Atria Investments Inc Has $31.20 Million Position in Walmart Inc. (NYSE:WMT)

Atria Investments Inc lessened its stake in Walmart Inc. (NYSE:WMT - Free Report) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 345,338 shares of the retailer's stock after selling 2,969 shares during the period. Atria Investments Inc's holdings in Walmart were worth $31,201,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Brophy Wealth Management LLC bought a new stake in shares of Walmart during the third quarter valued at approximately $2,072,000. Bank of New Hampshire raised its stake in shares of Walmart by 13.7% in the 4th quarter. Bank of New Hampshire now owns 47,949 shares of the retailer's stock valued at $4,332,000 after buying an additional 5,786 shares in the last quarter. Modera Wealth Management LLC lifted its holdings in shares of Walmart by 4.8% during the 4th quarter. Modera Wealth Management LLC now owns 203,150 shares of the retailer's stock worth $18,355,000 after acquiring an additional 9,292 shares during the period. Iowa State Bank boosted its position in shares of Walmart by 213.8% during the 4th quarter. Iowa State Bank now owns 26,807 shares of the retailer's stock valued at $2,422,000 after acquiring an additional 18,263 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in Walmart by 4.6% in 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 period. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Trading Up 1.1 %

Shares of WMT stock traded up $1.03 during trading hours on Wednesday, reaching $96.00. The company had a trading volume of 17,621,592 shares, compared to its average volume of 15,545,287. Walmart Inc. has a 1-year low of $58.56 and a 1-year high of $105.30. 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 firm has a market cap of $771.16 billion, a price-to-earnings ratio of 39.83, a P/E/G ratio of 4.42 and a beta of 0.53. The company has a 50 day moving average of $96.15 and a 200 day moving average of $88.09.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results 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. The firm had revenue of $180.55 billion for the quarter, compared to analyst estimates of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. On average, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The company also recently disclosed 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. This represents a $0.94 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend is Friday, December 12th. Walmart's dividend payout ratio is currently 39.00%.

Analysts Set New Price Targets

A number of brokerages have commented on WMT. Citigroup restated a "positive" rating on shares of Walmart in a research note on Thursday, February 20th. KeyCorp boosted their price target on Walmart from $100.00 to $105.00 and gave the company an "overweight" rating in a research note on Friday, February 21st. Wells Fargo & Company upped their price target on Walmart from $100.00 to $108.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. TD Cowen lifted their price objective on Walmart from $90.00 to $100.00 and gave the company a "buy" rating in a report on Wednesday, November 20th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating on shares of Walmart in a report on Friday, February 28th. One equities research analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $103.07.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,830 shares of the business's stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the transaction, the executive vice president now directly owns 460,705 shares of the company's stock, valued at approximately $41,956,404.35. The trade was a 0.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $92.60, for a total value of $1,215,375.00. Following the sale, the executive vice president now directly owns 566,794 shares in the company, valued at approximately $52,485,124.40. This represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 185,777 shares of company stock valued at $17,657,316. Corporate insiders own 45.58% of the company's stock.

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.