Longview Financial Advisors Inc. Invests $227,000 in Walmart Inc. (NYSE:WMT)

Longview Financial Advisors Inc. bought a new stake in shares of Walmart Inc. (NYSE:WMT) during the 4th quarter, Holdings Channel reports. The firm bought 2,511 shares of the retailer’s stock, valued at approximately $227,000.

Other large investors also recently modified their holdings of the company. Legacy Solutions LLC acquired a new stake in Walmart in the fourth quarter worth approximately $311,000. Werba Rubin Papier Wealth Management lifted its holdings in shares of Walmart by 4.8% in the fourth quarter. Werba Rubin Papier Wealth Management now owns 3,026 shares of the retailer’s stock valued at $273,000 after buying an additional 138 shares during the period. Accuvest Global Advisors boosted its stake in Walmart by 20.3% during the fourth quarter. Accuvest Global Advisors now owns 61,944 shares of the retailer’s stock valued at $5,627,000 after buying an additional 10,466 shares in the last quarter. Lyell Wealth Management LP grew its holdings in Walmart by 13.8% during the fourth quarter. Lyell Wealth Management LP now owns 94,146 shares of the retailer’s stock worth $8,506,000 after acquiring an additional 11,416 shares during the period. Finally, Global Retirement Partners LLC raised its position in Walmart by 19.1% in the fourth quarter. Global Retirement Partners LLC now owns 117,509 shares of the retailer’s stock worth $10,617,000 after acquiring an additional 18,881 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In other news, Director Robert Edward Jr. Moritz bought 5,446 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were purchased at an average price of $91.81 per share, for a total transaction of $499,997.26. Following the acquisition, 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 position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’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 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. In the last quarter, insiders sold 175,177 shares of company stock worth $16,403,728. 45.58% of the stock is owned by corporate insiders.

Walmart Stock Performance

WMT stock opened at $103.73 on Wednesday. The firm has a 50 day moving average of $95.38 and a two-hundred day moving average of $86.05. Walmart Inc. has a 12 month low of $57.60 and a 12 month high of $105.30. The company has a market capitalization of $833.31 billion, a price-to-earnings ratio of 42.57, a P/E/G ratio of 4.30 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 data on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. During the same period in the prior year, the company posted $0.51 earnings per share. Walmart’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, equities analysts anticipate that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on WMT. Royal Bank of Canada restated an “outperform” rating and set a $105.00 price objective on shares of Walmart in a research report on Wednesday, January 15th. Oppenheimer lifted their price target on shares of Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Morgan Stanley reiterated an “overweight” rating and set a $115.00 price objective (up previously from $106.00) on shares of Walmart in a research report on Thursday, February 13th. JPMorgan Chase & Co. raised their price objective on Walmart from $97.00 to $112.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. Finally, Evercore ISI boosted their target price on Walmart from $94.00 to $96.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. Two 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. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $101.87.

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.