DecisionMap Wealth Management LLC Takes Position in Walmart Inc. (NYSE:WMT)

DecisionMap Wealth Management LLC bought a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 9,517 shares of the retailer's stock, valued at approximately $860,000.

A number of other institutional investors also recently bought and sold shares of WMT. Raymond James Financial Inc. purchased a new stake in shares of Walmart in the 4th quarter valued at about $2,306,627,000. Jennison Associates LLC lifted its holdings in shares of Walmart by 479.6% in the 3rd quarter. Jennison Associates LLC now owns 18,479,259 shares of the retailer's stock valued at $1,492,200,000 after buying an additional 15,290,936 shares during the period. FMR LLC raised its position in Walmart by 12.9% in the third quarter. FMR LLC now owns 63,135,639 shares of the retailer's stock worth $5,098,203,000 after acquiring an additional 7,200,004 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Walmart by 14.0% in the fourth quarter. Bank of New York Mellon Corp now owns 32,020,800 shares of the retailer's stock valued at $2,893,079,000 after acquiring an additional 3,927,173 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Walmart by 3.3% in the third quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer's stock valued at $7,048,465,000 after acquiring an additional 2,786,061 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on WMT. Citigroup reissued a "positive" rating on shares of Walmart in a report on Thursday, February 20th. BMO Capital Markets raised their target price on Walmart from $80.00 to $100.00 and gave the company an "outperform" rating in a report on Monday, November 18th. Morgan Stanley reaffirmed an "overweight" rating and set a $115.00 price target (up previously from $106.00) on shares of Walmart in a research note on Thursday, February 13th. Telsey Advisory Group reaffirmed an "outperform" rating on shares of Walmart in a research note on Friday, February 28th. Finally, Wells Fargo & Company lifted their price target on Walmart from $100.00 to $108.00 and gave the stock an "overweight" rating in a research note on Monday, February 3rd. One research analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $103.20.

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Walmart Stock Performance

WMT stock opened at $85.07 on Thursday. 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 $683.43 billion, a P/E ratio of 35.30, a P/E/G ratio of 4.42 and a beta of 0.53. Walmart Inc. has a 12-month low of $58.56 and a 12-month high of $105.30. The stock's 50 day simple moving average is $95.96 and its 200 day simple moving average is $88.59.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.02. The business 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%. As a group, equities research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be given a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Friday, December 12th. Walmart's dividend payout ratio is currently 39.00%.

Insider Activity at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $92.60, for a total transaction of $1,215,375.00. Following the completion of the transaction, the executive vice president now directly owns 566,794 shares in the company, valued at $52,485,124.40. This represents a 2.26 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company's stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $92.35, for a total value of $2,689,601.40. Following the transaction, the chief executive officer now owns 3,785,702 shares of the company's stock, valued at approximately $349,609,579.70. The trade was a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 185,777 shares of company stock valued at $17,657,316. Corporate insiders own 45.58% of the company's stock.

Walmart Company 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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