Walmart Inc. (NYSE:WMT) is All Terrain Financial Advisors LLC’s 9th Largest Position

All Terrain Financial Advisors LLC lowered its holdings in Walmart Inc. (NYSE:WMTFree Report) by 2.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 69,403 shares of the retailer’s stock after selling 1,382 shares during the quarter. Walmart makes up about 2.1% of All Terrain Financial Advisors LLC’s investment portfolio, making the stock its 9th largest holding. All Terrain Financial Advisors LLC’s holdings in Walmart were worth $5,604,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WMT. Peterson Financial Group Inc. purchased a new stake in Walmart during the 3rd quarter valued at $26,000. Voisard Asset Management Group Inc. lifted its position in Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after purchasing an additional 174 shares in the last quarter. Hoese & Co LLP bought a new stake in Walmart during the third quarter valued at about $33,000. EntryPoint Capital LLC bought a new stake in Walmart during the first quarter valued at about $25,000. Finally, TruNorth Capital Management LLC raised its holdings in Walmart by 138.3% during the second quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock valued at $29,000 after acquiring an additional 249 shares during the period. Institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on WMT shares. Barclays lifted their target price on Walmart from $78.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday. DA Davidson boosted their price objective on Walmart from $75.00 to $85.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Oppenheimer boosted their price objective on Walmart from $81.00 to $90.00 and gave the stock an “outperform” rating in a research note on Monday, October 14th. Morgan Stanley boosted their price objective on Walmart from $89.00 to $100.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Finally, Royal Bank of Canada boosted their price objective on Walmart from $88.00 to $92.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned 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 $91.88.

Read Our Latest Analysis on WMT

Insider Buying and Selling

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $80.64, for a total value of $2,348,559.36. Following the sale, the chief executive officer now directly owns 3,873,053 shares of the company’s stock, valued at approximately $312,322,993.92. This represents a 0.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $82.96, for a total transaction of $1,088,850.00. Following the completion of the sale, the executive vice president now directly owns 593,040 shares in the company, valued at approximately $49,198,598.40. The trade was a 2.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,337,337 shares of company stock valued at $958,823,647 over the last 90 days. Corporate insiders own 45.58% of the company’s stock.

Walmart Trading Up 1.1 %

Shares of NYSE WMT traded up $0.99 during trading hours on Tuesday, reaching $90.49. The stock had a trading volume of 2,710,712 shares, compared to its average volume of 16,853,852. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.56. The firm has a market cap of $727.38 billion, a price-to-earnings ratio of 36.71, a P/E/G ratio of 4.29 and a beta of 0.51. The business’s fifty day moving average price is $82.29 and its two-hundred day moving average price is $74.14. Walmart Inc. has a 52-week low of $49.85 and a 52-week high of $90.95.

Walmart (NYSE:WMTGet Free Report) last issued 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%. Walmart’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.51 earnings per share. Analysts expect that Walmart Inc. will post 2.47 EPS for the current fiscal year.

About Walmart

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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