Davidson Investment Advisors Has $49.95 Million Stock Position in Walmart Inc. (NYSE:WMT)

Davidson Investment Advisors lowered its position in shares of Walmart Inc. (NYSE:WMT) by 15.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 552,797 shares of the retailer’s stock after selling 97,742 shares during the quarter. Walmart accounts for approximately 2.4% of Davidson Investment Advisors’ investment portfolio, making the stock its 6th largest position. Davidson Investment Advisors’ holdings in Walmart were worth $49,945,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of WMT. Peterson Financial Group Inc. bought a new position in Walmart during the third quarter valued at about $26,000. Fiduciary Advisors Inc. purchased a new stake in shares of Walmart during the fourth quarter valued at $27,000. Voisard Asset Management Group Inc. lifted its holdings in shares of Walmart by 77.3% during 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. purchased a new stake in shares of Walmart during the fourth quarter valued at $32,000. Finally, Livelsberger Financial Advisory purchased a new stake in shares of Walmart during the third quarter valued at $36,000. Institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

WMT has been the subject of several analyst reports. KeyCorp upped their target price on Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. Tigress Financial upped their target price on Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a report on Friday, December 13th. Jefferies Financial Group upped their target price on Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. JPMorgan Chase & Co. upped their target price on Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Finally, Stifel Nicolaus upped their target price on Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. Two investment analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $101.87.

Walmart Stock Performance

Shares of NYSE WMT opened at $103.73 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. The firm has a market cap of $833.31 billion, a price-to-earnings ratio of 42.57, a P/E/G ratio of 4.30 and a beta of 0.55. The business’s 50-day simple moving average is $95.38 and its 200-day simple moving average is $86.05. Walmart Inc. has a 52 week low of $57.60 and a 52 week high of $105.30.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The business 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%. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.51 EPS. As a group, equities research analysts expect that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

Insider Activity

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

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.