ORG Wealth Partners LLC Lowers Stock Holdings in Walmart Inc. (NYSE:WMT)

ORG Wealth Partners LLC lessened its stake in shares of Walmart Inc. (NYSE:WMT) by 6.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 13,293 shares of the retailer’s stock after selling 987 shares during the quarter. Walmart comprises about 0.4% of ORG Wealth Partners LLC’s portfolio, making the stock its 21st largest holding. ORG Wealth Partners LLC’s holdings in Walmart were worth $1,201,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Kozak & Associates Inc. boosted 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 purchasing an additional 113 shares in the last quarter. Summit Financial Wealth Advisors LLC raised its position in shares of Walmart by 0.5% during the third quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock worth $1,915,000 after purchasing an additional 118 shares during the period. Providence Wealth Advisors LLC lifted its holdings in shares of Walmart by 0.3% during the 3rd quarter. Providence Wealth Advisors LLC now owns 43,549 shares of the retailer’s stock valued at $3,591,000 after purchasing an additional 122 shares in the last quarter. 3Chopt Investment Partners LLC grew its position in shares of Walmart by 0.4% in the 3rd quarter. 3Chopt Investment Partners LLC now owns 32,633 shares of the retailer’s stock valued at $2,635,000 after purchasing an additional 124 shares during the period. Finally, CAP Partners LLC increased its position in shares of Walmart by 2.1% in the third quarter. CAP Partners LLC now owns 6,054 shares of the retailer’s stock valued at $489,000 after acquiring an additional 125 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WMT has been the topic of several recent analyst reports. Wells Fargo & Company boosted their price target on Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday. DZ Bank downgraded shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price for the company. in a report on Thursday, November 21st. Stifel Nicolaus raised their price objective on shares of Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research report on Tuesday, December 10th. KeyCorp increased their target price on Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 11th. Finally, Robert W. Baird raised their price target 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 issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $94.08.

Walmart Trading Up 1.0 %

NYSE WMT traded up $0.93 during mid-day trading on Friday, reaching $92.73. 7,241,488 shares of the stock were exchanged, compared to its average volume of 11,948,687. The stock has a market cap of $744.94 billion, a P/E ratio of 38.06, a P/E/G ratio of 4.47 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. Walmart Inc. has a one year low of $53.39 and a one year high of $96.18. The stock has a 50 day simple moving average of $90.16 and a 200-day simple moving average of $80.29.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, topping the consensus estimate 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 period last year, the company posted $0.51 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. On average, analysts anticipate that Walmart Inc. will post 2.47 EPS for the current year.

Insiders Place Their Bets

In other Walmart news, Director Robert Edward Jr. Moritz purchased 5,446 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were acquired at an average price of $91.81 per share, with a total value of $499,997.26. Following the transaction, the director now owns 7,805 shares in the company, valued at $716,577.05. The trade was a 230.86 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred 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 completion of the sale, the executive vice president now directly owns 566,794 shares of the company’s stock, valued at approximately $52,485,124.40. This trade represents a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 140,412 shares of company stock worth $12,478,116. Corporate insiders own 45.58% of the company’s stock.

Walmart 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.