Bfsg LLC Sells 813 Shares of Walmart Inc. (NYSE:WMT)

Bfsg LLC lessened its holdings in Walmart Inc. (NYSE:WMT) by 1.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 61,689 shares of the retailer’s stock after selling 813 shares during the period. Bfsg LLC’s holdings in Walmart were worth $5,574,000 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. Peterson Financial Group Inc. bought a new stake in Walmart in the 3rd quarter valued at $26,000. Fiduciary Advisors Inc. bought a new position in Walmart during the 4th quarter worth $27,000. Voisard Asset Management Group Inc. increased its position in Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after buying an additional 174 shares during the period. Decker Retirement Planning Inc. bought a new position in Walmart during the 4th quarter worth $32,000. Finally, Livelsberger Financial Advisory bought a new position in Walmart during the 3rd quarter worth $36,000. Institutional investors own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction dated 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert Edward Jr. Moritz acquired 5,446 shares of the stock in a transaction dated Wednesday, November 27th. The shares were bought at an average price of $91.81 per share, with a total value of $499,997.26. Following the completion of the transaction, the director now directly owns 7,805 shares of the company’s stock, 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 worth $16,403,728 over the last ninety days. 45.58% of the stock is owned by insiders.

Walmart Stock Performance

Shares of WMT stock opened at $103.73 on Wednesday. The business’s 50-day moving average price is $95.38 and its 200-day moving average price is $86.05. Walmart Inc. has a 12 month low of $57.60 and a 12 month high of $105.30. The firm has a market capitalization of $833.31 billion, a price-to-earnings ratio of 42.57, a PEG ratio of 4.30 and a beta of 0.55. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating 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 firm had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. During the same period last year, the firm posted $0.51 earnings per share. The business’s revenue for the quarter 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 year.

Wall Street Analyst Weigh In

Several research firms have weighed in on WMT. Telsey Advisory Group increased their price objective on Walmart from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 12th. JPMorgan Chase & Co. increased their price objective on Walmart from $97.00 to $112.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. Robert W. Baird increased their price objective on Walmart from $100.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday. Sanford C. Bernstein increased their target price on Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Finally, Oppenheimer increased their target price on Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Wednesday, February 5th. Two research 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. According to MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and an average price target of $101.87.

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.