Lester Murray Antman dba SimplyRich Buys 270 Shares of Walmart Inc. (NYSE:WMT)

Lester Murray Antman dba SimplyRich raised its stake in Walmart Inc. (NYSE:WMT) by 0.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,790 shares of the retailer’s stock after acquiring an additional 270 shares during the quarter. Walmart comprises approximately 1.2% of Lester Murray Antman dba SimplyRich’s investment portfolio, making the stock its 15th biggest holding. Lester Murray Antman dba SimplyRich’s holdings in Walmart were worth $4,137,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of WMT. SC&H Financial Advisors Inc. boosted its holdings in Walmart by 1.0% in the fourth quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer’s stock valued at $924,000 after acquiring an additional 103 shares during the last quarter. Dakota Community Bank & Trust NA lifted its position in Walmart by 4.0% during the 4th quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer’s stock valued at $260,000 after purchasing an additional 110 shares during the period. Hobart Private Capital LLC boosted its stake in shares of Walmart by 1.6% in the 4th quarter. Hobart Private Capital LLC now owns 6,926 shares of the retailer’s stock valued at $626,000 after purchasing an additional 111 shares during the last quarter. Kozak & Associates Inc. grew its position in shares of Walmart by 22.3% during the 4th quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock worth $56,000 after buying an additional 113 shares during the period. Finally, Summit Financial Wealth Advisors LLC raised its stake in shares of Walmart by 0.5% during the third quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock worth $1,915,000 after buying an additional 118 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Stock Performance

Shares of WMT stock opened at $103.62 on Thursday. Walmart Inc. has a 12 month low of $55.85 and a 12 month high of $103.90. The company’s fifty day simple moving average is $94.45 and its 200-day simple moving average is $84.82. The firm has a market cap of $832.42 billion, a PE ratio of 42.53, a P/E/G ratio of 4.25 and a beta of 0.55. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42.

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

Analysts Set New Price Targets

WMT has been the subject of a number of analyst reports. Telsey Advisory Group lifted their target price on shares of Walmart from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday. DZ Bank cut Walmart from a “buy” rating to a “hold” rating and set a $91.00 price objective for the company. in a research note on Thursday, November 21st. Citigroup upped their price objective on Walmart from $98.00 to $120.00 and gave the company a “buy” rating in a report on Tuesday. Robert W. Baird raised their target price on Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Finally, Oppenheimer upped their price target on Walmart from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th. Two investment 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 MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $98.56.

Insider Activity at Walmart

In other news, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the transaction, the executive vice president now directly owns 460,705 shares in the company, valued at $41,956,404.35. The trade was a 0.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the completion of the sale, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. This trade represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 175,177 shares of company stock valued at $16,403,728. Insiders own 45.58% of the company’s stock.

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.