Cahill Financial Advisors Inc. Acquires 150 Shares of Walmart Inc. (NYSE:WMT)

Cahill Financial Advisors Inc. raised its holdings in Walmart Inc. (NYSE:WMT) by 4.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,681 shares of the retailer’s stock after buying an additional 150 shares during the period. Cahill Financial Advisors Inc.’s holdings in Walmart were worth $297,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in WMT. EntryPoint Capital LLC acquired a new stake in shares of Walmart during the first quarter worth $25,000. Peterson Financial Group Inc. bought a new position in Walmart in the third quarter valued at about $26,000. TruNorth Capital Management LLC raised its stake in shares of Walmart by 138.3% during the second quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer’s stock valued at $29,000 after acquiring an additional 249 shares during the last quarter. Cultivar Capital Inc. acquired a new position in shares of Walmart in the second quarter worth approximately $29,000. Finally, FSA Wealth Management LLC boosted its position in Walmart by 253.0% during the first quarter. FSA Wealth Management LLC now owns 526 shares of the retailer’s stock valued at $32,000 after acquiring an additional 377 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Stock Up 2.3 %

Shares of NYSE WMT opened at $90.44 on Monday. Walmart Inc. has a 1 year low of $49.85 and a 1 year high of $90.91. The company has a market capitalization of $726.98 billion, a P/E ratio of 37.12, a P/E/G ratio of 4.29 and a beta of 0.51. The company has a 50 day simple moving average of $82.12 and a 200-day simple moving average of $73.94. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.85 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The company had revenue of $169.59 billion for the quarter, compared to the consensus estimate of $167.69 billion. During the same quarter in the previous year, the business earned $0.51 earnings per share. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, equities research analysts predict that Walmart Inc. will post 2.47 earnings per share for the current year.

Insider Buying and Selling at Walmart

In related news, major shareholder Alice L. Walton sold 2,709,163 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $77.37, for a total value of $209,607,941.31. Following the completion of the sale, the insider now owns 630,501,148 shares in the company, valued at $48,781,873,820.76. This trade represents a 0.43 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder S Robson Walton sold 4,057,369 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $77.20, for a total value of $313,228,886.80. Following the transaction, the insider now owns 611,988,318 shares in the company, valued at $47,245,498,149.60. The trade was a 0.66 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,337,337 shares of company stock worth $958,823,647 over the last ninety days. Corporate insiders own 45.58% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Robert W. Baird upped their price objective on shares of Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Evercore ISI raised their target price on Walmart from $66.00 to $89.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. KeyCorp upped their price target on Walmart from $88.00 to $96.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. TD Cowen lifted their price objective on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Finally, Guggenheim upped their price objective on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Two analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $91.88.

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.