Walkner Condon Financial Advisors LLC Has $460,000 Stock Holdings in Walmart Inc. (NYSE:WMT)

Walkner Condon Financial Advisors LLC grew its stake in shares of Walmart Inc. (NYSE:WMT) by 2.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,087 shares of the retailer’s stock after purchasing an additional 118 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in Walmart were worth $460,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Catalyst Financial Partners LLC lifted its holdings in shares of Walmart by 2.3% during the fourth quarter. Catalyst Financial Partners LLC now owns 23,395 shares of the retailer’s stock valued at $2,114,000 after purchasing an additional 516 shares during the last quarter. Guardian Asset Advisors LLC lifted its stake in Walmart by 5.6% in the 4th quarter. Guardian Asset Advisors LLC now owns 31,906 shares of the retailer’s stock worth $2,883,000 after acquiring an additional 1,686 shares in the last quarter. Avestar Capital LLC lifted its stake in Walmart by 10.6% in the 4th quarter. Avestar Capital LLC now owns 32,496 shares of the retailer’s stock worth $2,943,000 after acquiring an additional 3,124 shares in the last quarter. MGB Wealth Management LLC lifted its stake in Walmart by 3.9% in the 4th quarter. MGB Wealth Management LLC now owns 33,626 shares of the retailer’s stock worth $3,039,000 after acquiring an additional 1,274 shares in the last quarter. Finally, One Plus One Wealth Management LLC lifted its stake in Walmart by 6.9% in the 4th quarter. One Plus One Wealth Management LLC now owns 4,348 shares of the retailer’s stock worth $393,000 after acquiring an additional 281 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Robert Edward Jr. Moritz bought 5,446 shares of the business’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 transaction, 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 ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP John D. Rainey sold 38,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president now owns 257,281 shares of the company’s stock, valued at $25,419,362.80. This trade represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 175,177 shares of company stock worth $16,403,728 in the last 90 days. 45.58% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

WMT has been the topic of several research reports. Tigress Financial upped their target price on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Oppenheimer upped their target price on Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Bank of America upped their target price on Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. UBS Group upped their target price on Walmart from $100.00 to $113.00 and gave the stock a “buy” rating in a research report on Friday, January 31st. Finally, JPMorgan Chase & Co. increased their price objective on Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus price target of $99.17.

Walmart Price Performance

Shares of WMT stock opened at $104.04 on Friday. The stock has a 50 day moving average of $94.83 and a two-hundred day moving average of $85.09. 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 Inc. has a 12 month low of $55.99 and a 12 month high of $105.30. The company has a market capitalization of $835.78 billion, a P/E ratio of 42.70, a P/E/G ratio of 4.25 and a beta of 0.55.

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

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.