2,500 Shares in Walmart Inc. (NYSE:WMT) Purchased by Gouws Capital LLC

Gouws Capital LLC bought a new position in shares of Walmart Inc. (NYSE:WMT) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 2,500 shares of the retailer’s stock, valued at approximately $202,000.

Several other institutional investors also recently modified their holdings of the stock. Investment Advisory Group LLC grew its position in shares of Walmart by 2.1% during the 3rd quarter. Investment Advisory Group LLC now owns 6,182 shares of the retailer’s stock worth $499,000 after buying an additional 126 shares during the period. Jag Capital Management LLC grew its position in shares of Walmart by 1.4% during the 3rd quarter. Jag Capital Management LLC now owns 9,413 shares of the retailer’s stock worth $760,000 after buying an additional 132 shares during the period. Professional Financial Advisors LLC grew its position in shares of Walmart by 0.6% during the 3rd quarter. Professional Financial Advisors LLC now owns 21,839 shares of the retailer’s stock worth $1,763,000 after buying an additional 137 shares during the period. Inspire Advisors LLC grew its position in shares of Walmart by 2.1% during the 3rd quarter. Inspire Advisors LLC now owns 6,677 shares of the retailer’s stock worth $539,000 after buying an additional 137 shares during the period. Finally, Creative Financial Designs Inc. ADV grew its position in shares of Walmart by 2.0% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 6,987 shares of the retailer’s stock worth $564,000 after buying an additional 137 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their target price on Walmart from $81.00 to $83.00 and gave the stock an “overweight” rating in a research report on Friday, August 16th. The Goldman Sachs Group boosted their price objective on Walmart from $73.00 to $81.00 and gave the company a “buy” rating in a research report on Friday, August 16th. StockNews.com upgraded Walmart from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 16th. Deutsche Bank Aktiengesellschaft boosted their price objective on Walmart from $77.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, August 16th. Finally, Barclays boosted their price objective on Walmart from $66.00 to $78.00 and gave the company an “overweight” rating in a research report on Friday, August 16th. One analyst has rated the stock with a hold rating, twenty-eight have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $84.84.

Insider Buying and Selling at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $82.96, for a total transaction of $1,088,850.00. Following the sale, the executive vice president now directly owns 593,040 shares of the company’s stock, valued at approximately $49,198,598.40. This represents a 2.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction on Thursday, September 26th. The stock was sold at an average price of $80.64, for a total value of $2,348,559.36. Following the sale, the chief executive officer now directly owns 3,873,053 shares in the company, valued at approximately $312,322,993.92. This trade represents a 0.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,337,337 shares of company stock valued at $958,823,647 in the last ninety days. 45.58% of the stock is currently owned by corporate insiders.

Walmart Stock Performance

WMT traded up $0.19 during trading hours on Friday, reaching $84.66. The company’s stock had a trading volume of 3,133,651 shares, compared to its average volume of 16,647,551. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.22 and a current ratio of 0.80. The company’s 50-day moving average is $81.14 and its 200-day moving average is $72.62. Walmart Inc. has a 52 week low of $49.85 and a 52 week high of $85.79. The firm has a market cap of $680.52 billion, a PE ratio of 43.94, a price-to-earnings-growth ratio of 4.27 and a beta of 0.51.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, August 15th. The retailer reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. Walmart had a return on equity of 21.72% and a net margin of 2.34%. The firm had revenue of $169.30 billion for the quarter, compared to analyst estimates of $168.56 billion. During the same period in the prior year, the firm posted $0.61 EPS. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. On average, equities analysts forecast that Walmart Inc. will post 2.44 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.