Invesco Ltd. Purchases 368,711 Shares of Walmart Inc. (NYSE:WMT)

Invesco Ltd. boosted its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 1.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,365,122 shares of the retailer's stock after acquiring an additional 368,711 shares during the quarter. Walmart accounts for 0.5% of Invesco Ltd.'s portfolio, making the stock its 18th biggest holding. Invesco Ltd. owned about 0.35% of Walmart worth $2,562,789,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Walmart by 1.7% during the fourth 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 in the last quarter. 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 during the last quarter. SC&H Financial Advisors Inc. raised its position in Walmart by 1.0% during the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer's stock worth $924,000 after buying an additional 103 shares during the last quarter. Blackston Financial Advisory Group LLC grew its holdings in Walmart by 0.7% during the fourth 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 during the period. Finally, Van Strum & Towne Inc. increased its position in shares of Walmart by 1.6% during the fourth quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer's stock valued at $619,000 after acquiring an additional 108 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Trading Down 4.8 %

Shares of NYSE WMT opened at $83.09 on Monday. The company has a market cap of $666.12 billion, a price-to-earnings ratio of 34.48, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69. The stock's 50 day simple moving average is $94.01 and its 200 day simple moving average is $89.67. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. Walmart Inc. has a 12-month low of $58.56 and a 12-month high of $105.30.

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Walmart (NYSE:WMT - Get Free Report) last released 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 business had revenue of $180.55 billion during the quarter, compared to analyst estimates of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. Equities research analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be issued a $0.235 dividend. This represents a $0.94 annualized dividend and a yield of 1.13%. The ex-dividend date is Friday, December 12th. Walmart's payout ratio is currently 39.00%.

Wall Street Analysts Forecast Growth

WMT has been the topic of a number of research analyst reports. Roth Mkm reissued a "buy" rating and issued a $108.00 target price (up previously from $97.00) on shares of Walmart in a research report on Friday, February 21st. Erste Group Bank lowered shares of Walmart from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 17th. Tigress Financial boosted their price target on shares of Walmart from $86.00 to $115.00 and gave the stock a "buy" rating in a report on Friday, December 13th. Barclays reissued an "overweight" rating on shares of Walmart in a research report on Friday, February 28th. Finally, Guggenheim reissued a "buy" rating and issued a $100.00 target price on shares of Walmart in a research report on Monday, February 24th. Two analysts have 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.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $103.17.

Insiders Place Their Bets

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $88.66, for a total value of $195,052.00. Following the sale, the executive vice president now directly owns 398,024 shares in the company, valued at approximately $35,288,807.84. The trade was a 0.55 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $85.95, for a total transaction of $343,800.00. Following the transaction, the executive vice president now owns 888,309 shares of the company's stock, valued at approximately $76,350,158.55. This trade represents a 0.45 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 178,852 shares of company stock worth $16,785,080. 45.58% of the stock is owned by corporate insiders.

Walmart 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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