First National Bank & Trust Co. of Newtown Decreases Stock Position in Walmart Inc. (NYSE:WMT)

First National Bank & Trust Co. of Newtown trimmed its holdings in shares of Walmart Inc. (NYSE:WMT) by 16.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,142 shares of the retailer’s stock after selling 4,550 shares during the quarter. First National Bank & Trust Co. of Newtown’s holdings in Walmart were worth $2,091,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fiduciary Advisors Inc. bought a new stake in shares of Walmart during the fourth quarter worth $27,000. Peterson Financial Group Inc. bought a new stake in shares of Walmart during the third quarter worth $26,000. Decker Retirement Planning Inc. bought a new stake in shares of Walmart during the fourth quarter worth $32,000. Voisard Asset Management Group Inc. raised its holdings in shares of Walmart by 77.3% in the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after acquiring an additional 174 shares in the last quarter. Finally, Hara Capital LLC bought a new stake in shares of Walmart in the third quarter valued at about $37,000. 26.76% of the stock is currently owned by institutional investors.

Walmart Trading Up 0.1 %

Walmart stock opened at $103.90 on Thursday. Walmart Inc. has a 52 week low of $57.60 and a 52 week high of $105.30. The company has a market capitalization of $834.69 billion, a price-to-earnings ratio of 42.64, a price-to-earnings-growth ratio of 4.39 and a beta of 0.55. The stock has a 50-day moving average price of $95.56 and a 200 day moving average price of $86.17. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42.

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 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 company had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same period in the previous year, the company posted $0.51 earnings per share. Walmart’s revenue for the quarter was up 5.5% on a year-over-year basis. Sell-side analysts anticipate that Walmart Inc. will post 2.48 EPS for the current year.

Wall Street Analyst Weigh In

WMT has been the subject of several recent research reports. Stifel Nicolaus lifted their price objective on Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. JPMorgan Chase & Co. lifted their price objective on Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a report on Monday, February 10th. 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. UBS Group lifted their price objective on Walmart from $100.00 to $113.00 and gave the company a “buy” rating in a report on Friday, January 31st. Finally, Roth Mkm lifted their price objective on Walmart from $81.00 to $97.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Two research analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and a consensus target price of $101.87.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the completion of the transaction, the chief executive officer now directly owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. This represents a 0.76 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP John D. Rainey sold 38,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $98.80, for a total value of $3,754,400.00. Following the transaction, the executive vice president now directly owns 257,281 shares of the company’s stock, valued at approximately $25,419,362.80. The trade was a 12.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 175,177 shares of company stock valued at $16,403,728. 45.58% of the stock is owned by company insiders.

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.