DHJJ Financial Advisors Ltd. Lowers Stock Holdings in Walmart Inc. (NYSE:WMT)

DHJJ Financial Advisors Ltd. trimmed its position in Walmart Inc. (NYSE:WMT) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,367 shares of the retailer’s stock after selling 135 shares during the quarter. DHJJ Financial Advisors Ltd.’s holdings in Walmart were worth $214,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of WMT. Peterson Financial Group Inc. purchased a new stake in Walmart in the third quarter valued at approximately $26,000. Fiduciary Advisors Inc. purchased a new stake in Walmart in the fourth quarter valued at approximately $27,000. Voisard Asset Management Group Inc. raised its stake in Walmart by 77.3% in the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after purchasing an additional 174 shares in the last quarter. Decker Retirement Planning Inc. purchased a new stake in Walmart in the fourth quarter valued at approximately $32,000. Finally, Livelsberger Financial Advisory bought a new position in Walmart during the third quarter valued at approximately $36,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Performance

Shares of Walmart stock opened at $104.04 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $835.78 billion, a P/E ratio of 42.70, a P/E/G ratio of 4.25 and a beta of 0.55. The business has a fifty day simple moving average of $94.83 and a two-hundred day simple moving average of $85.09. Walmart Inc. has a 12 month low of $55.99 and a 12 month high of $105.30.

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

Analysts Set New Price Targets

WMT has been the topic of a number of recent research reports. UBS Group increased their price target on shares of Walmart from $100.00 to $113.00 and gave the company a “buy” rating in a research report on Friday, January 31st. Royal Bank of Canada reiterated an “outperform” rating and set a $105.00 price target on shares of Walmart in a research report on Wednesday, January 15th. Sanford C. Bernstein increased their price target on shares of Walmart from $98.00 to $102.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. Oppenheimer increased their price target on shares of Walmart from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. Finally, Tigress Financial increased their price target 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 analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $99.17.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total value of $2,663,098.56. Following the completion of the transaction, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. The trade was a 0.76 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel J. Bartlett sold 1,830 shares of Walmart stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the transaction, the executive vice president now directly owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This represents a 0.40 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 175,177 shares of company stock valued at $16,403,728. 45.58% of the stock is currently owned by company insiders.

About Walmart

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.