Walmart Inc. (NYSE:WMT) Shares Purchased by Saxon Interests Inc.

Saxon Interests Inc. raised its holdings in Walmart Inc. (NYSE:WMT) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,001 shares of the retailer’s stock after buying an additional 409 shares during the period. Walmart comprises about 0.9% of Saxon Interests Inc.’s holdings, making the stock its 27th largest position. Saxon Interests Inc.’s holdings in Walmart were worth $2,078,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Avanza Fonder AB purchased a new stake in Walmart in the fourth quarter valued at approximately $38,804,000. Yarger Wealth Strategies LLC increased its holdings in shares of Walmart by 3.7% in the 4th quarter. Yarger Wealth Strategies LLC now owns 3,459 shares of the retailer’s stock valued at $313,000 after acquiring an additional 122 shares during the period. RDA Financial Network raised its position in Walmart by 6.0% in the 4th quarter. RDA Financial Network now owns 25,475 shares of the retailer’s stock valued at $2,302,000 after purchasing an additional 1,433 shares during the last quarter. Woodstock Corp boosted its stake in Walmart by 2.3% during the 4th quarter. Woodstock Corp now owns 140,663 shares of the retailer’s stock worth $12,709,000 after purchasing an additional 3,098 shares during the period. Finally, Goldstone Financial Group LLC grew its position in Walmart by 18.4% during the 4th quarter. Goldstone Financial Group LLC now owns 5,377 shares of the retailer’s stock worth $486,000 after purchasing an additional 834 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Up 0.8 %

WMT stock opened at $92.02 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. The company’s 50 day simple moving average is $91.01 and its 200-day simple moving average is $81.10. Walmart Inc. has a 12 month low of $53.44 and a 12 month high of $96.18. The firm has a market capitalization of $739.19 billion, a PE ratio of 37.76, a P/E/G ratio of 4.41 and a beta of 0.55.

Walmart (NYSE:WMT) last announced its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating 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 firm had revenue of $169.59 billion for the quarter, compared to analysts’ expectations of $167.69 billion. During the same quarter in the prior year, the firm earned $0.51 EPS. Walmart’s quarterly revenue was up 5.5% on a year-over-year basis. Equities analysts expect that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the sale, the chief executive officer now owns 3,843,929 shares in the company, valued at approximately $318,238,881.91. This trade represents a 0.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of Walmart 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 sale, the executive vice president now directly owns 566,794 shares of the company’s stock, valued at $52,485,124.40. The trade was a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 140,177 shares of company stock worth $12,478,149. 45.58% of the stock is owned by corporate insiders.

Analyst Ratings Changes

WMT has been the subject of several recent research reports. Royal Bank of Canada reiterated an “outperform” rating and set a $105.00 target price on shares of Walmart in a research note on Wednesday. Tigress Financial increased their price objective on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Redburn Atlantic upgraded Walmart to a “strong-buy” rating in a research note on Monday, September 23rd. DZ Bank cut Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target for the company. in a research note on Thursday, November 21st. Finally, StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Two equities 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target 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.