Cypress Wealth Services LLC Acquires 931 Shares of Walmart Inc. (NYSE:WMT)

Cypress Wealth Services LLC increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,117 shares of the retailer’s stock after purchasing an additional 931 shares during the period. Cypress Wealth Services LLC’s holdings in Walmart were worth $1,275,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Capital Advisors Wealth Management LLC lifted its position in Walmart by 27.3% in the 4th quarter. Capital Advisors Wealth Management LLC now owns 7,689 shares of the retailer’s stock valued at $695,000 after acquiring an additional 1,647 shares in the last quarter. JGP Wealth Management LLC raised its stake in shares of Walmart by 0.7% in the 4th quarter. JGP Wealth Management LLC now owns 130,253 shares of the retailer’s stock valued at $11,768,000 after purchasing an additional 935 shares during the period. Ritholtz Wealth Management lifted its holdings in shares of Walmart by 5.6% in the fourth quarter. Ritholtz Wealth Management now owns 204,338 shares of the retailer’s stock valued at $18,462,000 after purchasing an additional 10,786 shares in the last quarter. Carnegie Investment Counsel boosted its position in shares of Walmart by 0.5% during the fourth quarter. Carnegie Investment Counsel now owns 215,123 shares of the retailer’s stock worth $19,436,000 after buying an additional 964 shares during the period. Finally, Tallon Kerry Patrick bought a new position in shares of Walmart during the fourth quarter worth about $252,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $92.60, for a total value of $1,215,375.00. Following the completion of the transaction, the executive vice president now owns 566,794 shares of the company’s stock, valued at $52,485,124.40. The trade was a 2.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $92.35, for a total transaction of $2,689,601.40. Following the sale, the chief executive officer now owns 3,785,702 shares in the company, valued at $349,609,579.70. The trade was a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 138,347 shares of company stock valued at $12,311,491. 45.58% of the stock is owned by company insiders.

Walmart Stock Performance

Shares of WMT stock opened at $91.33 on Friday. The company has a 50-day simple moving average of $90.86 and a 200 day simple moving average of $81.03. 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 company has a market capitalization of $733.70 billion, a price-to-earnings ratio of 37.48, a PEG ratio of 4.41 and a beta of 0.55. Walmart Inc. has a 52 week low of $53.44 and a 52 week high of $96.18.

Walmart (NYSE:WMT) last released its quarterly earnings results 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. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The business 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 company posted $0.51 EPS. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. On average, sell-side analysts predict that Walmart Inc. will post 2.47 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on WMT. StockNews.com cut Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. KeyCorp boosted their price objective on shares of Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Redburn Atlantic raised shares of Walmart to a “strong-buy” rating in a research report on Monday, September 23rd. Stifel Nicolaus boosted their price target on shares of Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research report on Tuesday, December 10th. Finally, Evercore ISI increased their price objective 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. Two equities research 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 stock. According to data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $94.49.

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.