Bcwm LLC Invests $9.35 Million in Walmart Inc. (NYSE:WMT)

Bcwm LLC acquired a new stake in shares of Walmart Inc. (NYSE:WMT - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 103,534 shares of the retailer's stock, valued at approximately $9,354,000. Walmart comprises approximately 3.3% of Bcwm LLC's portfolio, making the stock its 9th biggest holding.

Several other large investors have also modified their holdings of the stock. Horizon Financial Services LLC grew its stake in Walmart by 1,007.7% during the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock worth $26,000 after buying an additional 262 shares during the period. IPG Investment Advisors LLC boosted its position in Walmart by 32.6% during the 4th quarter. IPG Investment Advisors LLC now owns 33,610 shares of the retailer's stock worth $3,042,000 after purchasing an additional 8,258 shares during the period. Schroder Investment Management Group raised its position in Walmart by 10.1% in the fourth quarter. Schroder Investment Management Group now owns 6,426,063 shares of the retailer's stock valued at $580,595,000 after purchasing an additional 591,052 shares during the period. American Money Management LLC purchased a new position in Walmart in the fourth quarter valued at about $381,000. Finally, Allianz SE acquired a new position in shares of Walmart during the fourth quarter worth about $14,879,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Daniel J. Bartlett sold 1,830 shares of the business's stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the sale, the executive vice president now 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm's stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $85.63, for a total value of $2,493,888.12. Following the transaction, the chief executive officer now directly owns 3,972,517 shares of the company's stock, valued at $340,166,630.71. This represents a 0.73 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 176,652 shares of company stock valued at $16,590,028 over the last quarter. Corporate insiders own 45.58% of the company's stock.

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Analysts Set New Price Targets

WMT has been the topic of several recent research reports. UBS Group reissued a "buy" rating on shares of Walmart in a research report on Friday, February 28th. Tigress Financial boosted their target price on shares of Walmart from $86.00 to $115.00 and gave the stock a "buy" rating in a research report on Friday, December 13th. DZ Bank raised shares of Walmart from a "hold" rating to a "buy" rating and set a $110.00 price target for the company in a report on Tuesday, February 25th. Robert W. Baird boosted their price objective on shares of Walmart from $100.00 to $115.00 and gave the stock an "outperform" rating in a report on Tuesday, February 18th. Finally, Telsey Advisory Group restated an "outperform" rating on shares of Walmart in a research note 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 assigned a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $103.17.

Walmart Stock Performance

WMT traded up $2.79 during trading hours on Monday, hitting $87.94. The company's stock had a trading volume of 30,255,294 shares, compared to its average volume of 16,963,820. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. Walmart Inc. has a fifty-two week low of $58.56 and a fifty-two week high of $105.30. The company has a 50-day simple moving average of $94.62 and a 200 day simple moving average of $89.40. The firm has a market capitalization of $704.97 billion, a PE ratio of 36.49, a PEG ratio of 4.42 and a beta of 0.53.

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

Walmart Announces Dividend

The business 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 dividend of $0.235 per share. The ex-dividend date is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.07%. Walmart's dividend payout ratio is presently 39.00%.

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.