UMB Bank n.a. Sells 115,059 Shares of Walmart Inc. (NYSE:WMT)

UMB Bank n.a. lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 15.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 652,475 shares of the retailer’s stock after selling 115,059 shares during the quarter. Walmart comprises 0.9% of UMB Bank n.a.’s investment portfolio, making the stock its 24th largest position. UMB Bank n.a.’s holdings in Walmart were worth $58,951,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Peterson Financial Group Inc. purchased a new position in Walmart in the 3rd quarter worth $26,000. Decker Retirement Planning Inc. bought a new position in shares of Walmart during the fourth quarter valued at about $32,000. Voisard Asset Management Group Inc. increased its holdings in shares of Walmart by 77.3% in the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after buying an additional 174 shares during the period. Hoese & Co LLP bought a new stake in shares of Walmart in the 3rd quarter valued at about $33,000. Finally, Livelsberger Financial Advisory purchased a new stake in Walmart during the 3rd quarter valued at about $36,000. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Walmart news, EVP Daniel J. Bartlett sold 1,830 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the transaction, the executive vice president now directly owns 460,705 shares in the company, valued at $41,956,404.35. This represents a 0.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on 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 completion of the sale, the executive vice president now owns 593,040 shares in the company, valued at approximately $49,198,598.40. This represents a 2.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 140,177 shares of company stock valued at $12,478,149. 45.58% of the stock is owned by corporate insiders.

Analyst Ratings Changes

WMT has been the subject of several recent research reports. Sanford C. Bernstein boosted their price objective on Walmart from $98.00 to $102.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. StockNews.com cut shares of Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Wells Fargo & Company boosted their price objective on shares of Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday, January 10th. UBS Group upped their price objective on shares of Walmart from $92.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, TD Cowen raised their target price on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Two equities 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 company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $94.49.

Walmart Trading Up 0.8 %

Walmart stock opened at $92.02 on Tuesday. The business’s fifty day moving average is $91.15 and its 200 day moving average is $81.46. Walmart Inc. has a one year low of $53.44 and a one year high of $96.18. The stock has a market capitalization of $739.19 billion, a PE ratio of 37.76, a price-to-earnings-growth ratio of 4.41 and a beta of 0.55. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The company had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. Walmart’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.51 earnings per share. On average, sell-side analysts predict that Walmart Inc. will post 2.47 EPS for the current 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.