Arlington Trust Co LLC Raises Stake in Walmart Inc. (NYSE:WMT)

Arlington Trust Co LLC boosted its holdings in shares of Walmart Inc. (NYSE:WMT) by 15.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,219 shares of the retailer’s stock after acquiring an additional 3,306 shares during the period. Walmart accounts for about 0.5% of Arlington Trust Co LLC’s investment portfolio, making the stock its 27th largest holding. Arlington Trust Co LLC’s holdings in Walmart were worth $2,188,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Redhawk Wealth Advisors Inc. raised its holdings in Walmart by 7.3% in the third quarter. Redhawk Wealth Advisors Inc. now owns 12,538 shares of the retailer’s stock worth $1,012,000 after buying an additional 854 shares during the last quarter. Creative Planning raised its holdings in Walmart by 4.9% in the third quarter. Creative Planning now owns 1,800,743 shares of the retailer’s stock worth $142,973,000 after buying an additional 83,376 shares during the last quarter. Allen Mooney & Barnes Investment Advisors LLC raised its holdings in Walmart by 0.7% in the third quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 45,765 shares of the retailer’s stock worth $3,695,000 after buying an additional 298 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in Walmart by 5.2% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 17,448 shares of the retailer’s stock worth $1,409,000 after buying an additional 866 shares during the last quarter. Finally, Occidental Asset Management LLC raised its holdings in Walmart by 5.0% in the third quarter. Occidental Asset Management LLC now owns 69,085 shares of the retailer’s stock worth $5,579,000 after buying an additional 3,278 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP John D. Rainey sold 38,000 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were 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 approximately $25,419,362.80. The trade was a 12.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 in the company, valued at $348,825,769.20. This trade represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 175,177 shares of company stock worth $16,403,728 over the last three months. 45.58% of the stock is currently owned by company insiders.

Walmart Stock Performance

WMT opened at $102.45 on Wednesday. The firm has a market cap of $822.98 billion, a P/E ratio of 42.04, a PEG ratio of 4.25 and a beta of 0.55. Walmart Inc. has a 1-year low of $55.85 and a 1-year high of $103.11. The company has a 50 day simple moving average of $94.27 and a two-hundred day simple moving average of $84.59. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The business had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The company’s revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.51 earnings per share. Equities analysts forecast that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Robert W. Baird lifted their target price on shares of Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Telsey Advisory Group lifted their target price on shares of Walmart from $92.00 to $100.00 and gave the stock an “outperform” rating in a report on Tuesday, November 19th. Citigroup lifted their price target on shares of Walmart from $98.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday. BMO Capital Markets lifted their price target on shares of Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Finally, DZ Bank lowered shares of 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. Two investment 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $98.08.

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.