Uncommon Cents Investing LLC Decreases Stake in Walmart Inc. (NYSE:WMT)

Uncommon Cents Investing LLC trimmed its position in shares of Walmart Inc. (NYSE:WMT) by 2.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,571 shares of the retailer’s stock after selling 660 shares during the period. Uncommon Cents Investing LLC’s holdings in Walmart were worth $2,039,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Strong Tower Advisory Services increased its holdings in Walmart by 3.4% in the fourth quarter. Strong Tower Advisory Services now owns 30,037 shares of the retailer’s stock valued at $2,714,000 after buying an additional 992 shares during the last quarter. Wealth Management Partners LLC boosted its position in shares of Walmart by 5.8% during the 4th quarter. Wealth Management Partners LLC now owns 15,506 shares of the retailer’s stock worth $1,401,000 after acquiring an additional 846 shares in the last quarter. Access Financial Services Inc. purchased a new position in shares of Walmart in the 4th quarter valued at about $264,000. M.E. Allison & CO. Inc. acquired a new stake in shares of Walmart during the 4th quarter worth about $490,000. Finally, FOCUS Wealth Advisors LLC lifted its stake in Walmart by 733.1% during the fourth quarter. FOCUS Wealth Advisors LLC now owns 21,960 shares of the retailer’s stock worth $1,984,000 after purchasing an additional 19,324 shares during the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the transaction, the executive vice president now owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. The trade was a 0.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $82.79, for a total transaction of $2,411,175.96. Following the sale, the chief executive officer now directly owns 3,843,929 shares in the company, valued at $318,238,881.91. This represents a 0.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 140,177 shares of company stock worth $12,478,149 in the last ninety days. Insiders own 45.58% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on WMT shares. Tigress Financial increased their price target on shares of Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, December 13th. Redburn Atlantic upgraded shares of Walmart to a “strong-buy” rating in a research note on Monday, September 23rd. Sanford C. Bernstein boosted their price target 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. Truist Financial raised their price objective on Walmart from $89.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Finally, Morgan Stanley boosted their target price on Walmart from $89.00 to $100.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Two 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.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $94.49.

Walmart Trading Up 0.8 %

Shares of WMT stock opened at $92.02 on Tuesday. The stock has a market cap of $739.19 billion, a P/E ratio of 37.76, a P/E/G ratio of 4.41 and a beta of 0.55. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. Walmart Inc. has a fifty-two week low of $53.44 and a fifty-two week high of $96.18. The business has a fifty day simple moving average of $91.15 and a 200-day simple moving average of $81.46.

Walmart (NYSE:WMT) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same period last year, the firm posted $0.51 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, analysts forecast that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

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.