Walmart Inc. (NYSE:WMT) Stock Holdings Raised by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC increased its position in Walmart Inc. (NYSE:WMT) by 4.4% in the fourth quarter, Holdings Channel reports. The firm owned 11,991 shares of the retailer’s stock after purchasing an additional 500 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in Walmart were worth $1,083,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Peterson Financial Group Inc. acquired a new position in shares of Walmart in the 3rd quarter worth approximately $26,000. Decker Retirement Planning Inc. acquired a new position in Walmart in the fourth quarter worth $32,000. Voisard Asset Management Group Inc. raised its holdings in shares of Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after purchasing an additional 174 shares during the period. Hoese & Co LLP bought a new position in shares of Walmart in the 3rd quarter worth about $33,000. Finally, Livelsberger Financial Advisory acquired a new position in shares of Walmart in the 3rd quarter valued at about $36,000. 26.76% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $82.79, for a total value of $2,411,175.96. Following the completion of the sale, the chief executive officer now directly owns 3,843,929 shares in the company, valued at approximately $318,238,881.91. The trade was a 0.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 sale, the executive vice president now directly owns 460,705 shares of the company’s stock, 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. In the last 90 days, insiders have sold 140,177 shares of company stock worth $12,478,149. 45.58% of the stock is owned by corporate insiders.

Walmart Stock Performance

Shares of NYSE WMT opened at $92.02 on Tuesday. Walmart Inc. has a one year low of $53.44 and a one year high of $96.18. The business’s 50-day moving average price is $91.15 and its two-hundred day moving average price is $81.46. 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 company has a market capitalization of $739.19 billion, a P/E ratio of 37.76, a price-to-earnings-growth ratio of 4.41 and a beta of 0.55.

Walmart (NYSE:WMT) last released its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The firm had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The firm’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.51 earnings per share. Analysts anticipate that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on WMT. Citigroup raised their target price on shares of Walmart from $75.00 to $98.00 and gave the stock a “buy” rating in a report on Friday, September 27th. StockNews.com lowered Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. BMO Capital Markets raised their target price on Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. TD Cowen boosted their price target on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Finally, Tigress Financial lifted their price objective on shares of Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, December 13th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company 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.