Compton Wealth Advisory Group LLC Grows Holdings in Walmart Inc. (NYSE:WMT)

by · The Markets Daily

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Compton Wealth Advisory Group LLC grew its stake in Walmart Inc. (NYSE:WMT – Free Report) by 6.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,015 shares of the retailer’s stock after buying an additional 470 shares during the period. Compton Wealth Advisory Group LLC’s holdings in Walmart were worth $1,282,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in WMT. Strategic Financial Concepts LLC increased its stake in shares of Walmart by 1.0% in the 2nd quarter. Strategic Financial Concepts LLC now owns 6,074 shares of the retailer’s stock worth $955,000 after acquiring an additional 62 shares in the last quarter. Signature Wealth Management Group increased its stake in shares of Walmart by 1.9% in the 2nd quarter. Signature Wealth Management Group now owns 3,436 shares of the retailer’s stock worth $540,000 after acquiring an additional 65 shares in the last quarter. Carmel Capital Partners LLC increased its stake in shares of Walmart by 3.7% in the 2nd quarter. Carmel Capital Partners LLC now owns 1,818 shares of the retailer’s stock worth $286,000 after acquiring an additional 65 shares in the last quarter. Verdence Capital Advisors LLC increased its stake in shares of Walmart by 1.1% in the 2nd quarter. Verdence Capital Advisors LLC now owns 5,976 shares of the retailer’s stock worth $939,000 after acquiring an additional 65 shares in the last quarter. Finally, RB Capital Management LLC increased its stake in shares of Walmart by 0.7% in the 2nd quarter. RB Capital Management LLC now owns 9,770 shares of the retailer’s stock worth $1,536,000 after acquiring an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 33.18% of the company’s stock.

Analysts Set New Price Targets

WMT has been the topic of several recent analyst reports. Evercore ISI cut their price objective on shares of Walmart from $187.00 to $177.00 and set an “outperform” rating on the stock in a research report on Friday, November 17th. TD Cowen reissued an “outperform” rating and set a $185.00 price objective on shares of Walmart in a research report on Tuesday, September 5th. Stifel Nicolaus increased their price objective on shares of Walmart from $169.00 to $171.00 and gave the company a “hold” rating in a research report on Monday, November 13th. Jefferies Financial Group increased their price objective on shares of Walmart from $190.00 to $195.00 and gave the company a “buy” rating in a research report on Tuesday, November 14th. Finally, Stephens increased their price objective on shares of Walmart from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, November 13th. Four equities research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. According to MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average price target of $179.44.

Check Out Our Latest Report on WMT

Walmart Stock Performance

WMT opened at $153.72 on Thursday. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.49. The company has a market cap of $413.85 billion, a price-to-earnings ratio of 25.49, a PEG ratio of 3.29 and a beta of 0.48. The company’s 50 day moving average is $158.94 and its 200 day moving average is $158.58. Walmart Inc. has a 12-month low of $136.09 and a 12-month high of $169.94.

Walmart (NYSE:WMT – Get Free Report) last posted its quarterly earnings data on Thursday, November 16th. The retailer reported $1.53 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.53. Walmart had a net margin of 2.55% and a return on equity of 21.20%. The company had revenue of $160.80 billion for the quarter, compared to the consensus estimate of $159.65 billion. During the same quarter last year, the firm posted $1.50 earnings per share. The firm’s revenue was up 5.2% compared to the same quarter last year. On average, equities research analysts predict that Walmart Inc. will post 6.45 EPS for the current year.

Insiders Place Their Bets

In other Walmart news, Director S Robson Walton sold 159,823 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $155.00, for a total transaction of $24,772,565.00. Following the sale, the director now owns 230,940,417 shares in the company, valued at approximately $35,795,764,635. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Walmart news, Director S Robson Walton sold 159,823 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $155.00, for a total transaction of $24,772,565.00. Following the sale, the director now owns 230,940,417 shares in the company, valued at approximately $35,795,764,635. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP John D. Rainey sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $164.37, for a total transaction of $164,370.00. Following the sale, the executive vice president now owns 167,735 shares in the company, valued at approximately $27,570,601.95. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,493,089 shares of company stock worth $544,456,070. Company insiders own 46.51% of the company’s stock.

Walmart Company Profile

(Free Report)

Walmart Inc engages in the operation of retail, wholesale, and other units 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, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

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