Strengthening Families & Communities LLC Has $324,000 Stock Holdings in Walmart Inc. (NYSE:WMT)

Strengthening Families & Communities LLC trimmed its position in Walmart Inc. (NYSE:WMT) by 91.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,582 shares of the retailer’s stock after selling 38,912 shares during the quarter. Strengthening Families & Communities LLC’s holdings in Walmart were worth $324,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WMT. Geode Capital Management LLC grew its stake in shares of Walmart by 3.3% during the third quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer’s stock worth $7,048,465,000 after purchasing an additional 2,786,061 shares during the period. FMR LLC boosted its holdings in Walmart by 12.9% during the third quarter. FMR LLC now owns 63,135,639 shares of the retailer’s stock worth $5,098,203,000 after buying an additional 7,200,004 shares during the last quarter. Fisher Asset Management LLC grew its position in shares of Walmart by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock worth $3,848,533,000 after buying an additional 2,107,197 shares during the period. Franklin Resources Inc. increased its stake in shares of Walmart by 3.7% in the 3rd quarter. Franklin Resources Inc. now owns 41,501,782 shares of the retailer’s stock valued at $3,392,658,000 after acquiring an additional 1,480,927 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Walmart by 1.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,236,769 shares of the retailer’s stock valued at $2,522,369,000 after acquiring an additional 350,881 shares during the period. 26.76% of the stock is owned by institutional investors.

Analyst Ratings Changes

WMT has been the subject of a number of analyst reports. StockNews.com cut shares of Walmart from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 20th. Jefferies Financial Group boosted their price target on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. UBS Group raised their price objective on Walmart from $100.00 to $113.00 and gave the stock a “buy” rating in a research note on Friday, January 31st. JPMorgan Chase & Co. boosted their target price on Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a research note on Monday. Finally, DZ Bank lowered Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target on the stock. in a research report on Thursday, November 21st. Two equities 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 company. According to MarketBeat.com, Walmart currently has an average rating of “Moderate Buy” and a consensus price target of $98.08.

Walmart Stock Performance

Shares of WMT opened at $102.45 on Wednesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. The firm has a 50-day moving average of $94.27 and a 200-day moving average of $84.59. The company has a market cap of $822.98 billion, a PE ratio of 42.04, a price-to-earnings-growth ratio of 4.25 and a beta of 0.55. Walmart Inc. has a one year low of $55.85 and a one year high of $103.11.

Walmart (NYSE:WMT) last released its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share 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 firm had revenue of $169.59 billion for the quarter, compared to analysts’ expectations of $167.69 billion. During the same period in the prior year, the firm earned $0.51 EPS. The business’s revenue was up 5.5% on a year-over-year basis. As a group, equities analysts forecast that Walmart Inc. will post 2.48 earnings per share for the current year.

Insider Buying and Selling

In other Walmart 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 completion of the sale, the chief executive officer now owns 3,814,805 shares in the company, valued at approximately $348,825,769.20. The trade was a 0.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 38,000 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $98.80, for a total value of $3,754,400.00. Following the completion of the transaction, the executive vice president now owns 257,281 shares in the company, valued at $25,419,362.80. This represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 175,177 shares of company stock valued at $16,403,728 over the last quarter. 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.