18,602 Shares in Walmart Inc. (NYSE:WMT) Purchased by Advyzon Investment Management LLC

Advyzon Investment Management LLC bought a new stake in shares of Walmart Inc. (NYSE:WMT) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 18,602 shares of the retailer’s stock, valued at approximately $1,681,000. Walmart accounts for 0.6% of Advyzon Investment Management LLC’s holdings, making the stock its 29th largest position.

A number of other large investors also recently added to or reduced their stakes in the business. Peterson Financial Group Inc. purchased a new position in shares of Walmart during the third quarter valued at about $26,000. Fiduciary Advisors Inc. bought a new position in Walmart during the fourth quarter valued at approximately $27,000. Voisard Asset Management Group Inc. increased its stake in Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after acquiring an additional 174 shares during the last quarter. Decker Retirement Planning Inc. purchased a new stake in shares of Walmart during the 4th quarter worth approximately $32,000. Finally, Hara Capital LLC purchased a new stake in shares of Walmart during the 3rd quarter worth approximately $37,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Price Performance

NYSE WMT opened at $103.90 on Thursday. The company has a market cap of $834.69 billion, a PE ratio of 42.64, a P/E/G ratio of 4.39 and a beta of 0.55. Walmart Inc. has a 52-week low of $57.60 and a 52-week high of $105.30. 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’s 50 day moving average price is $95.56 and its 200-day moving average price is $86.17.

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. The business had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The business’s revenue was up 5.5% compared to the same quarter last year. During the same period last year, the business posted $0.51 EPS. Sell-side analysts forecast that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Truist Financial boosted their price target on shares of Walmart from $98.00 to $111.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. UBS Group upped their target price on shares of Walmart from $100.00 to $113.00 and gave the company a “buy” rating in a research report on Friday, January 31st. Evercore ISI lifted their price target on Walmart from $94.00 to $96.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. Stifel Nicolaus upped their price objective on Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a research report on Tuesday, December 10th. Finally, Robert W. Baird raised their price objective on Walmart from $100.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday. Two investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $101.87.

Insider Activity at Walmart

In related news, SVP David Chojnowski sold 5,600 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total transaction of $512,120.00. Following the completion of the sale, the senior vice president now owns 87,404 shares of the company’s stock, valued at $7,993,095.80. This represents a 6.02 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,830 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the completion of the sale, the executive vice president now owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This trade represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 175,177 shares of company stock valued at $16,403,728 over the last quarter. 45.58% of the stock is owned by corporate 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.