Campbell Wealth Management Purchases New Shares in Walmart Inc. (NYSE:WMT)

Campbell Wealth Management bought a new position in Walmart Inc. (NYSE:WMT - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 3,977 shares of the retailer's stock, valued at approximately $359,000.

A number of other institutional investors and hedge funds also recently modified their holdings of WMT. Geode Capital Management LLC increased its stake in shares of Walmart by 3.3% during the 3rd quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer's stock worth $7,048,465,000 after purchasing an additional 2,786,061 shares during the last quarter. FMR LLC lifted its position in shares of Walmart by 12.9% during the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer's stock valued at $5,098,203,000 after buying an additional 7,200,004 shares during the last quarter. Fisher Asset Management LLC raised its stake 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 acquiring an additional 2,107,197 shares during the period. Franklin Resources Inc. boosted its position in Walmart by 3.7% during the third quarter. Franklin Resources Inc. now owns 41,501,782 shares of the retailer's stock worth $3,392,658,000 after purchasing an additional 1,480,927 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Walmart by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,236,769 shares of the retailer's stock worth $2,522,369,000 after purchasing an additional 350,881 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Trading Down 0.3 %

WMT stock traded down $0.31 during trading on Tuesday, hitting $103.73. 18,169,760 shares of the company traded hands, compared to its average volume of 14,889,558. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.23 and a current ratio of 0.85. The company has a 50-day moving average of $95.20 and a 200-day moving average of $85.80. The firm has a market capitalization of $833.31 billion, a PE ratio of 42.57, a P/E/G ratio of 4.25 and a beta of 0.55. Walmart Inc. has a 1 year low of $57.60 and a 1 year high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. The company had revenue of $169.59 billion for 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%. The firm's revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.51 earnings per share. Analysts predict that Walmart Inc. will post 2.48 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Walmart news, EVP John D. Rainey sold 38,000 shares of the business's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the transaction, the executive vice president now directly owns 257,281 shares of the company's stock, valued at approximately $25,419,362.80. The trade was a 12.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the completion of the sale, the chief executive officer now directly owns 3,814,805 shares of the company's stock, valued at approximately $348,825,769.20. This represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 175,177 shares of company stock valued at $16,403,728 in the last quarter. Insiders own 45.58% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on WMT shares. Telsey Advisory Group boosted their target price on shares of Walmart from $105.00 to $115.00 and gave the company an "outperform" rating in a report on Wednesday, February 12th. BMO Capital Markets increased their price target on shares of Walmart from $80.00 to $100.00 and gave the stock an "outperform" rating in a report on Monday, November 18th. DZ Bank cut shares of Walmart from a "buy" rating to a "hold" rating and set a $91.00 price objective for the company. in a research note on Thursday, November 21st. StockNews.com cut shares of Walmart from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, November 20th. Finally, Oppenheimer boosted their price target on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Wednesday, February 5th. Two investment 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. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $101.87.

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.