Walmart Inc. (NYSE:WMT) Shares Bought by DGS Capital Management LLC

DGS Capital Management LLC lifted its position in Walmart Inc. (NYSE:WMT) by 14.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,381 shares of the retailer’s stock after acquiring an additional 2,801 shares during the period. DGS Capital Management LLC’s holdings in Walmart were worth $2,022,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Brophy Wealth Management LLC purchased a new stake in shares of Walmart in the third quarter worth approximately $2,072,000. Bank of New Hampshire lifted its position in Walmart by 13.7% in the 4th quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock worth $4,332,000 after buying an additional 5,786 shares in the last quarter. Iowa State Bank boosted its stake in shares of Walmart by 213.8% during 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 grew its holdings in shares of Walmart by 4.6% during 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 acquiring an additional 2,107,197 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Walmart in the third quarter worth $541,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on WMT. Oppenheimer lifted their price target on Walmart from $81.00 to $90.00 and gave the company an “outperform” rating in a report on Monday, October 14th. KeyCorp lifted their target price on shares of Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a research note on Wednesday, December 11th. DZ Bank lowered shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target on the stock. in a research note on Thursday, November 21st. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $105.00 price objective on shares of Walmart in a research note on Wednesday, January 15th. Finally, Robert W. Baird increased their target price on shares of Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $94.69.

Insider Buying and Selling

In other Walmart news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $92.96, for a total transaction of $1,220,100.00. Following the completion of the transaction, the executive vice president now directly owns 568,626 shares in the company, valued at $52,859,472.96. This represents a 2.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John D. Rainey sold 3,000 shares of Walmart stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $82.12, for a total transaction of $246,360.00. Following the transaction, the executive vice president now directly owns 378,165 shares of the company’s stock, valued at $31,054,909.80. This represents a 0.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 140,177 shares of company stock worth $12,895,688 in the last 90 days. 45.58% of the stock is owned by company insiders.

Walmart Stock Up 1.1 %

WMT opened at $94.84 on Monday. Walmart Inc. has a fifty-two week low of $53.47 and a fifty-two week high of $96.18. The company has a market capitalization of $761.90 billion, a P/E ratio of 38.92, a P/E/G 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 fifty day moving average price is $92.02 and its two-hundred day moving average price is $82.21.

Walmart (NYSE:WMT) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The business had revenue of $169.59 billion for the quarter, compared to analysts’ expectations of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.51 earnings per share. On average, analysts anticipate that Walmart Inc. will post 2.48 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.