FIL Ltd decreased its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 0.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,290,573 shares of the retailer's stock after selling 3,376 shares during the quarter. FIL Ltd's holdings in Walmart were worth $116,603,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of 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 purchasing an additional 98 shares during the last quarter. Coyle Financial Counsel LLC lifted its holdings in Walmart by 3.1% during the 4th quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer's stock worth $310,000 after buying an additional 102 shares during the last quarter. SC&H Financial Advisors Inc. increased its holdings in shares of Walmart by 1.0% in the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer's stock valued at $924,000 after acquiring an additional 103 shares during the last quarter. Blackston Financial Advisory Group LLC raised its position in shares of 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 acquiring an additional 106 shares in the last quarter. Finally, Van Strum & Towne Inc. lifted its position in shares of Walmart by 1.6% during the 4th quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer's stock worth $619,000 after buying an additional 108 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.
Insider Activity at Walmart
In other news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $88.66, for a total transaction of $195,052.00. Following the sale, the executive vice president now owns 398,024 shares in the company, valued at $35,288,807.84. This trade represents a 0.55 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Daniel J. Bartlett sold 1,600 shares of the company's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total transaction of $166,384.00. Following the completion of the transaction, the executive vice president now directly owns 423,597 shares of the company's stock, valued at approximately $44,049,852.03. The trade was a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 178,852 shares of company stock worth $16,785,080. 45.58% of the stock is currently owned by corporate insiders.
Walmart Trading Up 2.4 %
Shares of NYSE WMT traded up $2.20 during trading on Friday, hitting $92.81. 25,491,591 shares of the company traded hands, compared to its average volume of 17,657,677. The firm has a market capitalization of $744.03 billion, a P/E ratio of 38.51, a P/E/G ratio of 4.42 and a beta of 0.69. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The company has a 50-day moving average price of $92.43 and a 200-day moving average price of $89.95. Walmart Inc. has a 1 year low of $58.56 and a 1 year 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 EPS for the quarter, topping the consensus estimate of $0.64 by $0.02. The company had revenue of $180.55 billion during 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%. On average, equities analysts predict that Walmart Inc. will post 2.55 EPS for the current year.
Walmart Dividend Announcement
The firm 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 1.01%. The ex-dividend date is Friday, December 12th. Walmart's dividend payout ratio is presently 39.00%.
Wall Street Analyst Weigh In
WMT has been the subject of a number of research reports. Royal Bank of Canada reduced their price target on shares of Walmart from $107.00 to $102.00 and set an "outperform" rating for the company in a research report on Thursday. Evercore ISI dropped their price target on Walmart from $107.00 to $100.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 11th. KeyCorp boosted their price objective on Walmart from $100.00 to $105.00 and gave the company an "overweight" rating in a research note on Friday, February 21st. Barclays restated an "overweight" rating on shares of Walmart in a research report on Friday, February 28th. Finally, DZ Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating and set a $110.00 price target for the company in a research report on Tuesday, February 25th. Three investment 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's stock. According to MarketBeat.com, Walmart currently has a consensus rating of "Moderate Buy" and a consensus target price of $103.58.
Read Our Latest Stock Report on WMT
Walmart Company Profile
(
Free Report)
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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