Walmart Inc. (NYSE:WMT) Shares Sold by Unique Wealth LLC

Unique Wealth LLC cut its stake in Walmart Inc. (NYSE:WMT) by 2.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,085 shares of the retailer’s stock after selling 114 shares during the quarter. Unique Wealth LLC’s holdings in Walmart were worth $459,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Peterson Financial Group Inc. purchased a new stake in shares of Walmart in the 3rd quarter valued at approximately $26,000. Voisard Asset Management Group Inc. increased its stake in Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after acquiring an additional 174 shares during the last quarter. Hoese & Co LLP purchased a new stake in Walmart in the third quarter valued at $33,000. Livelsberger Financial Advisory purchased a new position in shares of Walmart during the 3rd quarter worth $36,000. Finally, Hara Capital LLC acquired a new stake in shares of Walmart during the 3rd quarter worth about $37,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Trading Down 1.7 %

Shares of WMT opened at $91.39 on Tuesday. Walmart Inc. has a twelve month low of $53.44 and a twelve month high of $96.18. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The firm’s 50-day moving average is $90.56 and its two-hundred day moving average is $80.80. The firm has a market capitalization of $734.17 billion, a P/E ratio of 37.51, a PEG ratio of 4.47 and a beta of 0.55.

Walmart (NYSE:WMT) last issued its quarterly earnings results 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 return on equity of 21.78% and a net margin of 2.92%. The company had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same period in the previous year, the firm posted $0.51 EPS. Walmart’s revenue was up 5.5% on a year-over-year basis. On average, research analysts predict that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have weighed in on WMT shares. Stifel Nicolaus increased their target price on shares of Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research note on Tuesday, December 10th. Jefferies Financial Group lifted their target price on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. StockNews.com cut Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. Piper Sandler lifted their price objective on Walmart from $83.00 to $93.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Finally, UBS Group increased their target price on Walmart from $92.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Two investment analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $94.08.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $82.12, for a total transaction of $246,360.00. Following the sale, the executive vice president now owns 378,165 shares in the company, valued at $31,054,909.80. This represents a 0.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated 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 sale, the executive vice president now directly owns 593,040 shares of the company’s stock, valued at approximately $49,198,598.40. This represents a 2.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 138,347 shares of company stock valued at $12,311,491 over the last 90 days. 45.58% of the stock is owned by corporate insiders.

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.