Glenview Trust Co lifted its stake in shares of Walmart Inc (NYSE:WMT) by 1.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 160,666 shares of the retailer’s stock after acquiring an additional 2,074 shares during the quarter. Walmart makes up approximately 1.1% of Glenview Trust Co’s holdings, making the stock its 27th biggest position. Glenview Trust Co’s holdings in Walmart were worth $19,094,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Evolution Wealth Advisors LLC purchased a new position in shares of Walmart in the fourth quarter worth $26,000. Corbenic Partners LLC bought a new stake in Walmart in the 4th quarter valued at $27,000. Shine Investment Advisory Services Inc. increased its holdings in Walmart by 181.7% in the 3rd quarter. Shine Investment Advisory Services Inc. now owns 307 shares of the retailer’s stock valued at $36,000 after acquiring an additional 198 shares during the last quarter. Knuff & Co LLC purchased a new stake in Walmart in the 3rd quarter worth $36,000. Finally, Massey Quick Simon & CO. LLC lifted its stake in Walmart by 232.7% in the 3rd quarter. Massey Quick Simon & CO. LLC now owns 366 shares of the retailer’s stock worth $43,000 after purchasing an additional 256 shares in the last quarter. Institutional investors own 30.40% of the company’s stock.

NYSE:WMT traded up $0.24 during mid-day trading on Friday, hitting $117.68. 60,621 shares of the stock traded hands, compared to its average volume of 5,805,252. The company has a quick ratio of 0.20, a current ratio of 0.81 and a debt-to-equity ratio of 0.83. Walmart Inc has a 52 week low of $96.53 and a 52 week high of $125.38. The stock has a market capitalization of $326.98 billion, a price-to-earnings ratio of 23.48, a PEG ratio of 4.47 and a beta of 0.36. The firm’s 50 day moving average is $116.50 and its two-hundred day moving average is $116.58.

Walmart (NYSE:WMT) last released its earnings results on Thursday, November 14th. The retailer reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.07. Walmart had a return on equity of 18.47% and a net margin of 2.77%. The firm had revenue of $126.98 billion for the quarter, compared to analysts’ expectations of $128.08 billion. During the same quarter in the prior year, the firm posted $1.08 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. As a group, research analysts predict that Walmart Inc will post 4.98 EPS for the current year.

WMT has been the subject of a number of research analyst reports. Morgan Stanley raised their price objective on Walmart from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Tuesday, December 31st. UBS Group raised their price target on Walmart from $115.00 to $125.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Telsey Advisory Group raised their price target on Walmart from $130.00 to $132.00 and gave the company an “outperform” rating in a report on Friday, November 15th. JPMorgan Chase & Co. set a $130.00 price objective on Walmart and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Finally, Goldman Sachs Group set a $125.00 price objective on Walmart and gave the stock a “buy” rating in a report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seventeen have given a buy rating to the company’s stock. Walmart presently has an average rating of “Buy” and a consensus price target of $123.51.

In related news, EVP Marc E. Lore sold 85,000 shares of the firm’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $115.91, for a total value of $9,852,350.00. Following the transaction, the executive vice president now owns 2,783,450 shares of the company’s stock, valued at approximately $322,629,689.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders have sold 255,000 shares of company stock valued at $29,993,100. 50.22% of the stock is owned by company insiders.

Walmart Company Profile

Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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