Lyell Wealth Management LP Has $8.51 Million Stock Position in Walmart Inc. (NYSE:WMT)

Lyell Wealth Management LP increased its position in Walmart Inc. (NYSE:WMT) by 13.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,146 shares of the retailer’s stock after purchasing an additional 11,416 shares during the quarter. Lyell Wealth Management LP’s holdings in Walmart were worth $8,506,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMT. Swedbank AB increased its position in Walmart by 0.4% in the third quarter. Swedbank AB now owns 5,345,293 shares of the retailer’s stock worth $431,632,000 after purchasing an additional 18,644 shares during the period. Koss Olinger Consulting LLC grew its position in shares of Walmart by 68.3% during the 3rd quarter. Koss Olinger Consulting LLC now owns 5,039 shares of the retailer’s stock worth $407,000 after buying an additional 2,045 shares during the period. Border to Coast Pensions Partnership Ltd grew its position in shares of Walmart by 11.9% during the 3rd quarter. Border to Coast Pensions Partnership Ltd now owns 923,378 shares of the retailer’s stock worth $74,345,000 after buying an additional 97,928 shares during the period. Retirement Guys Formula LLC grew its position in shares of Walmart by 3.9% during the 3rd quarter. Retirement Guys Formula LLC now owns 29,928 shares of the retailer’s stock worth $2,417,000 after buying an additional 1,136 shares during the period. Finally, Livelsberger Financial Advisory acquired a new position in shares of Walmart during the 3rd quarter worth about $36,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Trading Down 0.3 %

NYSE:WMT opened at $103.73 on Wednesday. The company has a market cap of $833.31 billion, a P/E ratio of 42.57, a price-to-earnings-growth 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 Inc. has a twelve month low of $57.60 and a twelve month high of $105.30. The business has a 50 day moving average price of $95.38 and a two-hundred day moving average price of $86.05.

Walmart (NYSE:WMT) last released its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate 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 return on equity of 21.78% and a net margin of 2.92%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.51 EPS. As a group, analysts expect that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

WMT has been the subject of several analyst reports. Bank of America boosted their target price on Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Morgan Stanley restated an “overweight” rating and set a $115.00 target price (up from $106.00) on shares of Walmart in a research report on Thursday, February 13th. DZ Bank lowered Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price for the company. in a research report on Thursday, November 21st. Citigroup boosted their target price on Walmart from $98.00 to $120.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Finally, Jefferies Financial Group boosted their price objective on Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Two analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $101.87.

Insider Activity

In other Walmart news, Director Robert Edward Jr. Moritz purchased 5,446 shares of the business’s stock in a transaction on Wednesday, November 27th. The stock was acquired at an average price of $91.81 per share, with a total value 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. This trade represents a 230.86 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP John D. Rainey sold 38,000 shares of the stock in a transaction on Monday, February 3rd. The stock was 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 owns 257,281 shares in the company, valued at $25,419,362.80. The trade was a 12.87 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 175,177 shares of company stock valued at $16,403,728. 45.58% of the stock is owned by insiders.

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.