Kavar Capital Partners Group LLC Cuts Stock Holdings in Walmart Inc. (NYSE:WMT)

Kavar Capital Partners Group LLC cut its stake in Walmart Inc. (NYSE:WMT) by 0.4% in the fourth quarter, HoldingsChannel reports. The firm owned 81,053 shares of the retailer’s stock after selling 295 shares during the quarter. Walmart makes up about 1.2% of Kavar Capital Partners Group LLC’s investment portfolio, making the stock its 21st biggest position. Kavar Capital Partners Group LLC’s holdings in Walmart were worth $7,323,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Peterson Financial Group Inc. purchased a new stake in Walmart during the 3rd quarter worth about $26,000. Decker Retirement Planning Inc. purchased a new stake in Walmart during the fourth quarter worth approximately $32,000. Voisard Asset Management Group Inc. boosted its holdings in Walmart by 77.3% in 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 acquired a new stake in Walmart during the third quarter worth approximately $33,000. Finally, Livelsberger Financial Advisory acquired a new position in shares of Walmart in the 3rd quarter valued at $36,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WMT has been the subject of a number of research reports. StockNews.com cut shares of Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Telsey Advisory Group upped their target price on Walmart from $92.00 to $100.00 and gave the company an “outperform” rating in a research report on Tuesday, November 19th. Roth Mkm lifted their price target on Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Oppenheimer increased their price objective on Walmart from $81.00 to $90.00 and gave the company an “outperform” rating in a report on Monday, October 14th. Finally, Stifel Nicolaus lifted their target price on shares of Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. Two research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $94.69.

Insider Activity

In other Walmart news, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $82.12, for a total value of $246,360.00. Following the transaction, the executive vice president now directly owns 378,165 shares in the company, valued at approximately $31,054,909.80. This represents a 0.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert Edward Jr. Moritz purchased 5,446 shares of the firm’s stock in a transaction on Wednesday, November 27th. The shares were purchased at an average cost of $91.81 per share, for a total transaction of $499,997.26. Following the completion of the purchase, the director now directly owns 7,805 shares in the company, valued at $716,577.05. The trade was a 230.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 140,177 shares of company stock worth $12,895,688 over the last ninety days. 45.58% of the stock is currently owned by insiders.

Walmart Stock Performance

Shares of WMT stock opened at $97.36 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. The stock has a market cap of $782.16 billion, a PE ratio of 39.96, a P/E/G ratio of 4.42 and a beta of 0.55. Walmart Inc. has a 1 year low of $54.51 and a 1 year high of $97.84. The stock has a fifty day moving average price of $92.29 and a 200 day moving average price of $82.49.

Walmart (NYSE:WMT) last released its quarterly earnings data 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 business had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. During the same period in the previous year, the firm earned $0.51 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. Sell-side analysts forecast that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

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.