9,401 Shares in Walmart Inc. (NYSE:WMT) Acquired by Moment Partners LLC

Moment Partners LLC purchased a new stake in Walmart Inc. (NYSE:WMT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 9,401 shares of the retailer's stock, valued at approximately $849,000.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Brophy Wealth Management LLC purchased a new stake in shares of Walmart in the 3rd quarter valued at approximately $2,072,000. Candriam S.C.A. lifted its stake in Walmart by 209.7% during the fourth quarter. Candriam S.C.A. now owns 885,008 shares of the retailer's stock worth $79,960,000 after purchasing an additional 599,257 shares in the last quarter. Bank of New Hampshire boosted its position in shares of Walmart by 13.7% during the fourth quarter. Bank of New Hampshire now owns 47,949 shares of the retailer's stock worth $4,332,000 after buying an additional 5,786 shares during the period. Modera Wealth Management LLC grew its stake in shares of Walmart by 4.8% in the fourth quarter. Modera Wealth Management LLC now owns 203,150 shares of the retailer's stock valued at $18,355,000 after buying an additional 9,292 shares in the last quarter. Finally, Iowa State Bank raised its holdings in shares of Walmart by 213.8% in the 4th quarter. Iowa State Bank now owns 26,807 shares of the retailer's stock valued at $2,422,000 after buying an additional 18,263 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insider Activity

In related news, EVP John R. Furner sold 13,125 shares of the stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $92.96, for a total transaction of $1,220,100.00. Following the transaction, the executive vice president now directly owns 568,626 shares in the company, valued at approximately $52,859,472.96. This represents a 2.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP John D. Rainey sold 38,000 shares of Walmart stock in a transaction dated 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 owns 257,281 shares of the company's stock, valued at $25,419,362.80. This trade represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 147,528 shares of company stock valued at $14,096,140 over the last 90 days. Insiders own 45.58% of the company's stock.

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Analysts Set New Price Targets

Several research firms have weighed in on WMT. Barclays reaffirmed an "overweight" rating on shares of Walmart in a research report on Friday, February 28th. Guggenheim reaffirmed a "buy" rating and set a $100.00 target price on shares of Walmart in a research note on Monday, February 24th. Stifel Nicolaus decreased their price target on shares of Walmart from $99.00 to $93.00 and set a "hold" rating for the company in a research report on Thursday, March 20th. DZ Bank raised Walmart from a "hold" rating to a "buy" rating and set a $110.00 price objective on the stock in a research report on Tuesday, February 25th. Finally, Wells Fargo & Company increased their price objective on Walmart from $100.00 to $108.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Two 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 stock. According to MarketBeat, Walmart currently has a consensus rating of "Moderate Buy" and an average target price of $103.17.

Walmart Price Performance

Shares of NYSE:WMT traded down $0.55 during midday trading on Friday, hitting $85.08. 14,780,407 shares of the stock were exchanged, compared to its average volume of 16,910,594. The stock has a market cap of $682.04 billion, a P/E ratio of 35.30, a PEG ratio of 4.42 and a beta of 0.53. Walmart Inc. has a twelve month low of $58.56 and a twelve month high of $105.30. The company has a 50 day moving average price of $94.62 and a 200-day moving average price of $89.32. 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 (NYSE:WMT - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.02. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The company had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. On average, research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be issued a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.10%. Walmart's dividend payout ratio (DPR) is presently 39.00%.

About Walmart

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.