One Wealth Advisors LLC cut its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 39.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,961 shares of the retailer's stock after selling 3,196 shares during the quarter. One Wealth Advisors LLC's holdings in Walmart were worth $448,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the company. Geode Capital Management LLC boosted its stake in shares of Walmart by 3.3% in the 3rd quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer's stock worth $7,048,465,000 after buying an additional 2,786,061 shares during the last quarter. FMR LLC boosted its position in Walmart by 12.9% in the third quarter. FMR LLC now owns 63,135,639 shares of the retailer's stock worth $5,098,203,000 after purchasing an additional 7,200,004 shares during the last quarter. Fisher Asset Management LLC grew its stake in Walmart by 4.6% in the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer's stock valued at $3,848,533,000 after purchasing an additional 2,107,197 shares during the period. Franklin Resources Inc. increased its position 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 valued at $3,392,658,000 after purchasing an additional 1,480,927 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Walmart by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,236,769 shares of the retailer's stock worth $2,522,369,000 after purchasing an additional 350,881 shares during the period. 26.76% of the stock is owned by institutional investors.
A number of research firms recently issued reports on WMT. Sanford C. Bernstein raised their price objective on shares of Walmart from $98.00 to $102.00 and gave the stock an "outperform" rating in a report on Wednesday, November 20th. StockNews.com cut shares of Walmart from a "strong-buy" rating to a "buy" rating in a report on Wednesday, November 20th. DZ Bank lowered Walmart from a "buy" rating to a "hold" rating and set a $91.00 price objective for the company. in a report on Thursday, November 21st. Stifel Nicolaus boosted their target price on Walmart from $89.00 to $94.00 and gave the company a "hold" rating in a research note on Tuesday, December 10th. Finally, Wells Fargo & Company increased their price target on Walmart from $100.00 to $108.00 and gave the stock an "overweight" rating in a research note on Monday. Two research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $95.37.
View Our Latest Report on Walmart
In related 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 transaction, the chief executive officer now directly owns 3,814,805 shares of the company's stock, valued at approximately $348,825,769.20. This trade represents a 0.76 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robert Edward Jr. Moritz bought 5,446 shares of the business's stock in a transaction on Wednesday, November 27th. The stock was purchased at an average cost of $91.81 per share, with a total value of $499,997.26. Following the purchase, the director now owns 7,805 shares of the company's stock, valued at $716,577.05. This represents a 230.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 137,177 shares of company stock valued at $12,649,328 over the last 90 days. Insiders own 45.58% of the company's stock.
Shares of WMT opened at $100.92 on Wednesday. Walmart Inc. has a 1-year low of $55.85 and a 1-year high of $100.95. The company has a market capitalization of $810.71 billion, a P/E ratio of 41.42, a P/E/G ratio of 4.49 and a beta of 0.55. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. The firm's 50 day simple moving average is $93.27 and its 200 day simple moving average is $83.48.
Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts' expectations of $167.69 billion. During the same quarter last year, the company posted $0.51 EPS. The business's quarterly revenue was up 5.5% on a year-over-year basis. Sell-side analysts forecast that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.
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.
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