Edmond DE Rothschild Holding S.A. Trims Holdings in Walmart Inc. (NYSE:WMT)

Edmond DE Rothschild Holding S.A. decreased its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 36.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 34,067 shares of the retailer's stock after selling 19,149 shares during the period. Edmond DE Rothschild Holding S.A.'s holdings in Walmart were worth $3,078,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. FPC Investment Advisory Inc. acquired a new position in Walmart during the fourth quarter worth $25,000. Horizon Financial Services LLC raised its holdings in shares of Walmart by 1,007.7% during the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock worth $26,000 after acquiring an additional 262 shares during the period. Fiduciary Advisors Inc. acquired a new position in shares of Walmart during the 4th quarter valued at about $27,000. Decker Retirement Planning Inc. purchased a new stake in shares of Walmart in the fourth quarter valued at about $32,000. Finally, Noble Wealth Management PBC acquired a new stake in Walmart during the fourth quarter worth about $37,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Oppenheimer increased their price target on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Wednesday, February 5th. Royal Bank of Canada lowered their price objective on Walmart from $109.00 to $107.00 and set an "outperform" rating for the company in a research report on Friday, February 21st. Citigroup reissued a "positive" rating on shares of Walmart in a research note on Thursday, February 20th. Barclays reaffirmed an "overweight" rating on shares of Walmart in a research note on Friday, February 28th. Finally, UBS Group reissued a "buy" rating on shares of Walmart in a research report on Friday, February 28th. Two equities research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and a consensus target price of $103.17.

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Walmart Stock Up 1.0 %

Shares of Walmart stock traded up $0.91 during trading on Tuesday, hitting $88.70. 22,070,021 shares of the stock were exchanged, compared to its average volume of 16,996,645. 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's 50-day moving average price is $94.45 and its 200 day moving average price is $89.51. The stock has a market cap of $711.10 billion, a price-to-earnings ratio of 36.81, a price-to-earnings-growth 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.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $178.83 billion. As a group, analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be paid a $0.235 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.94 annualized dividend and a yield of 1.06%. Walmart's dividend payout ratio is currently 39.00%.

Insiders Place Their Bets

In other Walmart news, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total value of $1,220,100.00. Following the completion of the transaction, the executive vice president now owns 568,626 shares in the company, valued at $52,859,472.96. This represents a 2.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP John D. Rainey sold 38,000 shares of Walmart stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $98.80, for a total value of $3,754,400.00. Following the sale, the executive vice president now owns 257,281 shares in the company, valued at $25,419,362.80. This trade represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 176,652 shares of company stock valued at $16,590,028. 45.58% of the stock is owned by corporate 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.