Strengthening Families & Communities LLC Reduces Holdings in Walmart Inc. (NYSE:WMT)

Strengthening Families & Communities LLC cut its holdings in shares of Walmart Inc. (NYSE:WMT) by 91.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,582 shares of the retailer’s stock after selling 38,912 shares during the quarter. Strengthening Families & Communities LLC’s holdings in Walmart were worth $324,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Fiduciary Advisors Inc. bought a new position in shares of Walmart in the fourth quarter worth $27,000. Peterson Financial Group Inc. acquired a new stake in shares of Walmart during the third quarter worth $26,000. Decker Retirement Planning Inc. acquired a new stake in Walmart during the 4th quarter worth about $32,000. Voisard Asset Management Group Inc. lifted its position in shares of Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after acquiring an additional 174 shares in the last quarter. Finally, Livelsberger Financial Advisory acquired a new stake in shares of Walmart in the third quarter worth $36,000. 26.76% of the stock is currently owned by institutional investors.

Walmart Stock Performance

Walmart stock opened at $102.45 on Wednesday. The firm has a market capitalization of $822.98 billion, a P/E ratio of 42.04, a P/E/G ratio of 4.25 and a beta of 0.55. The stock has a fifty day moving average price of $94.27 and a two-hundred day moving average price of $84.59. Walmart Inc. has a 52-week low of $55.85 and a 52-week high of $103.11. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last announced its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The business had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the company posted $0.51 EPS. As a group, analysts anticipate that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on WMT shares. Sanford C. Bernstein lifted their price target on Walmart from $98.00 to $102.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Barclays raised their target price 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. Morgan Stanley boosted their target price on shares of Walmart from $100.00 to $106.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. StockNews.com downgraded Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Finally, Robert W. Baird boosted their price objective on Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Two research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average target price of $98.08.

Insider Activity

In other news, EVP John D. Rainey sold 38,000 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $98.80, for a total value of $3,754,400.00. Following the completion of the sale, the executive vice president now directly owns 257,281 shares in the company, valued at approximately $25,419,362.80. This trade represents a 12.87 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert Edward Jr. Moritz purchased 5,446 shares of Walmart stock in a transaction that occurred on Wednesday, November 27th. The shares were bought at an average price of $91.81 per share, for a total transaction of $499,997.26. Following the transaction, the director now owns 7,805 shares in the company, valued at $716,577.05. This represents a 230.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 175,177 shares of company stock worth $16,403,728. Insiders own 45.58% of the company’s stock.

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.