Cantor Fitzgerald Investment Advisors L.P. Has $3.28 Million Stock Position in Walmart Inc. (NYSE:WMT)

Cantor Fitzgerald Investment Advisors L.P. cut its stake in shares of Walmart Inc. (NYSE:WMT) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,265 shares of the retailer’s stock after selling 878 shares during the period. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Walmart were worth $3,277,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in WMT. SC&H Financial Advisors Inc. boosted its position in shares of Walmart by 1.0% during the fourth quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer’s stock worth $924,000 after purchasing an additional 103 shares in the last quarter. Dakota Community Bank & Trust NA raised its stake in Walmart by 4.0% during the 4th quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer’s stock worth $260,000 after buying an additional 110 shares during the period. Kozak & Associates Inc. lifted its holdings in Walmart by 22.3% during the fourth quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock worth $56,000 after acquiring an additional 113 shares in the last quarter. Summit Financial Wealth Advisors LLC grew its stake in Walmart by 0.5% in the third quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock valued at $1,915,000 after acquiring an additional 118 shares during the period. Finally, Hanson & Doremus Investment Management increased its holdings in shares of Walmart by 1.0% in the fourth quarter. Hanson & Doremus Investment Management now owns 12,609 shares of the retailer’s stock worth $1,139,000 after acquiring an additional 120 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Down 1.6 %

WMT opened at $101.17 on Monday. The stock’s fifty day simple moving average is $94.07 and its 200 day simple moving average is $84.26. Walmart Inc. has a 1-year low of $55.85 and a 1-year high of $103.11. The stock has a market cap of $812.73 billion, a PE ratio of 41.52, a price-to-earnings-growth ratio of 4.25 and a beta of 0.55. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42.

Walmart (NYSE:WMT) last issued its quarterly earnings data 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 net margin of 2.92% and a return on equity of 21.78%. The company’s revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.51 earnings per share. As a group, research analysts expect that Walmart Inc. will post 2.48 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on WMT. DZ Bank lowered Walmart from a “buy” rating to a “hold” rating and set a $91.00 price objective for the company. in a research report on Thursday, November 21st. Barclays lifted their price target on shares of Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, January 9th. KeyCorp increased their price objective on shares of Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. TD Cowen upped their target price on shares of Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Finally, Piper Sandler increased their target price on Walmart from $83.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday, November 18th. Two research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $96.01.

Insiders Place Their Bets

In other news, EVP Daniel J. Bartlett sold 1,830 shares of Walmart stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total transaction of $166,658.10. Following the completion of the sale, the executive vice president now owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This trade represents a 0.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert Edward Jr. Moritz purchased 5,446 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was acquired at an average price of $91.81 per share, for a total transaction of $499,997.26. Following the completion of the purchase, the director now directly owns 7,805 shares of the company’s stock, valued at $716,577.05. This represents a 230.86 % increase in their position. The disclosure for this purchase can be found here. Insiders sold 175,177 shares of company stock worth $16,403,728 over the last three months. Insiders own 45.58% of the company’s stock.

Walmart 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.