Compass Financial Services Inc Makes New Investment in Walmart Inc. (NYSE:WMT)

Compass Financial Services Inc bought a new stake in Walmart Inc. (NYSE:WMT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,589 shares of the retailer’s stock, valued at approximately $234,000.

Several other large investors have also modified their holdings of WMT. Newbridge Financial Services Group Inc. lifted its position in Walmart by 29.7% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 40,233 shares of the retailer’s stock valued at $3,635,000 after purchasing an additional 9,203 shares during the period. Kestra Private Wealth Services LLC raised its stake in shares of Walmart by 9.9% during the 4th quarter. Kestra Private Wealth Services LLC now owns 378,774 shares of the retailer’s stock worth $34,222,000 after buying an additional 34,239 shares in the last quarter. Stephens Inc. AR raised its stake in shares of Walmart by 0.4% during the 4th quarter. Stephens Inc. AR now owns 1,342,757 shares of the retailer’s stock worth $121,318,000 after buying an additional 5,178 shares in the last quarter. Stockman Wealth Management Inc. acquired a new stake in shares of Walmart in the 4th quarter valued at approximately $205,000. Finally, Alliance Wealth Advisors LLC boosted its stake in shares of Walmart by 7.0% in the fourth quarter. Alliance Wealth Advisors LLC now owns 4,721 shares of the retailer’s stock valued at $427,000 after buying an additional 309 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other Walmart news, SVP David Chojnowski sold 5,600 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $91.45, for a total transaction of $512,120.00. Following the completion of the sale, the senior vice president now directly owns 87,404 shares in the company, valued at $7,993,095.80. This represents a 6.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP John D. Rainey sold 38,000 shares of Walmart stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $98.80, for a total value of $3,754,400.00. Following the completion of the transaction, the executive vice president now directly owns 257,281 shares in the company, valued at $25,419,362.80. This represents a 12.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 175,177 shares of company stock valued at $16,403,728 over the last quarter. Company insiders own 45.58% of the company’s stock.

Walmart Price Performance

Shares of NYSE:WMT opened at $102.77 on Tuesday. The company has a market cap of $825.62 billion, a P/E ratio of 42.18, a P/E/G ratio of 4.25 and a beta of 0.55. The business has a fifty day simple moving average of $94.07 and a 200-day simple moving average of $84.36. Walmart Inc. has a 52 week low of $55.85 and a 52 week high of $103.11. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate 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%. The firm’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.51 EPS. Equities research analysts forecast that Walmart Inc. will post 2.48 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on WMT. DZ Bank downgraded Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price for the company. in a report on Thursday, November 21st. Royal Bank of Canada reiterated an “outperform” rating and issued a $105.00 price objective on shares of Walmart in a research note on Wednesday, January 15th. Morgan Stanley upped their target price on shares of Walmart from $100.00 to $106.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Truist Financial lifted their price target on shares of Walmart from $89.00 to $98.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Finally, Wells Fargo & Company upped their price target on Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.95.

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.