Yousif Capital Management LLC Has $55.03 Million Stake in Walmart Inc. (NYSE:WMT)

Yousif Capital Management LLC reduced its position in shares of Walmart Inc. (NYSE:WMT) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 609,033 shares of the retailer’s stock after selling 30,598 shares during the quarter. Walmart accounts for approximately 0.6% of Yousif Capital Management LLC’s investment portfolio, making the stock its 16th biggest holding. Yousif Capital Management LLC’s holdings in Walmart were worth $55,026,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Daymark Wealth Partners LLC raised its stake in Walmart by 4.2% in the third quarter. Daymark Wealth Partners LLC now owns 149,659 shares of the retailer’s stock valued at $12,085,000 after buying an additional 6,023 shares during the period. CWM LLC increased its holdings in shares of Walmart by 1.8% in the third quarter. CWM LLC now owns 931,526 shares of the retailer’s stock valued at $75,221,000 after purchasing an additional 16,749 shares during the last quarter. Abner Herrman & Brock LLC raised its position in shares of Walmart by 1.0% in the third quarter. Abner Herrman & Brock LLC now owns 206,455 shares of the retailer’s stock valued at $16,671,000 after purchasing an additional 2,098 shares during the period. Marcum Wealth LLC lifted its stake in shares of Walmart by 1.2% during the 3rd quarter. Marcum Wealth LLC now owns 25,536 shares of the retailer’s stock worth $2,062,000 after buying an additional 297 shares during the last quarter. Finally, Wedmont Private Capital grew its stake in Walmart by 4.3% in the 3rd quarter. Wedmont Private Capital now owns 55,842 shares of the retailer’s stock valued at $4,417,000 after buying an additional 2,320 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Performance

NYSE:WMT opened at $102.86 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. Walmart Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $103.02. The company has a 50 day simple moving average of $93.67 and a two-hundred day simple moving average of $83.82. The company has a market capitalization of $826.30 billion, a PE ratio of 42.21, a P/E/G ratio of 4.49 and a beta of 0.55.

Walmart (NYSE:WMT) last announced its earnings results 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 business had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. Walmart’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.51 earnings per share. Research analysts anticipate that Walmart Inc. will post 2.48 earnings per share for the current year.

Insider Activity

In other news, Director Robert Edward Jr. Moritz bought 5,446 shares of Walmart stock in a transaction dated Wednesday, November 27th. The stock was bought at an average cost of $91.81 per share, for a total transaction of $499,997.26. Following the purchase, the director now directly owns 7,805 shares in the company, valued at approximately $716,577.05. This represents a 230.86 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 value of $2,663,098.56. Following the completion of the transaction, the chief executive officer now owns 3,814,805 shares in the company, valued at approximately $348,825,769.20. The trade was a 0.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 175,177 shares of company stock valued at $16,403,728 in the last ninety days. 45.58% of the stock is owned by company insiders.

Analysts Set New Price Targets

WMT has been the subject of a number of research analyst reports. KeyCorp boosted their price objective on Walmart from $96.00 to $100.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. Stifel Nicolaus upped 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. DZ Bank cut shares of Walmart from a “buy” rating to a “hold” rating and set a $91.00 target price for the company. in a research report on Thursday, November 21st. Tigress Financial raised their price target on shares of Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Finally, BMO Capital Markets boosted their price objective on shares of Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Two investment analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $96.01.

Walmart 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.