Walmart Inc. (NYSE:WMT) Stock Holdings Decreased by First Affirmative Financial Network

First Affirmative Financial Network decreased its stake in shares of Walmart Inc. (NYSE:WMT) by 23.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,244 shares of the retailer’s stock after selling 2,235 shares during the period. First Affirmative Financial Network’s holdings in Walmart were worth $655,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of WMT. Dakota Community Bank & Trust NA grew its position in shares of Walmart by 4.0% during the 4th quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer’s stock valued at $260,000 after buying an additional 110 shares during the last quarter. Kozak & Associates Inc. grew its position in shares of Walmart by 22.3% during the fourth quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock worth $56,000 after acquiring an additional 113 shares during the last quarter. Summit Financial Wealth Advisors LLC increased its holdings in shares of Walmart by 0.5% in the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock worth $1,915,000 after acquiring an additional 118 shares during the period. Hanson & Doremus Investment Management lifted its position in Walmart by 1.0% in the 4th quarter. Hanson & Doremus Investment Management now owns 12,609 shares of the retailer’s stock valued at $1,139,000 after purchasing an additional 120 shares during the last quarter. Finally, Lowe Wealth Advisors LLC boosted its stake in Walmart by 13.5% during the 4th quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer’s stock valued at $92,000 after purchasing an additional 121 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Trading Down 0.7 %

NYSE WMT opened at $97.97 on Friday. The firm’s 50 day moving average price is $92.91 and its two-hundred day moving average price is $82.90. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. Walmart Inc. has a twelve month low of $55.04 and a twelve month high of $99.00. The stock has a market cap of $787.00 billion, a price-to-earnings ratio of 40.20, a PEG ratio of 4.46 and a beta of 0.55.

Walmart (NYSE:WMT) last issued its quarterly 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 the consensus estimate of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. Walmart’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 earnings per share. Equities analysts anticipate that Walmart Inc. will post 2.48 EPS for the current year.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the transaction, the chief executive officer now directly owns 3,814,805 shares in the company, valued at $348,825,769.20. The trade was a 0.76 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,830 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the sale, the executive vice president now owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 137,177 shares of company stock worth $12,649,328 in the last 90 days. Company insiders own 45.58% of the company’s stock.

Analysts Set New Price Targets

WMT has been the topic of a number of recent analyst reports. KeyCorp lifted their price target on Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. Evercore ISI lifted their target price on Walmart from $94.00 to $96.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Robert W. Baird increased their price target on Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. UBS Group lifted their price objective on shares of Walmart from $100.00 to $113.00 and gave the company a “buy” rating in a research note on Friday. Finally, Guggenheim increased their target price 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. Two research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $95.11.

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.