Walmart Inc. (NYSE:WMT) Holdings Raised by Quadrant Private Wealth Management LLC

Quadrant Private Wealth Management LLC boosted its stake in Walmart Inc. (NYSE:WMT) by 1.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,325 shares of the retailer’s stock after buying an additional 365 shares during the quarter. Quadrant Private Wealth Management LLC’s holdings in Walmart were worth $3,018,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Adell Harriman & Carpenter Inc. lifted its position in Walmart by 5.7% in the 4th quarter. Adell Harriman & Carpenter Inc. now owns 159,289 shares of the retailer’s stock worth $14,392,000 after buying an additional 8,660 shares in the last quarter. Valeo Financial Advisors LLC lifted its position in Walmart by 0.8% in the 4th quarter. Valeo Financial Advisors LLC now owns 144,294 shares of the retailer’s stock worth $13,037,000 after buying an additional 1,120 shares in the last quarter. DeDora Capital Inc. lifted its position in Walmart by 1.1% in the 4th quarter. DeDora Capital Inc. now owns 25,509 shares of the retailer’s stock worth $2,305,000 after buying an additional 287 shares in the last quarter. AustralianSuper Pty Ltd acquired a new position in shares of Walmart during the 4th quarter worth $56,533,000. Finally, Kanawha Capital Management LLC increased its stake in shares of Walmart by 19.5% during the 4th quarter. Kanawha Capital Management LLC now owns 57,688 shares of the retailer’s stock worth $5,212,000 after purchasing an additional 9,394 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

NYSE:WMT opened at $104.04 on Friday. The company has a 50-day moving average of $94.99 and a 200-day moving average of $85.33. The company has a market capitalization of $835.78 billion, a price-to-earnings ratio of 42.70, a PEG ratio of 4.25 and a beta of 0.55. Walmart Inc. has a 52 week low of $55.99 and a 52 week high of $105.30. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85.

Walmart (NYSE:WMT) last released its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The company had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the firm earned $0.51 EPS. As a group, equities research analysts anticipate that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently commented on WMT shares. Robert W. Baird increased their price target on shares of Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Royal Bank of Canada restated an “outperform” rating and set a $105.00 price target on shares of Walmart in a research note on Wednesday, January 15th. Guggenheim increased their price target on shares of Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. Finally, Oppenheimer increased their price target on shares of Walmart from $100.00 to $110.00 and gave the stock 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 issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and an average target price of $99.17.

Insider Activity at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart 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 transaction, the chief executive officer now directly 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 position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Robert Edward Jr. Moritz purchased 5,446 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were purchased at an average cost of $91.81 per share, with a total value of $499,997.26. Following the completion of the acquisition, the director now directly owns 7,805 shares in the company, valued at $716,577.05. The trade was a 230.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 175,177 shares of company stock valued at $16,403,728 in the last ninety days. Insiders own 45.58% of the company’s stock.

Walmart 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.