Walmart Inc. (NYSE:WMT) Shares Sold by Trilogy Capital Inc.

Trilogy Capital Inc. decreased its stake in Walmart Inc. (NYSE:WMT) by 10.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,889 shares of the retailer’s stock after selling 955 shares during the period. Trilogy Capital Inc.’s holdings in Walmart were worth $713,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of WMT. Dakota Community Bank & Trust NA boosted its stake in Walmart by 4.0% during the 4th quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer’s stock worth $260,000 after purchasing an additional 110 shares during the period. Kozak & Associates Inc. boosted its stake in Walmart by 22.3% during the 4th quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock worth $56,000 after purchasing an additional 113 shares during the period. Summit Financial Wealth Advisors LLC raised its position in Walmart by 0.5% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock worth $1,915,000 after buying an additional 118 shares during the last quarter. Hanson & Doremus Investment Management raised its position in Walmart by 1.0% during the 4th quarter. Hanson & Doremus Investment Management now owns 12,609 shares of the retailer’s stock worth $1,139,000 after buying an additional 120 shares during the last quarter. Finally, Lowe Wealth Advisors LLC raised its position in Walmart by 13.5% during the 4th quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer’s stock worth $92,000 after buying an additional 121 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Performance

Walmart stock opened at $101.17 on Friday. The company has a market cap of $812.73 billion, a PE ratio of 41.52, a P/E/G ratio of 4.49 and a beta of 0.55. The company has a fifty day moving average price of $93.89 and a two-hundred day moving average price of $83.95. 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 12 month low of $55.85 and a 12 month high of $103.11.

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, 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 previous year, the company posted $0.51 earnings per share. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. Research analysts expect that Walmart Inc. will post 2.48 earnings per share for the current year.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction dated 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 sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel J. Bartlett sold 1,830 shares of Walmart stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the sale, the executive vice president now owns 460,705 shares in the company, 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. Over the last quarter, insiders sold 175,177 shares of company stock valued at $16,403,728. 45.58% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on WMT shares. Roth Mkm upped 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 upped their price objective on shares of Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Jefferies Financial Group upped their price objective on shares of Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a research report on Tuesday, December 17th. DZ Bank downgraded shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 price objective for the company. in a research report on Thursday, November 21st. Finally, Truist Financial upped their price objective on shares of Walmart from $89.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $96.01.

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.