4,920 Shares in Walmart Inc. (NYSE:WMT) Acquired by Mosaic Advisors LLC

Mosaic Advisors LLC purchased a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,920 shares of the retailer's stock, valued at approximately $445,000. Walmart makes up about 0.5% of Mosaic Advisors LLC's portfolio, making the stock its 11th biggest holding.

A number of other hedge funds have also recently made changes to their positions in the business. Principal Financial Group Inc. grew its holdings in shares of Walmart by 14.9% in the third quarter. Principal Financial Group Inc. now owns 6,235,504 shares of the retailer's stock worth $503,517,000 after purchasing an additional 809,352 shares during the last quarter. Quest Partners LLC purchased a new stake in Walmart during the 3rd quarter valued at $336,000. Cahill Financial Advisors Inc. increased its position in shares of Walmart by 4.2% in the third quarter. Cahill Financial Advisors Inc. now owns 3,681 shares of the retailer's stock valued at $297,000 after acquiring an additional 150 shares during the period. Fisher Asset Management LLC raised its stake in shares of Walmart by 4.6% during the third quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer's stock valued at $3,848,533,000 after acquiring an additional 2,107,197 shares during the last quarter. Finally, Davis R M Inc. boosted its holdings in shares of Walmart by 12.7% during the third quarter. Davis R M Inc. now owns 12,548 shares of the retailer's stock worth $1,013,000 after purchasing an additional 1,413 shares during the period. 26.76% of the stock is currently owned by institutional investors.

Walmart Price Performance

Shares of NYSE:WMT opened at $87.56 on Tuesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The firm has a market cap of $701.92 billion, a price-to-earnings ratio of 36.33, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53. The business has a 50-day simple moving average of $95.12 and a two-hundred day simple moving average of $89.19. Walmart Inc. has a fifty-two week low of $58.56 and a fifty-two week high of $105.30.

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Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The firm had revenue of $180.55 billion during the quarter, compared to analysts' expectations of $178.83 billion. On average, analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be paid a $0.235 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 annualized dividend and a dividend yield of 1.07%. Walmart's dividend payout ratio (DPR) is 39.00%.

Insider Buying and Selling

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total value of $343,800.00. Following the transaction, the executive vice president now owns 888,309 shares of the company's stock, valued at $76,350,158.55. This trade represents a 0.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,600 shares of Walmart stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total value of $166,384.00. Following the transaction, the executive vice president now directly owns 423,597 shares in the company, valued at approximately $44,049,852.03. The trade was a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 189,777 shares of company stock valued at $18,001,116. 45.58% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. UBS Group reaffirmed a "buy" rating on shares of Walmart in a research report on Friday, February 28th. Royal Bank of Canada dropped their price target on Walmart from $109.00 to $107.00 and set an "outperform" rating for the company in a research note on Friday, February 21st. Piper Sandler boosted their price objective on shares of Walmart from $93.00 to $118.00 and gave the company an "overweight" rating in a research report on Tuesday, February 18th. Evercore ISI dropped their target price on shares of Walmart from $107.00 to $100.00 and set an "outperform" rating for the company in a research report on Tuesday, March 11th. Finally, Roth Mkm reiterated a "buy" rating and set a $108.00 price target (up previously from $97.00) on shares of Walmart in a research report on Friday, February 21st. Two investment analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Walmart presently has a consensus rating of "Moderate Buy" and an average target price of $103.17.

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.

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