Marshall Financial Group LLC reduced its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 8.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 47,187 shares of the retailer's stock after selling 4,448 shares during the quarter. Walmart accounts for 1.0% of Marshall Financial Group LLC's holdings, making the stock its 18th largest position. Marshall Financial Group LLC's holdings in Walmart were worth $4,263,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently bought and sold shares of the stock. Jennison Associates LLC increased its holdings in shares of Walmart by 479.6% during the 3rd quarter. Jennison Associates LLC now owns 18,479,259 shares of the retailer's stock valued at $1,492,200,000 after purchasing an additional 15,290,936 shares in the last quarter. FMR LLC increased its holdings in Walmart by 12.9% in the third quarter. FMR LLC now owns 63,135,639 shares of the retailer's stock valued at $5,098,203,000 after buying an additional 7,200,004 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Walmart by 8,814.4% in the third quarter. International Assets Investment Management LLC now owns 6,963,218 shares of the retailer's stock valued at $562,280,000 after buying an additional 6,885,106 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Walmart by 3.3% in the third 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 during the period. Finally, Fisher Asset Management LLC boosted its stake in shares of Walmart by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer's stock worth $3,848,533,000 after acquiring an additional 2,107,197 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.
NYSE WMT opened at $97.39 on Tuesday. Walmart Inc. has a 12 month low of $54.51 and a 12 month high of $97.46. The stock has a market capitalization of $782.38 billion, a P/E ratio of 39.97, a PEG ratio of 4.42 and a beta of 0.55. The firm's 50-day moving average is $92.02 and its two-hundred day moving average is $82.29. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23.
Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.53 by $0.05. The firm had revenue of $169.59 billion during the quarter, compared to analysts' expectations of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm's quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the company posted $0.51 EPS. On average, sell-side analysts anticipate that Walmart Inc. will post 2.48 earnings per share for the current year.
In related news, EVP Daniel J. Bartlett sold 1,830 shares of Walmart stock in a transaction that occurred on 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 in the company, valued at approximately $41,956,404.35. The trade was a 0.40 % decrease in their ownership of the stock. The sale 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 stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the sale, the chief executive officer now owns 3,814,805 shares in the company, valued at approximately $348,825,769.20. This trade represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 140,177 shares of company stock valued at $12,895,688. 45.58% of the stock is currently owned by corporate insiders.
Several brokerages recently weighed in on WMT. Wells Fargo & Company lifted their price target on Walmart from $96.00 to $100.00 and gave the company an "overweight" rating in a research note on Friday, January 10th. Tigress Financial upped their target price on Walmart from $86.00 to $115.00 and gave the stock a "buy" rating in a research note on Friday, December 13th. Stifel Nicolaus lifted their price target on shares of Walmart from $89.00 to $94.00 and gave the company a "hold" rating in a research note on Tuesday, December 10th. Evercore ISI upped their price objective on shares of Walmart from $94.00 to $96.00 and gave the stock an "outperform" rating in a research report on Tuesday, December 3rd. Finally, Jefferies Financial Group lifted their target price on shares of Walmart from $105.00 to $111.00 and gave the company a "buy" rating in a research report on Tuesday, December 17th. Two 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $94.69.
Get Our Latest Analysis on Walmart
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.
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