Walmart Inc. (NYSE:WMT) Holdings Lifted by Baron Silver Stevens Financial Advisors LLC

Baron Silver Stevens Financial Advisors LLC grew its position in Walmart Inc. (NYSE:WMT) by 2.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,693 shares of the retailer’s stock after purchasing an additional 200 shares during the period. Baron Silver Stevens Financial Advisors LLC’s holdings in Walmart were worth $695,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Drucker Wealth 3.0 LLC bought a new position in shares of Walmart in the second quarter valued at approximately $275,000. Deerfield Management Company L.P. Series C boosted its holdings in shares of Walmart by 84.2% in the second quarter. Deerfield Management Company L.P. Series C now owns 10,384 shares of the retailer’s stock valued at $703,000 after acquiring an additional 4,747 shares in the last quarter. MBB Public Markets I LLC boosted its holdings in shares of Walmart by 2,233.2% in the second quarter. MBB Public Markets I LLC now owns 314,186 shares of the retailer’s stock valued at $21,274,000 after acquiring an additional 300,720 shares in the last quarter. Mackenzie Financial Corp boosted its holdings in shares of Walmart by 0.8% in the second quarter. Mackenzie Financial Corp now owns 4,592,715 shares of the retailer’s stock valued at $310,973,000 after acquiring an additional 34,588 shares in the last quarter. Finally, Legal & General Group Plc lifted its stake in Walmart by 1.8% during the second quarter. Legal & General Group Plc now owns 36,282,740 shares of the retailer’s stock valued at $2,456,704,000 after purchasing an additional 644,353 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Insider Activity at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total value of $1,220,100.00. Following the transaction, the executive vice president now directly owns 568,626 shares in the company, valued at approximately $52,859,472.96. This trade represents a 2.26 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $92.62, for a total transaction of $2,697,464.88. Following the completion of the transaction, the chief executive officer now owns 3,766,491 shares in the company, valued at $348,852,396.42. The trade was a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 140,177 shares of company stock worth $12,895,688. 45.58% of the stock is owned by insiders.

Walmart Stock Performance

Shares of WMT opened at $94.84 on Friday. The company’s fifty day moving average is $91.81 and its 200-day moving average is $81.95. Walmart Inc. has a 12 month low of $53.47 and a 12 month high of $96.18. The firm has a market cap of $761.90 billion, a price-to-earnings ratio of 38.92, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping 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 company had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. During the same quarter in the prior year, the business posted $0.51 EPS. Walmart’s quarterly revenue was up 5.5% on a year-over-year basis. Equities analysts expect that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

WMT has been the subject of several recent research reports. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. Wells Fargo & Company increased their target price on shares of Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, January 10th. Royal Bank of Canada reissued an “outperform” rating and set a $105.00 target price on shares of Walmart in a research note on Wednesday, January 15th. Stifel Nicolaus increased their target price 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. Finally, Roth Mkm increased their target price on shares of Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Two research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $94.69.

Walmart Company 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.