Perissos Private Wealth Management LLC Has $735,000 Stake in Walmart Inc. (NYSE:WMT)

Perissos Private Wealth Management LLC lifted its holdings in Walmart Inc. (NYSE:WMT) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,131 shares of the retailer’s stock after acquiring an additional 131 shares during the quarter. Perissos Private Wealth Management LLC’s holdings in Walmart were worth $735,000 at the end of the most recent reporting period.

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

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $91.44, for a total value of $2,663,098.56. Following the completion of the transaction, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at approximately $348,825,769.20. This trade represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert Edward Jr. Moritz bought 5,446 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was bought at an average cost of $91.81 per share, for a total transaction of $499,997.26. Following the transaction, the director now owns 7,805 shares of the company’s stock, valued at $716,577.05. The trade was a 230.86 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold 175,177 shares of company stock valued at $16,403,728 in the last 90 days. 45.58% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on WMT. UBS Group upped their target price on shares of Walmart from $100.00 to $113.00 and gave the stock a “buy” rating in a research report on Friday, January 31st. Royal Bank of Canada reiterated an “outperform” rating and issued a $105.00 price objective on shares of Walmart in a research report on Wednesday, January 15th. DZ Bank cut Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price for the company. in a research note on Thursday, November 21st. KeyCorp upped their price target on Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. Finally, Citigroup lifted their price objective on Walmart from $98.00 to $120.00 and gave the stock a “buy” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $98.56.

Walmart Price Performance

NYSE WMT opened at $103.62 on Thursday. 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 stock has a market cap of $832.42 billion, a price-to-earnings ratio of 42.53, a PEG ratio of 4.25 and a beta of 0.55. The business has a 50 day simple moving average of $94.45 and a 200 day simple moving average of $84.82. Walmart Inc. has a 52-week low of $55.85 and a 52-week high of $103.90.

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

About Walmart

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.