Woodward Diversified Capital LLC Sells 6,255 Shares of Walmart Inc. (NYSE:WMT)

Woodward Diversified Capital LLC decreased its stake in Walmart Inc. (NYSE:WMT) by 33.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 12,722 shares of the retailer’s stock after selling 6,255 shares during the quarter. Walmart makes up about 0.8% of Woodward Diversified Capital LLC’s investment portfolio, making the stock its 25th biggest position. Woodward Diversified Capital LLC’s holdings in Walmart were worth $1,149,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in WMT. Peterson Financial Group Inc. bought a new position in shares of Walmart in the 3rd quarter valued at $26,000. Fiduciary Advisors Inc. acquired a new position in Walmart in the 4th quarter worth about $27,000. Voisard Asset Management Group Inc. raised 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 purchasing an additional 174 shares during the last quarter. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart during the fourth quarter valued at about $32,000. Finally, Livelsberger Financial Advisory bought a new stake in shares of Walmart during the third quarter worth about $36,000. Institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on WMT shares. Robert W. Baird raised their price objective on shares of Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. DZ Bank lowered shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target on the stock. in a report on Thursday, November 21st. TD Cowen increased their price objective on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Guggenheim lifted their target price on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Finally, Oppenheimer upped their price target on Walmart from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. Two investment 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $96.01.

Insider Buying and Selling at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction that occurred 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 transaction, the chief executive officer now owns 3,814,805 shares of the company’s stock, valued at $348,825,769.20. This trade represents a 0.76 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert Edward Jr. Moritz bought 5,446 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was acquired at an average price of $91.81 per share, for a total transaction of $499,997.26. Following the purchase, the director now directly owns 7,805 shares in the company, valued at approximately $716,577.05. The trade was a 230.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have sold 175,177 shares of company stock worth $16,403,728. Corporate insiders own 45.58% of the company’s stock.

Walmart Trading Down 1.6 %

NYSE:WMT opened at $101.17 on Monday. Walmart Inc. has a one year low of $55.85 and a one year high of $103.11. The company has a market cap of $812.73 billion, a PE ratio of 41.52, a PEG ratio of 4.25 and a beta of 0.55. 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 $94.07 and a 200-day moving average of $84.26.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The firm had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same period in the prior year, the business posted $0.51 earnings per share. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, equities research analysts expect that Walmart Inc. will post 2.48 EPS for the current fiscal year.

About Walmart

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.