Walmart Inc. (NYSE:WMT) Shares Sold by Woodson Capital Management LP

Woodson Capital Management LP lowered its position in shares of Walmart Inc. (NYSE:WMT) by 70.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,400 shares of the retailer’s stock after selling 193,600 shares during the period. Walmart accounts for approximately 1.3% of Woodson Capital Management LP’s portfolio, making the stock its 25th largest position. Woodson Capital Management LP’s holdings in Walmart were worth $6,573,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Peterson Financial Group Inc. purchased a new stake in shares of Walmart during the 3rd quarter worth approximately $26,000. Voisard Asset Management Group Inc. lifted its position in 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 during the last quarter. Hoese & Co LLP purchased a new stake in Walmart in the third quarter valued at $33,000. TruNorth Capital Management LLC grew its holdings in shares of Walmart by 138.3% during the second quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock worth $29,000 after purchasing an additional 249 shares during the last quarter. Finally, Cultivar Capital Inc. acquired a new stake in shares of Walmart during the second quarter worth about $29,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Activity at Walmart

In other news, major shareholder Alice L. Walton sold 2,375,563 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $76.96, for a total transaction of $182,823,328.48. Following the sale, the insider now owns 619,646,544 shares in the company, valued at $47,687,998,026.24. This trade represents a 0.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $80.64, for a total value of $2,348,559.36. Following the completion of the transaction, the chief executive officer now owns 3,873,053 shares of the company’s stock, valued at $312,322,993.92. The trade was a 0.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,337,337 shares of company stock valued at $958,823,647. 45.58% of the stock is owned by insiders.

Analysts Set New Price Targets

WMT has been the topic of a number of research reports. Roth Mkm raised their price target on Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Wells Fargo & Company upped their price target on shares of Walmart from $90.00 to $96.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Citigroup raised their price objective on shares of Walmart from $75.00 to $98.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. The Goldman Sachs Group upped their target price on shares of Walmart from $73.00 to $81.00 and gave the company a “buy” rating in a report on Friday, August 16th. Finally, Barclays raised their price target on Walmart from $78.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Two investment analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $91.88.

Walmart Stock Performance

Shares of WMT opened at $91.88 on Friday. Walmart Inc. has a 12-month low of $49.85 and a 12-month high of $92.25. The stock has a market cap of $738.55 billion, a P/E ratio of 37.71, a PEG ratio of 4.36 and a beta of 0.51. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.56. The company has a 50-day moving average of $83.08 and a two-hundred day moving average of $74.60.

Walmart (NYSE:WMT) last posted its 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. The firm had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. Walmart’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.51 EPS. As a group, research analysts predict that Walmart Inc. will post 2.47 EPS for the current fiscal year.

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.