16,377 Shares in Walmart Inc. (NYSE:WMT) Bought by Corps Capital Advisors LLC

Corps Capital Advisors LLC acquired a new stake in Walmart Inc. (NYSE:WMT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 16,377 shares of the retailer’s stock, valued at approximately $1,480,000. Walmart accounts for approximately 1.5% of Corps Capital Advisors LLC’s holdings, making the stock its 20th biggest holding.

Other large investors also recently bought and sold shares of the company. Geode Capital Management LLC increased its stake in shares of Walmart by 3.3% during the third quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer’s stock worth $7,048,465,000 after acquiring an additional 2,786,061 shares during the period. FMR LLC boosted its holdings in Walmart by 12.9% in the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer’s stock valued at $5,098,203,000 after purchasing an additional 7,200,004 shares in the last quarter. Fisher Asset Management LLC increased its position in Walmart by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock worth $3,848,533,000 after purchasing an additional 2,107,197 shares during the period. Franklin Resources Inc. raised its stake in shares of Walmart by 3.7% during the 3rd quarter. Franklin Resources Inc. now owns 41,501,782 shares of the retailer’s stock worth $3,392,658,000 after buying an additional 1,480,927 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Walmart by 1.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,236,769 shares of the retailer’s stock valued at $2,522,369,000 after buying an additional 350,881 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

WMT opened at $103.90 on Thursday. Walmart Inc. has a 1 year low of $57.60 and a 1 year high of $105.30. The company’s 50 day simple moving average is $95.56 and its 200 day simple moving average is $86.17. The stock has a market capitalization of $834.69 billion, a PE ratio of 42.64, a P/E/G ratio of 4.39 and a beta of 0.55. 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 announced its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The company had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. Walmart’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the business earned $0.51 EPS. As a group, sell-side analysts expect that Walmart Inc. will post 2.48 EPS for the current year.

Insider Buying and Selling

In related news, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $92.47, for a total value of $277,410.00. Following the transaction, the executive vice president now owns 375,165 shares in the company, valued at approximately $34,691,507.55. This trade represents a 0.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total transaction of $166,658.10. Following the sale, the executive vice president now owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 175,177 shares of company stock valued at $16,403,728. 45.58% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on WMT. Jefferies Financial Group upped their price objective on Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. Morgan Stanley reaffirmed an “overweight” rating and set a $115.00 price target (up from $106.00) on shares of Walmart in a research note on Thursday, February 13th. Stifel Nicolaus raised their price objective on shares of Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a research note on Tuesday, December 10th. Telsey Advisory Group boosted their price objective on shares of Walmart from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, February 12th. Finally, UBS Group increased their target price on shares of Walmart from $100.00 to $113.00 and gave the company a “buy” rating in a report on Friday, January 31st. 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’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $101.87.

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.