3,934 Shares in Walmart Inc. (NYSE:WMT) Bought by Alternative Investment Advisors LLC.

Alternative Investment Advisors LLC. purchased a new stake in Walmart Inc. (NYSE:WMT) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 3,934 shares of the retailer’s stock, valued at approximately $318,000.

Other large investors have also made changes to their positions in the company. Peterson Financial Group Inc. acquired a new stake in shares of Walmart in the third quarter worth $26,000. Cultivar Capital Inc. acquired a new stake in Walmart in the 2nd quarter worth $29,000. Voisard Asset Management Group Inc. increased its holdings in shares of Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock worth $32,000 after purchasing an additional 174 shares during the period. Hoese & Co LLP acquired a new position in shares of Walmart during the third quarter valued at about $33,000. Finally, Livelsberger Financial Advisory bought a new stake in shares of Walmart in the third quarter valued at about $36,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Up 0.4 %

NYSE:WMT traded up $0.40 on Friday, hitting $94.28. 2,460,393 shares of the company’s stock were exchanged, compared to its average volume of 16,858,213. The firm has a 50-day moving average price of $85.83 and a 200-day moving average price of $76.74. Walmart Inc. has a 52 week low of $50.51 and a 52 week high of $96.18. 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 company has a market cap of $757.39 billion, a P/E ratio of 38.63, a price-to-earnings-growth ratio of 4.51 and a beta of 0.54.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The firm had revenue of $169.59 billion during 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 company earned $0.51 earnings per share. As a group, analysts expect that Walmart Inc. will post 2.47 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, major shareholder S Robson Walton sold 1,804,000 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $79.18, for a total value of $142,840,720.00. Following the completion of the sale, the insider now directly owns 605,979,318 shares in the company, valued at approximately $47,981,442,399.24. This trade represents a 0.30 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Daniel J. Bartlett sold 2,063 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $80.76, for a total value of $166,607.88. Following the transaction, the executive vice president now directly owns 459,558 shares in the company, valued at approximately $37,113,904.08. This trade represents a 0.45 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,309,091 shares of company stock valued at $183,375,539. 45.58% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on WMT shares. The Goldman Sachs Group upped their target price on Walmart from $73.00 to $81.00 and gave the company a “buy” rating in a research note on Friday, August 16th. KeyCorp increased their price objective on shares of Walmart from $96.00 to $100.00 and gave the company an “overweight” rating in a research note on Wednesday. Citigroup lifted their target price on shares of Walmart from $75.00 to $98.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Roth Mkm raised their price target on shares of Walmart from $81.00 to $97.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Finally, Guggenheim upped their price objective on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Two investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $93.33.

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.