Walmart Inc. (NYSE:WMT) Shares Purchased by Jump Financial LLC

Jump Financial LLC boosted its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 84.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 159,719 shares of the retailer's stock after buying an additional 73,349 shares during the quarter. Jump Financial LLC's holdings in Walmart were worth $14,431,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in WMT. Norges Bank bought a new position in Walmart during the 4th quarter valued at approximately $5,737,355,000. Raymond James Financial Inc. bought a new stake in Walmart in the fourth quarter valued at $2,306,627,000. Jennison Associates LLC boosted its position in shares of Walmart by 37.1% in the 4th quarter. Jennison Associates LLC now owns 25,339,448 shares of the retailer's stock worth $2,289,419,000 after purchasing an additional 6,860,189 shares in the last quarter. Bank of New York Mellon Corp increased its position in Walmart by 14.0% during the 4th 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 buying an additional 3,927,173 shares in the last quarter. Finally, APG Asset Management N.V. boosted its holdings in Walmart by 1,707.6% in the fourth quarter. APG Asset Management N.V. now owns 3,718,058 shares of the retailer's stock worth $324,410,000 after acquiring an additional 3,512,368 shares in the last quarter. Institutional investors own 26.76% of the company's stock.

Insider Transactions at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $85.95, for a total transaction of $343,800.00. Following the completion of the transaction, the executive vice president now owns 888,309 shares of the company's stock, valued at $76,350,158.55. This trade represents a 0.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Daniel J. Bartlett sold 1,760 shares of the business's stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $94.82, for a total value of $166,883.20. Following the completion of the transaction, the executive vice president now directly owns 520,275 shares of the company's stock, valued at approximately $49,332,475.50. This trade represents a 0.34 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 178,782 shares of company stock valued at $16,785,305. 45.58% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Piper Sandler upped their price target on shares of Walmart from $93.00 to $118.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 18th. Truist Financial increased their price target on shares of Walmart from $98.00 to $111.00 and gave the company a "buy" rating in a report on Tuesday, February 11th. Royal Bank of Canada lowered their price objective on Walmart from $107.00 to $102.00 and set an "outperform" rating on the stock in a research report on Thursday, April 10th. Erste Group Bank lowered Walmart from a "strong-buy" rating to a "hold" rating in a report on Monday, March 17th. Finally, JPMorgan Chase & Co. boosted their price target on Walmart from $97.00 to $112.00 and gave the stock an "overweight" rating in a research note on Monday, February 10th. Three investment analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Walmart currently has an average rating of "Moderate Buy" and an average price target of $103.58.

Walmart Price Performance

Shares of WMT stock traded up $1.98 during trading hours on Friday, hitting $93.17. The stock had a trading volume of 21,350,174 shares, compared to its average volume of 17,797,031. 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 stock has a market capitalization of $746.93 billion, a price-to-earnings ratio of 38.66, a PEG ratio of 4.42 and a beta of 0.69. Walmart Inc. has a one year low of $58.56 and a one year high of $105.30. The stock's 50-day moving average price is $91.71 and its two-hundred day moving average price is $90.18.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share 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 analyst estimates of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. Equities analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be given a $0.235 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.94 annualized dividend and a yield of 1.01%. Walmart's dividend payout ratio (DPR) is 39.00%.

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.