Everpar Advisors LLC Trims Stake in Walmart Inc. (NYSE:WMT)

Everpar Advisors LLC lessened its position in shares of Walmart Inc. (NYSE:WMT) by 1.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,010 shares of the retailer’s stock after selling 363 shares during the quarter. Walmart comprises 0.9% of Everpar Advisors LLC’s investment portfolio, making the stock its 21st biggest holding. Everpar Advisors LLC’s holdings in Walmart were worth $1,808,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Intech Investment Management LLC boosted its stake in shares of Walmart by 5.1% during the second quarter. Intech Investment Management LLC now owns 1,197,490 shares of the retailer’s stock worth $81,082,000 after buying an additional 58,542 shares during the period. Brighton Jones LLC raised its stake in Walmart by 6.7% during the 2nd quarter. Brighton Jones LLC now owns 80,261 shares of the retailer’s stock valued at $5,434,000 after acquiring an additional 5,008 shares during the last quarter. Ieq Capital LLC lifted its position in Walmart by 12.8% during the 2nd quarter. Ieq Capital LLC now owns 217,577 shares of the retailer’s stock worth $14,732,000 after acquiring an additional 24,615 shares during the period. Trust Investment Advisors purchased a new position in shares of Walmart in the 2nd quarter valued at approximately $221,000. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in shares of Walmart by 159.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 595,653 shares of the retailer’s stock valued at $40,332,000 after purchasing an additional 365,914 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,830 shares of the stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the transaction, the executive vice president now owns 460,705 shares of the company’s stock, valued at $41,956,404.35. This trade represents a 0.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the sale, the chief executive officer now directly owns 3,843,929 shares of the company’s stock, valued at $318,238,881.91. This represents a 0.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 140,177 shares of company stock worth $12,478,149 over the last quarter. 45.58% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on WMT. Tigress Financial increased their price target on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Evercore ISI raised their target price on shares of Walmart from $94.00 to $96.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. Guggenheim raised their price objective on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Finally, BMO Capital Markets increased their target price on Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Two analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and a consensus price target of $94.49.

Walmart Trading Up 0.8 %

Shares of WMT stock opened at $92.02 on Friday. Walmart Inc. has a twelve month low of $53.44 and a twelve month high of $96.18. The company has a market capitalization of $739.19 billion, a price-to-earnings ratio of 37.76, a PEG ratio of 4.41 and a beta of 0.55. The firm has a 50-day moving average price of $91.01 and a 200 day moving average price of $81.10. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. The business had revenue of $169.59 billion for 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%. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.51 earnings per share. Research analysts forecast that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

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.