TriaGen Wealth Management LLC Sells 872 Shares of Walmart Inc. (NYSE:WMT)

TriaGen Wealth Management LLC trimmed its position in shares of Walmart Inc. (NYSE:WMT) by 20.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,478 shares of the retailer’s stock after selling 872 shares during the period. TriaGen Wealth Management LLC’s holdings in Walmart were worth $314,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Czech National Bank lifted its holdings in Walmart by 8.7% during the third quarter. Czech National Bank now owns 884,820 shares of the retailer’s stock valued at $71,449,000 after purchasing an additional 70,808 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Walmart by 32.5% in the third quarter. GAMMA Investing LLC now owns 71,684 shares of the retailer’s stock valued at $5,788,000 after purchasing an additional 17,593 shares during the period. WealthBridge Capital Management LLC purchased a new stake in shares of Walmart during the 3rd quarter valued at approximately $336,000. Diversified Trust Co boosted its holdings in Walmart by 4.8% in the 3rd quarter. Diversified Trust Co now owns 129,449 shares of the retailer’s stock worth $10,453,000 after buying an additional 5,983 shares during the period. Finally, Everpar Advisors LLC grew its stake in Walmart by 2.3% in the 3rd quarter. Everpar Advisors LLC now owns 20,373 shares of the retailer’s stock valued at $1,645,000 after buying an additional 449 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. DZ Bank downgraded Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price on the stock. in a research report on Thursday, November 21st. Robert W. Baird raised their target price on Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Wells Fargo & Company upped their price target on Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday, January 10th. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Finally, Roth Mkm upped their target price on shares of Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Two research 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 a consensus rating of “Moderate Buy” and a consensus price target of $95.11.

Insiders Place Their Bets

In other Walmart news, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, January 23rd. The stock was 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. This trade represents a 2.26 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $91.44, for a total value 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. This trade represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 137,177 shares of company stock valued at $12,649,328 in the last quarter. Insiders own 45.58% of the company’s stock.

Walmart Trading Down 0.7 %

Shares of WMT stock opened at $97.97 on Monday. The business has a 50-day moving average of $93.07 and a 200 day moving average of $83.19. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. Walmart Inc. has a 1-year low of $55.04 and a 1-year high of $99.00. The stock has a market capitalization of $787.00 billion, a PE ratio of 40.20, a P/E/G ratio of 4.46 and a beta of 0.55.

Walmart (NYSE:WMT) last released its quarterly earnings data 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. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The firm had revenue of $169.59 billion during the quarter, compared to analyst estimates of $167.69 billion. During the same quarter in the prior year, the firm posted $0.51 earnings per share. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.48 earnings per share 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.