denkapparat Operations GmbH acquired a new stake in Walmart Inc. (NYSE:WMT - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 8,108 shares of the retailer's stock, valued at approximately $733,000. Walmart comprises about 1.1% of denkapparat Operations GmbH's portfolio, making the stock its 17th biggest holding.
Other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its holdings in Walmart by 14.9% in the third quarter. Principal Financial Group Inc. now owns 6,235,504 shares of the retailer's stock valued at $503,517,000 after buying an additional 809,352 shares during the period. Quantbot Technologies LP acquired a new position in shares of Walmart in the 3rd quarter valued at about $270,000. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of Walmart by 21.7% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 561,000 shares of the retailer's stock valued at $45,301,000 after purchasing an additional 100,000 shares in the last quarter. BBR Partners LLC grew its stake in Walmart by 38.2% during the third quarter. BBR Partners LLC now owns 67,398 shares of the retailer's stock worth $5,442,000 after purchasing an additional 18,636 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Walmart by 4.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,900,850 shares of the retailer's stock worth $153,494,000 after purchasing an additional 82,106 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Walmart
In other news, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total transaction of $343,800.00. Following the sale, the executive vice president now directly owns 888,309 shares in the company, valued at $76,350,158.55. This represents a 0.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,830 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total transaction of $166,658.10. Following the completion of the sale, 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. Insiders have sold 147,528 shares of company stock valued at $14,096,140 in the last 90 days. 45.58% of the stock is currently owned by company insiders.
Walmart Stock Performance
Walmart stock traded up $1.62 during trading on Monday, hitting $86.77. The stock had a trading volume of 10,197,863 shares, compared to its average volume of 20,074,613. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock's 50 day moving average is $94.62 and its two-hundred day moving average is $89.40. Walmart Inc. has a 1 year low of $58.56 and a 1 year high of $105.30. The stock has a market cap of $695.59 billion, a price-to-earnings ratio of 36.02, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53.
Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.02. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The company had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. As a group, analysts predict that Walmart Inc. will post 2.55 EPS for the current year.
Walmart Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Investors 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 dividend on an annualized basis and a yield of 1.08%. Walmart's dividend payout ratio is 39.00%.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on WMT. JPMorgan Chase & Co. raised their price objective on shares of Walmart from $97.00 to $112.00 and gave the stock an "overweight" rating in a research report on Monday, February 10th. Citigroup restated a "positive" rating on shares of Walmart in a report on Thursday, February 20th. Stifel Nicolaus dropped their price objective on shares of Walmart from $99.00 to $93.00 and set a "hold" rating on the stock in a report on Thursday, March 20th. Robert W. Baird boosted their target price on Walmart from $100.00 to $115.00 and gave the company an "outperform" rating in a research report on Tuesday, February 18th. Finally, Telsey Advisory Group reiterated an "outperform" rating on shares of Walmart in a report on Friday, February 28th. Two equities research 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $103.17.
Check Out Our Latest Stock Report on Walmart
Walmart Profile
(
Free Report)
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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