Capital Analysts LLC Sells 10,856 Shares of Walmart Inc. (NYSE:WMT)

Capital Analysts LLC trimmed its stake in Walmart Inc. (NYSE:WMT - Free Report) by 4.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 237,484 shares of the retailer's stock after selling 10,856 shares during the period. Walmart comprises about 0.9% of Capital Analysts LLC's investment portfolio, making the stock its 20th largest position. Capital Analysts LLC's holdings in Walmart were worth $21,457,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC increased its position in Walmart by 1.7% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 5,937 shares of the retailer's stock valued at $538,000 after acquiring an additional 98 shares in the last quarter. Coyle Financial Counsel LLC grew its stake in shares of Walmart by 3.1% during the fourth quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer's stock valued at $310,000 after purchasing an additional 102 shares during the last quarter. SC&H Financial Advisors Inc. raised its position in Walmart by 1.0% in the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer's stock worth $924,000 after purchasing an additional 103 shares during the last quarter. Blackston Financial Advisory Group LLC lifted its holdings in Walmart by 0.7% during the 4th quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer's stock worth $1,417,000 after buying an additional 106 shares in the last quarter. Finally, Van Strum & Towne Inc. boosted its position in Walmart by 1.6% in the 4th quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer's stock valued at $619,000 after buying an additional 108 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Down 0.9 %

WMT traded down $0.82 during trading on Friday, reaching $95.02. 15,311,845 shares of the stock were exchanged, compared to its average volume of 17,830,103. 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 stock's 50 day moving average price is $90.58 and its two-hundred day moving average price is $90.91. Walmart Inc. has a twelve month low of $58.58 and a twelve month high of $105.30. The stock has a market cap of $761.76 billion, a P/E ratio of 39.43, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results 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 net margin of 2.85% and a return on equity of 21.87%. The company had revenue of $180.55 billion for the quarter, compared to analysts' expectations of $178.83 billion. Equities 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. Shareholders of record on Friday, December 12th will be issued a $0.235 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.94 annualized dividend and a dividend yield of 0.99%. Walmart's dividend payout ratio is currently 39.00%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on WMT shares. Roth Mkm restated a "buy" rating and set a $108.00 target price (up from $97.00) on shares of Walmart in a research report on Friday, February 21st. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Walmart in a research note on Wednesday, March 26th. Robert W. Baird upped their target price on shares of Walmart from $100.00 to $115.00 and gave the company an "outperform" rating in a research report on Tuesday, February 18th. Piper Sandler raised their price target on Walmart from $93.00 to $118.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 18th. Finally, Citigroup reaffirmed a "positive" rating on shares of Walmart in a research note on Thursday, February 20th. Three investment analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $103.58.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the company's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $96.95, for a total value of $2,823,571.80. Following the transaction, the chief executive officer now owns 3,558,247 shares in the company, valued at approximately $344,972,046.65. This represents a 0.81 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Daniel J. Bartlett sold 1,600 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total transaction of $166,384.00. Following the sale, the executive vice president now owns 423,597 shares of the company's stock, valued at $44,049,852.03. This trade represents a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 140,533 shares of company stock valued at $13,241,740 over the last ninety days. 45.58% of the stock is currently owned by company insiders.

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.