Long Run Wealth Advisors LLC Increases Stock Holdings in Walmart Inc. (NYSE:WMT)

Long Run Wealth Advisors LLC increased its stake in Walmart Inc. (NYSE:WMT) by 4.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,128 shares of the retailer’s stock after acquiring an additional 278 shares during the quarter. Long Run Wealth Advisors LLC’s holdings in Walmart were worth $554,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Peterson Financial Group Inc. acquired a new position in shares of Walmart during the 3rd quarter worth about $26,000. Fiduciary Advisors Inc. purchased a new stake in Walmart during the 4th quarter worth approximately $27,000. Voisard Asset Management Group Inc. raised its holdings in shares of Walmart by 77.3% during the third 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 during the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of Walmart in the fourth quarter valued at approximately $32,000. Finally, Hoese & Co LLP acquired a new stake in shares of Walmart in the third quarter worth approximately $33,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Trading Down 1.6 %

Shares of NYSE WMT opened at $101.17 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $812.73 billion, a PE ratio of 41.52, a PEG ratio of 4.49 and a beta of 0.55. Walmart Inc. has a twelve month low of $55.85 and a twelve month high of $103.11. The stock has a fifty day simple moving average of $93.89 and a 200-day simple moving average of $83.95.

Walmart (NYSE:WMT) last released 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 during the quarter, compared to the consensus estimate 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 period in the previous year, the company posted $0.51 EPS. On average, equities analysts forecast that Walmart Inc. will post 2.48 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the completion of the transaction, the chief executive officer now directly owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. The trade was a 0.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert Edward Jr. Moritz purchased 5,446 shares of the business’s stock in a transaction 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 acquisition, the director now owns 7,805 shares in the company, valued at $716,577.05. This trade represents a 230.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 175,177 shares of company stock valued at $16,403,728 in the last ninety days. Company insiders own 45.58% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on WMT. Telsey Advisory Group increased their price objective on Walmart from $92.00 to $100.00 and gave the company an “outperform” rating in a research note on Tuesday, November 19th. UBS Group increased their target price on shares of Walmart from $100.00 to $113.00 and gave the company a “buy” rating in a research report on Friday, January 31st. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Morgan Stanley increased their price objective on shares of Walmart from $100.00 to $106.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Finally, Stifel Nicolaus raised their target price on shares of Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research note on Tuesday, December 10th. Two 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’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $96.01.

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.