Great Waters Wealth Management Has $341,000 Stock Position in Walmart Inc. (NYSE:WMT)

Great Waters Wealth Management cut its stake in shares of Walmart Inc. (NYSE:WMT) by 13.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,777 shares of the retailer’s stock after selling 605 shares during the period. Great Waters Wealth Management’s holdings in Walmart were worth $341,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of WMT. LifePlan Financial LLC raised its stake in shares of Walmart by 96.9% during the 4th quarter. LifePlan Financial LLC now owns 11,949 shares of the retailer’s stock worth $1,080,000 after purchasing an additional 5,881 shares in the last quarter. Transform Wealth LLC raised its position in Walmart by 11.5% during the fourth quarter. Transform Wealth LLC now owns 218,511 shares of the retailer’s stock worth $19,787,000 after acquiring an additional 22,556 shares in the last quarter. Chesley Taft & Associates LLC lifted its stake in Walmart by 10.1% in the fourth quarter. Chesley Taft & Associates LLC now owns 4,748 shares of the retailer’s stock valued at $429,000 after acquiring an additional 435 shares during the last quarter. Alpha Cubed Investments LLC grew its position in shares of Walmart by 2.1% in the 4th quarter. Alpha Cubed Investments LLC now owns 30,061 shares of the retailer’s stock valued at $2,716,000 after acquiring an additional 610 shares during the period. Finally, Perpetual Ltd increased its stake in shares of Walmart by 106.2% during the 4th quarter. Perpetual Ltd now owns 26,297 shares of the retailer’s stock worth $2,376,000 after purchasing an additional 13,541 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Walmart

In related news, EVP John D. Rainey sold 3,000 shares of the stock in a transaction on Friday, November 1st. The stock was sold at an average price of $82.12, for a total value of $246,360.00. Following the completion of the sale, the executive vice president now directly owns 378,165 shares in the company, valued at $31,054,909.80. This represents a 0.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $92.60, for a total value of $1,215,375.00. Following the transaction, the executive vice president now directly owns 566,794 shares of the company’s stock, valued at approximately $52,485,124.40. This represents a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 97,928 shares of company stock worth $8,978,123. 45.58% of the stock is currently owned by insiders.

Walmart Trading Up 0.2 %

Shares of Walmart stock opened at $93.26 on Thursday. The firm has a market capitalization of $749.19 billion, a PE ratio of 38.27, a price-to-earnings-growth ratio of 4.36 and a beta of 0.55. 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’s 50 day moving average is $91.47 and its 200 day moving average is $81.79. Walmart Inc. has a 1 year low of $53.44 and a 1 year high of $96.18.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The company had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same period in the prior year, the business earned $0.51 earnings per share. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. Equities research analysts forecast that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on WMT shares. Royal Bank of Canada reiterated an “outperform” rating and set a $105.00 price target on shares of Walmart in a report on Wednesday, January 15th. Robert W. Baird increased their price target on Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Roth Mkm lifted their price objective on shares of Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. TD Cowen increased their price objective on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Finally, UBS Group upped their price target on shares of Walmart from $92.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Two analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Walmart has an average rating of “Moderate Buy” and an average 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.