Dakota Community Bank & Trust NA Has $172,000 Holdings in Walmart Inc. (NYSE:WMT)

Dakota Community Bank & Trust NA increased its position in shares of Walmart Inc. (NYSE:WMT) by 193.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,862 shares of the retailer’s stock after buying an additional 1,887 shares during the period. Dakota Community Bank & Trust NA’s holdings in Walmart were worth $172,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwest Capital Management Inc increased its holdings in shares of Walmart by 199.3% during the 1st quarter. Northwest Capital Management Inc now owns 440 shares of the retailer’s stock worth $26,000 after acquiring an additional 293 shares during the last quarter. Partnership Wealth Management LLC bought a new position in Walmart during the fourth quarter worth $30,000. Able Wealth Management LLC acquired a new position in shares of Walmart in the fourth quarter valued at $30,000. Vermillion & White Wealth Management Group LLC bought a new position in shares of Walmart in the fourth quarter valued at about $32,000. Finally, Signature Resources Capital Management LLC acquired a new stake in shares of Walmart during the 4th quarter worth about $35,000. 26.76% of the stock is owned by institutional investors.

Insider Transactions at Walmart

In related news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $60.81, for a total transaction of $798,131.25. Following the completion of the transaction, the executive vice president now owns 645,517 shares of the company’s stock, valued at $39,253,888.77. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of $60.81, for a total transaction of $798,131.25. Following the completion of the sale, the executive vice president now owns 645,517 shares of the company’s stock, valued at $39,253,888.77. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Timothy Patrick Flynn sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $64.82, for a total value of $1,944,600.00. Following the completion of the transaction, the director now directly owns 144,807 shares in the company, valued at $9,386,389.74. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,493,971 shares of company stock worth $950,549,592. Company insiders own 45.58% of the company’s stock.

Walmart Stock Down 0.1 %

Shares of NYSE WMT opened at $67.91 on Friday. The company has a 50 day simple moving average of $63.23 and a 200 day simple moving average of $58.75. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.80 and a quick ratio of 0.23. Walmart Inc. has a 1 year low of $49.85 and a 1 year high of $68.55. The firm has a market cap of $546.24 billion, a PE ratio of 29.06, a price-to-earnings-growth ratio of 3.92 and a beta of 0.52.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, May 16th. The retailer reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.08. The firm had revenue of $161.50 billion during the quarter, compared to the consensus estimate of $159.57 billion. Walmart had a net margin of 2.88% and a return on equity of 21.57%. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.49 earnings per share. On average, research analysts forecast that Walmart Inc. will post 2.42 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Stifel Nicolaus upped their price target on shares of Walmart from $65.00 to $69.00 and gave the company a “hold” rating in a research note on Friday, May 17th. Raymond James increased their target price on Walmart from $63.00 to $70.00 and gave the stock an “outperform” rating in a research note on Friday, May 17th. Roth Mkm lifted their price target on Walmart from $69.00 to $71.00 and gave the stock a “buy” rating in a report on Friday, May 17th. Evercore ISI upped their price objective on Walmart from $72.00 to $73.00 and gave the company an “outperform” rating in a report on Thursday. Finally, JPMorgan Chase & Co. raised Walmart from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $66.00 to $81.00 in a report on Monday, June 10th. Three research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.97.

About Walmart

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.