B & T Capital Management DBA Alpha Capital Management Sells 757 Shares of Walmart Inc. (NYSE:WMT)

B & T Capital Management DBA Alpha Capital Management lowered its holdings in Walmart Inc. (NYSE:WMT) by 1.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 64,893 shares of the retailer’s stock after selling 757 shares during the quarter. B & T Capital Management DBA Alpha Capital Management’s holdings in Walmart were worth $5,863,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in WMT. Dakota Community Bank & Trust NA raised its position in Walmart by 4.0% in the 4th quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer’s stock worth $260,000 after purchasing an additional 110 shares during the last quarter. Kozak & Associates Inc. increased its stake in shares of Walmart by 22.3% in the 4th quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock valued at $56,000 after buying an additional 113 shares during the period. Summit Financial Wealth Advisors LLC raised its position in shares of Walmart by 0.5% during the third quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock worth $1,915,000 after acquiring an additional 118 shares during the last quarter. Lowe Wealth Advisors LLC lifted its stake in shares of Walmart by 13.5% during the fourth quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer’s stock valued at $92,000 after acquiring an additional 121 shares during the period. Finally, Providence Wealth Advisors LLC boosted its holdings in Walmart by 0.3% in the third quarter. Providence Wealth Advisors LLC now owns 43,549 shares of the retailer’s stock valued at $3,591,000 after acquiring an additional 122 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 0.8 %

Shares of NYSE:WMT opened at $92.02 on Friday. The stock has a market capitalization of $739.19 billion, a PE ratio of 37.76, a price-to-earnings-growth ratio of 4.41 and a beta of 0.55. The company’s 50-day moving average price is $91.15 and its two-hundred day moving average price is $81.27. 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 Inc. has a one year low of $53.44 and a one year high of $96.18.

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on WMT shares. Sanford C. Bernstein upped their target price 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. Piper Sandler increased their price objective on shares of Walmart from $83.00 to $93.00 and gave the company an “overweight” rating in a report on Monday, November 18th. UBS Group lifted their target price on shares of Walmart from $92.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Truist Financial increased their price target on Walmart from $89.00 to $98.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, Jefferies Financial Group lifted their price objective on Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. 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 stock. Based on data from MarketBeat, Walmart currently has an average rating of “Moderate Buy” and a consensus target price of $94.49.

Insider Activity at Walmart

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated 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 completion of the transaction, the executive vice president now owns 566,794 shares of the company’s stock, valued at $52,485,124.40. This trade represents a 2.26 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total transaction of $166,658.10. Following the transaction, the executive vice president now owns 460,705 shares in the company, valued at $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 140,177 shares of company stock valued at $12,478,149. 45.58% of the stock is owned by corporate insiders.

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.