Fermata Advisors LLC Has $1.08 Million Stock Holdings in Walmart Inc. (NYSE:WMT)

Fermata Advisors LLC increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 32.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,983 shares of the retailer’s stock after acquiring an additional 2,946 shares during the period. Fermata Advisors LLC’s holdings in Walmart were worth $1,083,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Cypress Wealth Services LLC raised its stake in Walmart by 7.1% during the fourth quarter. Cypress Wealth Services LLC now owns 14,117 shares of the retailer’s stock worth $1,275,000 after acquiring an additional 931 shares in the last quarter. Capital Advisors Wealth Management LLC increased its position in shares of Walmart by 27.3% during the 4th quarter. Capital Advisors Wealth Management LLC now owns 7,689 shares of the retailer’s stock worth $695,000 after purchasing an additional 1,647 shares in the last quarter. JGP Wealth Management LLC lifted its holdings in Walmart by 0.7% during the 4th quarter. JGP Wealth Management LLC now owns 130,253 shares of the retailer’s stock valued at $11,768,000 after purchasing an additional 935 shares during the last quarter. Ritholtz Wealth Management boosted its position in Walmart by 5.6% in the fourth quarter. Ritholtz Wealth Management now owns 204,338 shares of the retailer’s stock valued at $18,462,000 after buying an additional 10,786 shares in the last quarter. Finally, Carnegie Investment Counsel grew its stake in Walmart by 0.5% during the fourth quarter. Carnegie Investment Counsel now owns 215,123 shares of the retailer’s stock worth $19,436,000 after buying an additional 964 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of research analyst reports. TD Cowen increased their price target on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Stifel Nicolaus raised their target price on Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a research note on Tuesday, December 10th. Melius Research initiated coverage on shares of Walmart in a research report on Monday, September 23rd. They set a “buy” rating and a $95.00 price target on the stock. Sanford C. Bernstein raised their price objective on shares of Walmart from $98.00 to $102.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. Finally, Tigress Financial upped their target price on shares of Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Two research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Walmart currently has an average rating of “Moderate Buy” and a consensus target price of $94.49.

Walmart Trading Down 0.0 %

WMT opened at $91.33 on Friday. The stock has a market capitalization of $733.70 billion, a P/E ratio of 37.48, a P/E/G ratio of 4.41 and a beta of 0.55. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 12 month low of $53.44 and a 12 month high of $96.18. The firm’s fifty day simple moving average is $90.86 and its 200 day simple moving average is $81.03.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share 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 company had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. During the same period in the prior year, the firm earned $0.51 earnings per share. Walmart’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, research analysts anticipate that Walmart Inc. will post 2.47 EPS for the current fiscal year.

Insider Activity

In related news, Director Robert Edward Jr. Moritz purchased 5,446 shares of the stock in a transaction on Wednesday, November 27th. The shares were purchased at an average price of $91.81 per share, with a total value of $499,997.26. Following the transaction, the director now directly owns 7,805 shares of the company’s stock, valued at $716,577.05. This trade represents a 230.86 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $82.79, for a total value of $2,411,175.96. Following the completion of the sale, the chief executive officer now directly owns 3,843,929 shares of the company’s stock, valued at approximately $318,238,881.91. The trade was a 0.75 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 138,347 shares of company stock worth $12,311,491 over the last ninety days. 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.