Helen Stephens Group LLC Sells 420 Shares of Walmart Inc. (NYSE:WMT)

Helen Stephens Group LLC cut its holdings in shares of Walmart Inc. (NYSE:WMT) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,825 shares of the retailer’s stock after selling 420 shares during the quarter. Helen Stephens Group LLC’s holdings in Walmart were worth $1,610,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brophy Wealth Management LLC bought a new stake in Walmart in the 3rd quarter worth approximately $2,072,000. Bank of New Hampshire increased its holdings in shares of Walmart by 13.7% in the 4th quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock worth $4,332,000 after buying an additional 5,786 shares during the last quarter. Iowa State Bank raised its position in shares of Walmart by 213.8% during the 4th quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock valued at $2,422,000 after buying an additional 18,263 shares in the last quarter. Fisher Asset Management LLC lifted its stake in shares of Walmart by 4.6% in the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after purchasing an additional 2,107,197 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in Walmart in the third quarter worth $541,000. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Up 0.8 %

Walmart stock opened at $92.02 on Friday. The stock’s fifty day moving average is $91.01 and its two-hundred day moving average is $81.10. The stock has a market cap of $739.19 billion, a PE ratio of 37.76, a P/E/G ratio of 4.41 and a beta of 0.55. Walmart Inc. has a 1-year low of $53.44 and a 1-year high of $96.18. 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 (NYSE:WMT) last released its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating 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 quarter in the prior year, the firm posted $0.51 earnings per share. Walmart’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, sell-side analysts expect that Walmart Inc. will post 2.47 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on WMT. Roth Mkm increased their price target on Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Barclays lifted their target price on Walmart from $90.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, January 9th. Tigress Financial lifted their price objective on Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a report on Friday, December 13th. Citigroup raised their target price on shares of Walmart from $75.00 to $98.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Finally, Morgan Stanley boosted their price target on Walmart from $89.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Two investment 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $94.49.

Insiders Place Their Bets

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total value of $2,411,175.96. Following the sale, the chief executive officer now directly owns 3,843,929 shares in the company, valued at $318,238,881.91. This represents a 0.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP David Chojnowski sold 5,600 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total value of $512,120.00. Following the completion of the sale, the senior vice president now directly owns 87,404 shares in the company, valued at approximately $7,993,095.80. The trade was a 6.02 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 140,177 shares of company stock valued at $12,478,149. 45.58% of the stock is owned by company insiders.

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.