Broderick Brian C Has $699,000 Position in Walmart Inc. (NYSE:WMT)

Broderick Brian C lifted its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 66.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,740 shares of the retailer's stock after buying an additional 3,090 shares during the period. Broderick Brian C's holdings in Walmart were worth $699,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc. boosted its position in Walmart by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer's stock worth $38,194,278,000 after acquiring an additional 2,050,683 shares during the period. Geode Capital Management LLC lifted its position in shares of Walmart by 3.4% in the fourth quarter. Geode Capital Management LLC now owns 90,635,238 shares of the retailer's stock worth $8,167,186,000 after purchasing an additional 3,017,829 shares in the last quarter. Norges Bank acquired a new stake in shares of Walmart during the fourth quarter worth approximately $5,737,355,000. Fisher Asset Management LLC grew its position in Walmart by 2.4% during the fourth quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock valued at $4,408,452,000 after purchasing an additional 1,133,201 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in Walmart by 1.2% in the 4th quarter. Franklin Resources Inc. now owns 42,015,818 shares of the retailer's stock valued at $3,796,129,000 after buying an additional 514,036 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Trading Down 3.0 %

WMT stock opened at $87.10 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. The firm has a market cap of $698.23 billion, a P/E ratio of 36.14, a P/E/G ratio of 4.42 and a beta of 0.69. Walmart Inc. has a 1-year low of $58.56 and a 1-year high of $105.30. The business's 50 day moving average is $94.25 and its 200-day moving average is $89.50.

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Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $178.83 billion. Equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The company also recently announced 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. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date is Friday, December 12th. Walmart's dividend payout ratio (DPR) is currently 39.00%.

Insider Buying and Selling

In other news, EVP Daniel J. Bartlett sold 1,600 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total transaction 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. This represents a 0.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $85.95, for a total transaction of $343,800.00. Following the completion of the sale, the executive vice president now directly owns 888,309 shares of the company's stock, valued at approximately $76,350,158.55. This represents a 0.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 178,852 shares of company stock worth $16,785,080 in the last three months. Insiders own 45.58% of the company's stock.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of research reports. Roth Mkm restated a "buy" rating and set a $108.00 price target (up from $97.00) on shares of Walmart in a report on Friday, February 21st. Barclays reaffirmed an "overweight" rating on shares of Walmart in a research report on Friday, February 28th. Robert W. Baird boosted their price target on Walmart from $100.00 to $115.00 and gave the company an "outperform" rating in a research note on Tuesday, February 18th. Jefferies Financial Group raised their price objective on shares of Walmart from $105.00 to $111.00 and gave the company a "buy" rating in a research report on Tuesday, December 17th. Finally, KeyCorp boosted their target price on shares of Walmart from $100.00 to $105.00 and gave the stock an "overweight" rating in a research report on Friday, February 21st. Two analysts have rated the stock with a hold rating, thirty have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $103.17.

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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