DeDora Capital Inc. Boosts Stock Position in Walmart Inc. (NYSE:WMT)

DeDora Capital Inc. increased its stake in shares of Walmart Inc. (NYSE:WMT) by 1.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,509 shares of the retailer’s stock after purchasing an additional 287 shares during the quarter. DeDora Capital Inc.’s holdings in Walmart were worth $2,305,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. SC&H Financial Advisors Inc. boosted its position in Walmart by 1.0% during the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer’s stock worth $924,000 after acquiring an additional 103 shares during the period. Dakota Community Bank & Trust NA boosted 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 worth $260,000 after acquiring an additional 110 shares during the period. Rooted Wealth Advisors Inc. boosted its position in Walmart by 2.6% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 4,344 shares of the retailer’s stock worth $394,000 after acquiring an additional 110 shares during the period. Hobart Private Capital LLC boosted its position in Walmart by 1.6% during the 4th quarter. Hobart Private Capital LLC now owns 6,926 shares of the retailer’s stock worth $626,000 after acquiring an additional 111 shares during the period. Finally, Kozak & Associates Inc. boosted its position in Walmart by 22.3% during the 4th quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock worth $56,000 after acquiring an additional 113 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Down 1.0 %

WMT opened at $104.04 on Friday. Walmart Inc. has a fifty-two week low of $55.99 and a fifty-two week high of $105.30. The business has a 50-day moving average of $94.83 and a 200-day moving average of $85.09. 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 has a market capitalization of $835.78 billion, a PE ratio of 42.70, a price-to-earnings-growth ratio of 4.25 and a beta of 0.55.

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. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The company had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same period last year, the business earned $0.51 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. Equities research analysts forecast that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

WMT has been the subject of a number of analyst reports. Robert W. Baird boosted their price target on Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Roth Mkm upped their price objective on Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. TD Cowen upped their price objective on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Barclays upped their price objective on Walmart from $98.00 to $108.00 and gave the company an “overweight” rating in a report on Friday. Finally, BMO Capital Markets upped their price objective on Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Two research 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 company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $99.17.

Insider Transactions at Walmart

In other news, Director Robert Edward Jr. Moritz purchased 5,446 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was bought at an average cost of $91.81 per share, with a total value of $499,997.26. Following the purchase, the director now directly owns 7,805 shares of the company’s stock, valued at approximately $716,577.05. This trade represents a 230.86 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 38,000 shares of the stock in a transaction dated 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 directly owns 257,281 shares in the company, valued at approximately $25,419,362.80. This represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 175,177 shares of company stock valued at $16,403,728 in the last three months. Corporate 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.