Insight Inv LLC Acquires 540 Shares of Walmart Inc. (NYSE:WMT)

Insight Inv LLC increased its holdings in Walmart Inc. (NYSE:WMT) by 1.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,341 shares of the retailer’s stock after buying an additional 540 shares during the period. Walmart comprises approximately 2.2% of Insight Inv LLC’s investment portfolio, making the stock its 11th biggest holding. Insight Inv LLC’s holdings in Walmart were worth $3,109,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Brophy Wealth Management LLC acquired a new position in shares of Walmart during the third quarter worth $2,072,000. Bank of New Hampshire increased its position in shares of Walmart by 13.7% during the fourth quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock worth $4,332,000 after purchasing an additional 5,786 shares in the last quarter. Iowa State Bank increased its position in shares of Walmart by 213.8% during the fourth quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock worth $2,422,000 after purchasing an additional 18,263 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of Walmart by 4.6% during the third quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock worth $3,848,533,000 after purchasing an additional 2,107,197 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Walmart during the third quarter worth $541,000. Institutional investors own 26.76% of the company’s stock.

Insider Activity at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the transaction, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at approximately $348,825,769.20. This represents a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Daniel J. Bartlett sold 1,830 shares of the company’s 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 directly owns 460,705 shares in the company, valued at $41,956,404.35. The trade was a 0.40 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 140,177 shares of company stock valued at $12,895,688. Company insiders own 45.58% of the company’s stock.

Walmart Stock Up 1.1 %

Shares of NYSE WMT opened at $94.84 on Monday. Walmart Inc. has a 12-month low of $53.47 and a 12-month high of $96.18. The company has a market capitalization of $761.90 billion, a PE ratio of 38.92, a price-to-earnings-growth ratio of 4.42 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. The firm’s 50-day moving average is $92.02 and its two-hundred day moving average is $82.21.

Walmart (NYSE:WMT) last announced 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 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 the consensus estimate of $167.69 billion. During the same quarter in the prior year, the firm earned $0.51 earnings per share. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. Equities analysts anticipate that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Analyst Ratings Changes

WMT has been the topic of several research reports. Evercore ISI upped their target price on Walmart from $94.00 to $96.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Bank of America upped their target price on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Royal Bank of Canada reissued an “outperform” rating and issued a $105.00 target price on shares of Walmart in a research report on Wednesday, January 15th. Stifel Nicolaus upped their target price on Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a research report on Tuesday, December 10th. Finally, DZ Bank downgraded Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price on the stock. in a research report on Thursday, November 21st. Two equities research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $94.69.

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.