Walmart Inc. (NYSE:WMT) Shares Acquired by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH increased its position in Walmart Inc. (NYSE:WMT) by 7.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 77,618 shares of the retailer’s stock after purchasing an additional 5,057 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Walmart were worth $7,013,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Enclave Advisors LLC lifted its holdings in Walmart by 26.4% in the 4th quarter. Enclave Advisors LLC now owns 128,701 shares of the retailer’s stock worth $11,633,000 after buying an additional 26,866 shares in the last quarter. LifePlan Financial LLC lifted its stake in shares of Walmart by 96.9% in the fourth quarter. LifePlan Financial LLC now owns 11,949 shares of the retailer’s stock worth $1,080,000 after acquiring an additional 5,881 shares in the last quarter. Transform Wealth LLC boosted its holdings in Walmart by 11.5% in the fourth quarter. Transform Wealth LLC now owns 218,511 shares of the retailer’s stock valued at $19,787,000 after purchasing an additional 22,556 shares during the last quarter. Chesley Taft & Associates LLC grew its stake in Walmart by 10.1% during the 4th quarter. Chesley Taft & Associates LLC now owns 4,748 shares of the retailer’s stock valued at $429,000 after purchasing an additional 435 shares in the last quarter. Finally, Alpha Cubed Investments LLC increased its holdings in Walmart by 2.1% during the 4th quarter. Alpha Cubed Investments LLC now owns 30,061 shares of the retailer’s stock worth $2,716,000 after purchasing an additional 610 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Price Performance

Shares of NYSE:WMT opened at $93.26 on Thursday. The stock’s 50 day moving average price is $91.47 and its 200 day moving average price is $81.79. 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 stock has a market cap of $749.19 billion, a price-to-earnings ratio of 38.27, a PEG ratio of 4.36 and a beta of 0.55. Walmart Inc. has a 12 month low of $53.44 and a 12 month high of $96.18.

Walmart (NYSE:WMT) last announced its quarterly earnings data 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. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The business had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. During the same quarter in the prior year, the firm posted $0.51 earnings per share. The company’s revenue was up 5.5% on a year-over-year basis. Equities research analysts anticipate 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 Walmart stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $92.35, for a total value of $2,689,601.40. Following the transaction, the chief executive officer now directly owns 3,785,702 shares in the company, valued at $349,609,579.70. The trade was a 0.76 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Daniel J. Bartlett sold 1,830 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the sale, the executive vice president now directly owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 97,928 shares of company stock worth $8,978,123 in the last ninety days. 45.58% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Guggenheim raised their price target on shares of Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Roth Mkm raised their price objective on shares of Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Morgan Stanley upped their target price on shares of Walmart from $100.00 to $106.00 and gave the company an “overweight” rating in a research note on Tuesday. StockNews.com downgraded Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $105.00 price objective on shares of Walmart in a research note on Wednesday, January 15th. Two investment analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Walmart has a consensus rating of “Moderate Buy” and an average price target of $94.69.

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.