Koshinski Asset Management Inc. Raises Holdings in Walmart Inc. (NYSE:WMT)

Koshinski Asset Management Inc. increased its position in shares of Walmart Inc. (NYSE:WMT) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 81,422 shares of the retailer’s stock after buying an additional 220 shares during the period. Walmart comprises approximately 0.0% of Koshinski Asset Management Inc.’s holdings, making the stock its 27th largest holding. Koshinski Asset Management Inc.’s holdings in Walmart were worth $7,356,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in WMT. Dakota Community Bank & Trust NA raised its holdings in shares of Walmart by 4.0% in the 4th quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer’s stock valued at $260,000 after purchasing an additional 110 shares in the last quarter. Kozak & Associates Inc. increased its holdings in Walmart by 22.3% during the fourth quarter. Kozak & Associates Inc. now owns 619 shares of the retailer’s stock valued at $56,000 after buying an additional 113 shares during the period. Summit Financial Wealth Advisors LLC raised its stake in Walmart by 0.5% in the third quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock worth $1,915,000 after buying an additional 118 shares in the last quarter. Lowe Wealth Advisors LLC lifted its holdings in Walmart by 13.5% during the fourth quarter. Lowe Wealth Advisors LLC now owns 1,018 shares of the retailer’s stock worth $92,000 after buying an additional 121 shares during the period. Finally, Providence Wealth Advisors LLC boosted its position in Walmart by 0.3% during the 3rd quarter. Providence Wealth Advisors LLC now owns 43,549 shares of the retailer’s stock valued at $3,591,000 after acquiring an additional 122 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, SVP David Chojnowski sold 5,600 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total value of $512,120.00. Following the completion of the sale, the senior vice president now owns 87,404 shares of the company’s stock, valued at approximately $7,993,095.80. The trade was a 6.02 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 transaction of $166,658.10. Following the transaction, the executive vice president now directly owns 460,705 shares in the company, valued at approximately $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. In the last 90 days, insiders sold 140,177 shares of company stock valued at $12,478,149. 45.58% of the stock is owned by company insiders.

Walmart Price Performance

Shares of NYSE WMT opened at $93.05 on Wednesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. The stock has a market capitalization of $747.51 billion, a price-to-earnings ratio of 38.19, a PEG ratio of 4.36 and a beta of 0.55. The firm’s 50 day simple moving average is $91.31 and its 200-day simple moving average is $81.63. Walmart Inc. has a 12 month low of $53.44 and a 12 month high of $96.18.

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

Analysts Set New Price Targets

A number of brokerages recently weighed in on WMT. Bank of America upped their price objective on Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Royal Bank of Canada restated an “outperform” rating and issued a $105.00 price target on shares of Walmart in a report on Wednesday, January 15th. Morgan Stanley boosted their price objective on shares of Walmart from $100.00 to $106.00 and gave the stock an “overweight” rating in a research note on Tuesday. Jefferies Financial Group raised their target price on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a research note on Tuesday, December 17th. Finally, Barclays upped their price target on Walmart from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, January 9th. Two research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and a consensus price target of $94.69.

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.