Brady Family Wealth LLC Sells 482 Shares of Walmart Inc. (NYSE:WMT)

Brady Family Wealth LLC trimmed its holdings in shares of Walmart Inc. (NYSE:WMT) by 2.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,944 shares of the retailer’s stock after selling 482 shares during the quarter. Brady Family Wealth LLC’s holdings in Walmart were worth $1,802,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Jennison Associates LLC boosted its position in shares of Walmart by 479.6% during the third quarter. Jennison Associates LLC now owns 18,479,259 shares of the retailer’s stock worth $1,492,200,000 after buying an additional 15,290,936 shares during the period. FMR LLC lifted its stake in Walmart by 12.9% in the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer’s stock valued at $5,098,203,000 after acquiring an additional 7,200,004 shares in the last quarter. International Assets Investment Management LLC boosted its position in Walmart by 8,814.4% during the 3rd quarter. International Assets Investment Management LLC now owns 6,963,218 shares of the retailer’s stock worth $562,280,000 after acquiring an additional 6,885,106 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Walmart by 3.3% during the 3rd quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer’s stock worth $7,048,465,000 after acquiring an additional 2,786,061 shares in the last quarter. Finally, Fisher Asset Management LLC raised its holdings in shares of Walmart by 4.6% in the third quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after purchasing an additional 2,107,197 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $92.60, for a total value of $1,215,375.00. Following the sale, the executive vice president now directly owns 566,794 shares in the company, valued at approximately $52,485,124.40. This trade represents a 2.26 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $92.35, for a total transaction of $2,689,601.40. Following the transaction, the chief executive officer now owns 3,785,702 shares of the company’s stock, valued at approximately $349,609,579.70. This represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 138,347 shares of company stock worth $12,311,491 over the last 90 days. Insiders own 45.58% of the company’s stock.

Walmart Price Performance

Shares of NYSE:WMT opened at $91.33 on Friday. The firm has a 50 day moving average of $90.86 and a 200-day moving average of $81.03. Walmart Inc. has a 12 month low of $53.44 and a 12 month high of $96.18. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $733.70 billion, a PE ratio of 37.48, a PEG ratio of 4.41 and a beta of 0.55.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS 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 business had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same period in the previous year, the business earned $0.51 earnings per share. The company’s revenue was up 5.5% on a year-over-year basis. On average, equities research analysts predict that Walmart Inc. will post 2.47 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on WMT. Citigroup raised 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. Robert W. Baird lifted their target price on Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. Guggenheim increased their price target on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Tigress Financial boosted their price target on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Finally, Stifel Nicolaus increased their price objective on Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. Two analysts have rated the stock with a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $94.49.

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.