HMV Wealth Advisors LLC purchased a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,505 shares of the retailer's stock, valued at approximately $317,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Coyle Financial Counsel LLC boosted its position in Walmart by 3.1% in the fourth quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer's stock valued at $310,000 after buying an additional 102 shares in the last quarter. SC&H Financial Advisors Inc. boosted its position in Walmart by 1.0% in the fourth quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer's stock valued at $924,000 after buying an additional 103 shares in the last quarter. Blackston Financial Advisory Group LLC boosted its position in Walmart by 0.7% in the fourth quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer's stock valued at $1,417,000 after buying an additional 106 shares in the last quarter. Scarborough Advisors LLC boosted its position in Walmart by 2.0% in the fourth quarter. Scarborough Advisors LLC now owns 5,584 shares of the retailer's stock valued at $505,000 after buying an additional 109 shares in the last quarter. Finally, Dakota Community Bank & Trust NA boosted its position in Walmart by 4.0% in the fourth quarter. Dakota Community Bank & Trust NA now owns 2,879 shares of the retailer's stock valued at $260,000 after buying an additional 110 shares in the last quarter. Institutional investors own 26.76% of the company's stock.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on WMT shares. KeyCorp raised their target price on shares of Walmart from $100.00 to $105.00 and gave the company an "overweight" rating in a research report on Friday, February 21st. Robert W. Baird raised their price target on shares of Walmart from $100.00 to $115.00 and gave the company an "outperform" rating in a research note on Tuesday, February 18th. Citigroup reaffirmed a "positive" rating on shares of Walmart in a research note on Thursday, February 20th. Evercore ISI dropped their price target on shares of Walmart from $107.00 to $100.00 and set an "outperform" rating for the company in a research note on Tuesday. Finally, DZ Bank raised shares of Walmart from a "hold" rating to a "buy" rating and set a $110.00 price target for the company in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $103.20.
Get Our Latest Stock Analysis on WMT
Walmart Stock Up 0.9 %
Shares of NYSE WMT opened at $85.29 on Friday. The stock has a market capitalization of $685.19 billion, a P/E ratio of 35.39, a P/E/G ratio of 4.42 and a beta of 0.53. The company has a 50-day moving average price of $95.74 and a 200-day moving average price of $88.62. Walmart Inc. has a 1 year low of $58.56 and a 1 year high of $105.30. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23.
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. The firm had revenue of $180.55 billion during the quarter, compared to analysts' expectations of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. On average, equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.
Walmart Announces Dividend
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 issued a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Friday, December 12th. Walmart's dividend payout ratio (DPR) is presently 39.00%.
Insider Buying and Selling
In related news, EVP Daniel J. Bartlett sold 1,830 shares of the business's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the transaction, the executive vice president now directly owns 460,705 shares in the company, valued at approximately $41,956,404.35. The trade was a 0.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business's stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $96.95, for a total transaction 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 trade represents a 0.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 185,777 shares of company stock worth $17,657,316. 45.58% of the stock is owned by insiders.
Walmart 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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