Walmart Inc. (NYSE:WMT) Shares Sold by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 4.5% in the 4th quarter, HoldingsChannel reports. The firm owned 245,758 shares of the retailer’s stock after selling 11,492 shares during the quarter. Walmart makes up approximately 0.7% of U.S. Capital Wealth Advisors LLC’s holdings, making the stock its 21st largest holding. U.S. Capital Wealth Advisors LLC’s holdings in Walmart were worth $22,204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. Czech National Bank lifted its position in shares of Walmart by 8.7% during the 3rd quarter. Czech National Bank now owns 884,820 shares of the retailer’s stock valued at $71,449,000 after buying an additional 70,808 shares in the last quarter. GAMMA Investing LLC boosted its position in Walmart by 32.5% during the third quarter. GAMMA Investing LLC now owns 71,684 shares of the retailer’s stock worth $5,788,000 after acquiring an additional 17,593 shares during the last quarter. WealthBridge Capital Management LLC acquired a new position in shares of Walmart during the 3rd quarter worth approximately $336,000. Diversified Trust Co grew its holdings in Walmart by 4.8% in the 3rd quarter. Diversified Trust Co now owns 129,449 shares of the retailer’s stock valued at $10,453,000 after buying an additional 5,983 shares in the last quarter. Finally, Everpar Advisors LLC grew its holdings in shares of Walmart by 2.3% in the third quarter. Everpar Advisors LLC now owns 20,373 shares of the retailer’s stock valued at $1,645,000 after purchasing an additional 449 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on WMT shares. Royal Bank of Canada reissued an “outperform” rating and set a $105.00 target price on shares of Walmart in a research note on Wednesday, January 15th. StockNews.com downgraded shares of Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. Sanford C. Bernstein increased their price target on Walmart from $98.00 to $102.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. Telsey Advisory Group lifted their price objective on shares of Walmart from $92.00 to $100.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 19th. Finally, Evercore ISI boosted their target price on Walmart from $94.00 to $96.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Two analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $95.37.

Walmart Price Performance

Shares of NYSE WMT opened at $99.60 on Tuesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. The company’s fifty day moving average is $93.07 and its two-hundred day moving average is $83.27. Walmart Inc. has a one year low of $55.85 and a one year high of $99.79. The firm has a market capitalization of $800.13 billion, a P/E ratio of 40.88, a PEG ratio of 4.49 and a beta of 0.55.

Walmart (NYSE:WMT) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.05. The company had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. Walmart’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.51 earnings per share. Analysts forecast that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Insider Activity at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $92.96, for a total value of $1,220,100.00. Following the sale, the executive vice president now directly owns 568,626 shares of the company’s stock, valued at approximately $52,859,472.96. This trade represents a 2.26 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $92.62, for a total transaction of $2,697,464.88. Following the completion of the sale, the chief executive officer now directly owns 3,766,491 shares in the company, valued at $348,852,396.42. This represents a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 137,177 shares of company stock valued at $12,649,328. 45.58% of the stock is owned by corporate insiders.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.