Fidelity D & D Bancorp Inc. Buys 330 Shares of Walmart Inc. (NYSE:WMT)

Fidelity D & D Bancorp Inc. lifted its stake in Walmart Inc. (NYSE:WMT) by 5.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,243 shares of the retailer’s stock after buying an additional 330 shares during the quarter. Fidelity D & D Bancorp Inc.’s holdings in Walmart were worth $504,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Peterson Financial Group Inc. bought a new stake in Walmart during the 3rd quarter worth approximately $26,000. Cultivar Capital Inc. purchased a new stake in shares of Walmart in the second quarter worth $29,000. Voisard Asset Management Group Inc. raised its position in shares of Walmart by 77.3% during the 3rd 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 during the period. Hoese & Co LLP purchased a new position in shares of Walmart during the 3rd quarter valued at $33,000. Finally, Livelsberger Financial Advisory bought a new position in Walmart in the 3rd quarter worth $36,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Trading Down 0.0 %

Shares of WMT traded down $0.01 during mid-day trading on Friday, reaching $93.87. The stock had a trading volume of 945,278 shares, compared to its average volume of 16,851,256. Walmart Inc. has a 52-week low of $50.51 and a 52-week high of $96.18. The firm has a market cap of $754.09 billion, a price-to-earnings ratio of 38.63, a P/E/G ratio of 4.51 and a beta of 0.54. The business’s fifty day moving average is $85.83 and its 200 day moving average is $76.74. 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) last announced its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The business had revenue of $169.59 billion during the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter last year, the firm earned $0.51 EPS. The business’s revenue was up 5.5% compared to the same quarter last year. On average, sell-side analysts predict that Walmart Inc. will post 2.47 EPS for the current fiscal year.

Analyst Ratings Changes

WMT has been the topic of a number of recent analyst reports. Bank of America raised their price target on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Redburn Atlantic raised Walmart to a “strong-buy” rating in a report on Monday, September 23rd. DZ Bank downgraded Walmart from a “buy” rating to a “hold” rating and set a $91.00 price target for the company. in a research note on Thursday, November 21st. Evercore ISI lifted their price objective on shares of Walmart from $94.00 to $96.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. Finally, DA Davidson upped their target price on shares of Walmart from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Friday, August 16th. Two 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.com, Walmart has an average rating of “Moderate Buy” and an average price target of $93.33.

Insiders Place Their Bets

In other Walmart news, EVP John D. Rainey sold 3,000 shares of Walmart stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $92.47, for a total transaction of $277,410.00. Following the completion of the sale, the executive vice president now directly owns 375,165 shares in the company, valued at $34,691,507.55. This trade represents a 0.79 % 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 Daniel J. Bartlett sold 2,063 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $80.76, for a total transaction of $166,607.88. Following the completion of the transaction, the executive vice president now owns 459,558 shares in the company, valued at approximately $37,113,904.08. This represents a 0.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,309,091 shares of company stock valued at $183,375,539 over the last quarter. 45.58% of the stock is owned by 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.