Hudson Capital Management LLC Has $5.67 Million Stake in Walmart Inc. (NYSE:WMT)

Hudson Capital Management LLC lowered its holdings in Walmart Inc. (NYSE:WMT) by 12.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 62,768 shares of the retailer’s stock after selling 9,154 shares during the quarter. Walmart accounts for about 1.8% of Hudson Capital Management LLC’s investment portfolio, making the stock its 17th largest position. Hudson Capital Management LLC’s holdings in Walmart were worth $5,671,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brophy Wealth Management LLC acquired a new stake in Walmart in the 3rd quarter valued at approximately $2,072,000. Bank of New Hampshire grew its holdings in Walmart by 13.7% in the 4th quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock valued at $4,332,000 after buying an additional 5,786 shares during the last quarter. Iowa State Bank grew its holdings in Walmart by 213.8% in the 4th quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock valued at $2,422,000 after buying an additional 18,263 shares during the last quarter. Fisher Asset Management LLC grew its holdings in Walmart by 4.6% in the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after buying an additional 2,107,197 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in Walmart in the 3rd quarter valued at approximately $541,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Up 0.6 %

NYSE WMT opened at $93.75 on Friday. The stock has a fifty day moving average of $91.62 and a 200-day moving average of $81.87. The stock has a market capitalization of $753.12 billion, a P/E ratio of 38.47, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55. Walmart Inc. has a 52 week low of $53.44 and a 52 week high of $96.18. 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 (NYSE:WMT) last released its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.53 by $0.05. The company had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the firm earned $0.51 EPS. On average, equities research analysts forecast that Walmart Inc. will post 2.48 EPS for the current year.

Insider Activity

In other news, EVP Daniel J. Bartlett sold 1,830 shares of Walmart stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the sale, the executive vice president now directly owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This trade represents a 0.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John D. Rainey sold 3,000 shares of Walmart stock in a transaction 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 sale, the executive vice president now directly owns 378,165 shares of the company’s stock, valued at approximately $31,054,909.80. This trade represents a 0.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 97,928 shares of company stock valued at $8,978,123. Company insiders own 45.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on WMT shares. Citigroup raised their target price on Walmart from $75.00 to $98.00 and gave the company a “buy” rating in a report on Friday, September 27th. UBS Group lifted their price objective on Walmart from $92.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Telsey Advisory Group lifted their price objective on Walmart from $92.00 to $100.00 and gave the stock an “outperform” rating in a report on Tuesday, November 19th. Stifel Nicolaus lifted their price objective on Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a report on Tuesday, December 10th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $105.00 price objective on shares of Walmart in a report on Wednesday, January 15th. Two investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $94.69.

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.