Capital Investment Advisors LLC Has $11.60 Million Stake in Walmart Inc. (NYSE:WMT)

Capital Investment Advisors LLC increased its holdings in Walmart Inc. (NYSE:WMT) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,402 shares of the retailer’s stock after buying an additional 1,667 shares during the period. Capital Investment Advisors LLC’s holdings in Walmart were worth $11,601,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in WMT. Peterson Financial Group Inc. acquired a new stake in shares of Walmart in the 3rd quarter valued at $26,000. Voisard Asset Management Group Inc. increased its stake in Walmart by 77.3% in the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after purchasing an additional 174 shares in the last quarter. Hoese & Co LLP acquired a new position in shares of Walmart during the third quarter valued at about $33,000. Livelsberger Financial Advisory bought a new position in shares of Walmart during the 3rd quarter worth about $36,000. Finally, Hara Capital LLC bought a new stake in Walmart in the 3rd quarter valued at about $37,000. Institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

NYSE WMT traded down $1.38 on Monday, reaching $91.62. The company had a trading volume of 4,579,766 shares, compared to its average volume of 12,410,775. The firm’s 50 day moving average price is $90.38 and its 200 day moving average price is $80.63. Walmart Inc. has a 12 month low of $53.44 and a 12 month high of $96.18. The stock has a market capitalization of $736.02 billion, a PE ratio of 37.60, a price-to-earnings-growth ratio of 4.47 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 (NYSE:WMT) last issued its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The business 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 business’s revenue was up 5.5% on a year-over-year basis. During the same period last year, the company posted $0.51 EPS. As a group, equities analysts predict that Walmart Inc. will post 2.47 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on WMT. Stifel Nicolaus raised their target price on Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. Robert W. Baird raised their price objective on Walmart from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Redburn Atlantic upgraded shares of Walmart to a “strong-buy” rating in a research note on Monday, September 23rd. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. Finally, Oppenheimer upped their target price on Walmart from $81.00 to $90.00 and gave the company an “outperform” rating in a report on Monday, October 14th. Two research 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $94.08.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $92.35, for a total value of $2,689,601.40. Following the completion of the sale, the chief executive officer now directly owns 3,785,702 shares in the company, valued at $349,609,579.70. This trade represents a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $92.60, for a total value of $1,215,375.00. Following the transaction, the executive vice president now directly owns 566,794 shares in the company, valued at approximately $52,485,124.40. The trade was a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 140,412 shares of company stock worth $12,478,116. Insiders own 45.58% of the company’s stock.

About 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.