DGS Capital Management LLC Has $2.02 Million Stock Position in Walmart Inc. (NYSE:WMT)

DGS Capital Management LLC raised its stake in Walmart Inc. (NYSE:WMT) by 14.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,381 shares of the retailer’s stock after acquiring an additional 2,801 shares during the quarter. DGS Capital Management LLC’s holdings in Walmart were worth $2,022,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of WMT. Firethorn Wealth Partners LLC lifted its stake in shares of Walmart by 3.0% during the fourth quarter. Firethorn Wealth Partners LLC now owns 10,416 shares of the retailer’s stock valued at $941,000 after acquiring an additional 301 shares during the period. AM Investment Strategies LLC grew its position in shares of Walmart by 0.9% during the 4th quarter. AM Investment Strategies LLC now owns 22,316 shares of the retailer’s stock worth $2,016,000 after buying an additional 200 shares during the period. Pflug Koory LLC raised its stake in shares of Walmart by 293.5% during the fourth quarter. Pflug Koory LLC now owns 10,364 shares of the retailer’s stock worth $936,000 after buying an additional 7,730 shares during the last quarter. Vishria Bird Financial Group LLC lifted its holdings in Walmart by 10.9% in the fourth quarter. Vishria Bird Financial Group LLC now owns 6,899 shares of the retailer’s stock valued at $623,000 after buying an additional 677 shares during the period. Finally, PCG Wealth Advisors LLC boosted its stake in Walmart by 4.5% in the fourth quarter. PCG Wealth Advisors LLC now owns 2,919 shares of the retailer’s stock valued at $264,000 after acquiring an additional 126 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Insider Activity at Walmart

In other news, EVP John D. Rainey sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $82.12, for a total value of $246,360.00. Following the completion of the sale, the executive vice president now directly owns 378,165 shares of the company’s stock, valued at $31,054,909.80. This trade represents a 0.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Robert Edward Jr. Moritz bought 5,446 shares of Walmart stock in a transaction dated Wednesday, November 27th. The shares were acquired at an average price of $91.81 per share, with a total value of $499,997.26. Following the completion of the purchase, the director now directly owns 7,805 shares in the company, valued at $716,577.05. This trade represents a 230.86 % increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 140,177 shares of company stock worth $12,895,688. Insiders own 45.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Piper Sandler increased their price target on Walmart from $83.00 to $93.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Truist Financial raised their target price on Walmart from $89.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Guggenheim upped their price target on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Royal Bank of Canada reissued an “outperform” rating and set a $105.00 price objective on shares of Walmart in a research note on Wednesday, January 15th. Finally, 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 note on Wednesday, November 20th. Two equities research 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $94.69.

Walmart Stock Up 1.1 %

NYSE:WMT opened at $94.84 on Monday. The firm has a market capitalization of $761.90 billion, a price-to-earnings ratio of 38.92, a price-to-earnings-growth ratio of 4.42 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 twelve month low of $53.47 and a twelve month high of $96.18. The stock’s 50 day moving average price is $92.02 and its two-hundred day moving average price is $82.21.

Walmart (NYSE:WMT) last posted its quarterly 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. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The firm had revenue of $169.59 billion for the quarter, compared to analyst estimates of $167.69 billion. During the same period in the prior year, the firm posted $0.51 earnings per share. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. Equities research analysts expect that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

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.