Trust Co. of Oklahoma Boosts Stock Position in Walmart Inc. (NYSE:WMT)

Trust Co. of Oklahoma raised its position in shares of Walmart Inc. (NYSE:WMT) by 0.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 33,625 shares of the retailer’s stock after purchasing an additional 163 shares during the quarter. Walmart accounts for 1.0% of Trust Co. of Oklahoma’s portfolio, making the stock its 24th largest position. Trust Co. of Oklahoma’s holdings in Walmart were worth $3,038,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Brophy Wealth Management LLC acquired a new position in shares of Walmart in the 3rd quarter valued at about $2,072,000. Bank of New Hampshire lifted its holdings in shares of Walmart by 13.7% in the 4th quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock valued at $4,332,000 after buying an additional 5,786 shares during the period. Iowa State Bank lifted its holdings in shares of Walmart by 213.8% in the 4th quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock valued at $2,422,000 after buying an additional 18,263 shares during the period. Fisher Asset Management LLC lifted its holdings in shares of Walmart by 4.6% in the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after buying an additional 2,107,197 shares during the period. Finally, Virtu Financial LLC acquired a new position in shares of Walmart in the 3rd quarter valued at about $541,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $92.62, for a total value of $2,697,464.88. Following the sale, the chief executive officer now directly owns 3,766,491 shares in the company, valued at approximately $348,852,396.42. This trade represents a 0.77 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total value of $1,220,100.00. Following the completion of the sale, the executive vice president now owns 568,626 shares in the company, valued at approximately $52,859,472.96. The trade was a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 140,177 shares of company stock worth $12,895,688 over the last ninety days. Corporate insiders own 45.58% of the company’s stock.

Walmart Stock Up 1.1 %

NYSE:WMT opened at $94.84 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. The stock’s fifty day moving average is $91.81 and its two-hundred day moving average is $81.95. Walmart Inc. has a 52 week low of $53.47 and a 52 week high of $96.18. The stock has a market capitalization of $761.90 billion, a price-to-earnings ratio of 38.92, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55.

Walmart (NYSE:WMT) last released its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The company had revenue of $169.59 billion for the quarter, compared to analysts’ expectations of $167.69 billion. During the same period in the prior year, the firm earned $0.51 earnings per share. The firm’s revenue was up 5.5% compared to the same quarter last year. Research analysts anticipate that Walmart Inc. will post 2.48 EPS for the current year.

Analyst Ratings Changes

WMT has been the subject of several analyst reports. Citigroup boosted their price objective on Walmart from $75.00 to $98.00 and gave the company a “buy” rating in a report on Friday, September 27th. Wells Fargo & Company upped their price target on Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a report on Friday, January 10th. KeyCorp upped their price target on Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. Sanford C. Bernstein upped their price target on Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Finally, Evercore ISI upped their price target on Walmart from $94.00 to $96.00 and gave the stock an “outperform” rating in a report on Tuesday, December 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. Based on data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $94.69.

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.