Sendero Wealth Management LLC Has $425,000 Stake in Walmart Inc. (NYSE:WMT)

Sendero Wealth Management LLC boosted its position in Walmart Inc. (NYSE:WMT) by 5.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,704 shares of the retailer’s stock after purchasing an additional 231 shares during the period. Sendero Wealth Management LLC’s holdings in Walmart were worth $425,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Pinnacle Bancorp Inc. grew its holdings in shares of Walmart by 2.4% during the fourth quarter. Pinnacle Bancorp Inc. now owns 11,338 shares of the retailer’s stock worth $1,024,000 after purchasing an additional 269 shares during the last quarter. Redhawk Wealth Advisors Inc. boosted its position in Walmart by 3.0% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 12,920 shares of the retailer’s stock worth $1,167,000 after buying an additional 382 shares during the period. Websterrogers Financial Advisors LLC grew its holdings in Walmart by 64.2% during the 4th quarter. Websterrogers Financial Advisors LLC now owns 4,372 shares of the retailer’s stock worth $395,000 after acquiring an additional 1,710 shares during the last quarter. Armstrong Advisory Group Inc. increased its position in Walmart by 2.2% in the 4th quarter. Armstrong Advisory Group Inc. now owns 13,516 shares of the retailer’s stock valued at $1,221,000 after acquiring an additional 287 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its stake in shares of Walmart by 9.3% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 19,067 shares of the retailer’s stock valued at $1,723,000 after acquiring an additional 1,619 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Transactions at Walmart

In other news, EVP John D. Rainey sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $82.12, for a total value of $246,360.00. Following the sale, the executive vice president now owns 378,165 shares of the company’s stock, valued at $31,054,909.80. The trade was a 0.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $92.60, for a total transaction of $1,215,375.00. Following the completion of the transaction, the executive vice president now directly owns 566,794 shares of the company’s stock, valued at approximately $52,485,124.40. This trade represents a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 138,347 shares of company stock worth $12,311,491. 45.58% of the stock is owned by company insiders.

Walmart Stock Performance

Shares of WMT stock opened at $91.39 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 firm has a market cap of $734.17 billion, a price-to-earnings ratio of 37.51, a P/E/G ratio of 4.41 and a beta of 0.55. Walmart Inc. has a 52 week low of $53.44 and a 52 week high of $96.18. The firm’s 50-day simple moving average is $90.70 and its two-hundred day simple moving average is $80.96.

Walmart (NYSE:WMT) last posted its quarterly earnings results 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 net margin of 2.92% and a return on equity of 21.78%. The company had revenue of $169.59 billion for the quarter, compared to analysts’ expectations of $167.69 billion. During the same quarter in the previous year, the firm posted $0.51 EPS. Walmart’s revenue was up 5.5% on a year-over-year basis. As a group, equities analysts forecast that Walmart Inc. will post 2.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

WMT has been the topic of several analyst reports. Tigress Financial boosted their price objective on shares of Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. DZ Bank lowered Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target on the stock. in a research report on Thursday, November 21st. Melius Research assumed coverage on Walmart in a research report on Monday, September 23rd. They set a “buy” rating and a $95.00 price objective for the company. Jefferies Financial Group upped their target price on Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Finally, Sanford C. Bernstein boosted their price target on shares of Walmart from $98.00 to $102.00 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 given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and an average target price of $94.49.

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.