22,809 Shares in Walmart Inc. (NYSE:WMT) Purchased by Postrock Partners LLC

Postrock Partners LLC acquired a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 22,809 shares of the retailer's stock, valued at approximately $2,061,000. Walmart comprises 1.0% of Postrock Partners LLC's investment portfolio, making the stock its 20th biggest holding.

Other large investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its stake in Walmart by 3.3% in the third quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer's stock valued at $7,048,465,000 after buying an additional 2,786,061 shares during the period. FMR LLC raised its position in shares of Walmart by 12.9% in the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer's stock valued at $5,098,203,000 after acquiring an additional 7,200,004 shares during the period. Fisher Asset Management LLC boosted its stake in Walmart by 2.4% during the 4th quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock worth $4,408,452,000 after acquiring an additional 1,133,201 shares during the last quarter. Franklin Resources Inc. grew its holdings in Walmart by 3.7% during the third quarter. Franklin Resources Inc. now owns 41,501,782 shares of the retailer's stock valued at $3,392,658,000 after purchasing an additional 1,480,927 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Walmart by 14.0% in the fourth quarter. Bank of New York Mellon Corp now owns 32,020,800 shares of the retailer's stock valued at $2,893,079,000 after purchasing an additional 3,927,173 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the business's stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $92.35, for a total value of $2,689,601.40. Following the completion of the sale, the chief executive officer now directly owns 3,785,702 shares in the company, valued at approximately $349,609,579.70. The trade was a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $92.60, for a total value of $1,215,375.00. Following the completion of the transaction, the executive vice president now directly owns 566,794 shares of the company's stock, valued at $52,485,124.40. This represents a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 185,777 shares of company stock worth $17,657,316 in the last ninety days. 45.58% of the stock is owned by company insiders.

Walmart Trading Down 1.0 %

Shares of Walmart stock opened at $84.36 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. The business has a fifty day simple moving average of $95.85 and a two-hundred day simple moving average of $88.56. Walmart Inc. has a 1 year low of $58.56 and a 1 year high of $105.30. The company has a market capitalization of $677.67 billion, a price-to-earnings ratio of 35.00, a P/E/G ratio of 4.42 and a beta of 0.53.

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Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, topping the consensus estimate of $0.64 by $0.02. The business had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. Research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be issued a dividend of $0.235 per share. The ex-dividend date is Friday, December 12th. This represents a $0.94 annualized dividend and a yield of 1.11%. Walmart's payout ratio is currently 39.00%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on WMT shares. Jefferies Financial Group boosted their price target on shares of Walmart from $105.00 to $111.00 and gave the company a "buy" rating in a report on Tuesday, December 17th. KeyCorp boosted their target price on Walmart from $100.00 to $105.00 and gave the company an "overweight" rating in a research note on Friday, February 21st. JPMorgan Chase & Co. raised their price target on Walmart from $97.00 to $112.00 and gave the stock an "overweight" rating in a research report on Monday, February 10th. Tigress Financial boosted their price objective on Walmart from $86.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, December 13th. Finally, Royal Bank of Canada lowered their target price on Walmart from $109.00 to $107.00 and set an "outperform" rating for the company in a research note on Friday, February 21st. One research analyst has rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Walmart has a consensus rating of "Buy" and a consensus target price of $103.20.

Walmart 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.

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