Linden Thomas Advisory Services LLC Has $3.61 Million Stock Position in Walmart Inc. (NYSE:WMT)

Linden Thomas Advisory Services LLC raised its position in Walmart Inc. (NYSE:WMT) by 14.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 39,927 shares of the retailer’s stock after acquiring an additional 5,029 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Walmart were worth $3,607,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Bancorp boosted its position in shares of Walmart by 0.9% during the fourth quarter. Fifth Third Bancorp now owns 2,550,517 shares of the retailer’s stock valued at $230,439,000 after buying an additional 22,989 shares during the last quarter. DGS Capital Management LLC lifted its holdings in Walmart by 14.3% during the fourth quarter. DGS Capital Management LLC now owns 22,381 shares of the retailer’s stock worth $2,022,000 after acquiring an additional 2,801 shares during the period. Firethorn Wealth Partners LLC lifted its holdings in Walmart by 3.0% during the fourth quarter. Firethorn Wealth Partners LLC now owns 10,416 shares of the retailer’s stock worth $941,000 after acquiring an additional 301 shares during the period. AM Investment Strategies LLC raised its stake in shares of Walmart by 0.9% in the fourth quarter. AM Investment Strategies LLC now owns 22,316 shares of the retailer’s stock valued at $2,016,000 after buying an additional 200 shares during the period. Finally, Pflug Koory LLC raised its stake in shares of Walmart by 293.5% in the fourth quarter. Pflug Koory LLC now owns 10,364 shares of the retailer’s stock valued at $936,000 after buying an additional 7,730 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on WMT shares. Bank of America lifted their price target on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Oppenheimer upped their price objective on Walmart from $81.00 to $90.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. BMO Capital Markets upped their price objective on Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Sanford C. Bernstein upped their price objective on Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Finally, DZ Bank cut Walmart from a “buy” rating to a “hold” rating and set a $91.00 price objective for the company. in a report on Thursday, November 21st. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $94.69.

Walmart Stock Performance

Shares of WMT opened at $94.84 on Monday. The business’s fifty day simple moving average is $92.02 and its two-hundred day simple moving average is $82.21. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. Walmart Inc. has a 12 month low of $53.47 and a 12 month high of $96.18. The company has a market cap of $761.90 billion, a price-to-earnings ratio of 38.92, a P/E/G ratio of 4.42 and a beta of 0.55.

Walmart (NYSE:WMT) last released its quarterly earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.05. The firm had revenue of $169.59 billion for 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 company’s revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.51 EPS. Research analysts anticipate that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $92.96, for a total transaction of $1,220,100.00. Following the transaction, the executive vice president now directly owns 568,626 shares of the company’s stock, valued at $52,859,472.96. This represents a 2.26 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Daniel J. Bartlett sold 1,830 shares of the stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the transaction, the executive vice president now directly owns 460,705 shares in the company, valued at $41,956,404.35. The trade was a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 140,177 shares of company stock valued at $12,895,688 in the last ninety days. 45.58% of the stock is currently owned by company 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.