Walmart Inc. (NYSE:WMT) Shares Sold by Menora Mivtachim Holdings LTD.

Menora Mivtachim Holdings LTD. lowered its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 42.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,747,444 shares of the retailer's stock after selling 2,049,727 shares during the quarter. Walmart accounts for 1.6% of Menora Mivtachim Holdings LTD.'s portfolio, making the stock its 22nd biggest holding. Menora Mivtachim Holdings LTD.'s holdings in Walmart were worth $248,232,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of WMT. Annis Gardner Whiting Capital Advisors LLC grew its stake in Walmart by 1.7% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 5,937 shares of the retailer's stock worth $538,000 after purchasing an additional 98 shares in the last quarter. Coyle Financial Counsel LLC grew its position in shares of 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 in the last quarter. SC&H Financial Advisors Inc. increased its stake in shares of Walmart by 1.0% during 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 during the period. Blackston Financial Advisory Group LLC increased its stake in shares of Walmart by 0.7% during 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 during the period. Finally, Van Strum & Towne Inc. raised its holdings in shares of Walmart by 1.6% in 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 in the last quarter. Institutional investors own 26.76% of the company's stock.

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Wall Street Analysts Forecast Growth

WMT has been the subject of several recent research reports. Stifel Nicolaus reduced their price target on shares of Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Telsey Advisory Group restated an "outperform" rating and set a $115.00 price objective on shares of Walmart in a research note on Thursday, April 10th. Robert W. Baird raised their target price 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. DZ Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating and set a $110.00 price objective on the stock in a report on Tuesday, February 25th. Finally, StockNews.com lowered Walmart from a "buy" rating to a "hold" rating in a research note on Tuesday, April 8th. Three investment analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Walmart currently has a consensus rating of "Moderate Buy" and an average target price of $103.58.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the firm's stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $92.62, for a total transaction of $2,697,464.88. Following the sale, the chief executive officer now owns 3,766,491 shares in the company, valued at approximately $348,852,396.42. This trade represents a 0.77 % 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 John D. Rainey sold 38,000 shares of Walmart stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $98.80, for a total value of $3,754,400.00. Following the completion of the sale, the executive vice president now directly owns 257,281 shares of the company's stock, valued at approximately $25,419,362.80. This represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 178,852 shares of company stock valued at $16,785,080 in the last ninety days. Corporate insiders own 45.58% of the company's stock.

Walmart Stock Performance

Shares of Walmart stock traded up $0.99 on Tuesday, reaching $95.72. 2,187,950 shares of the stock were exchanged, compared to its average volume of 21,740,197. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. The business has a fifty day moving average price of $92.27 and a two-hundred day moving average price of $90.06. Walmart Inc. has a 1-year low of $58.56 and a 1-year high of $105.30. The firm has a market capitalization of $767.36 billion, a PE ratio of 39.72, a PEG ratio of 4.42 and a beta of 0.69.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The business had revenue of $180.55 billion for the quarter, compared to analysts' expectations of $178.83 billion. As a group, research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be paid a $0.235 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a yield of 0.98%. Walmart's payout ratio is 39.00%.

Walmart Company 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.