Murphy & Mullick Capital Management Corp Invests $463,000 in Walmart Inc. (NYSE:WMT)

Murphy & Mullick Capital Management Corp acquired a new stake in Walmart Inc. (NYSE:WMT - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,125 shares of the retailer's stock, valued at approximately $463,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. FPC Investment Advisory Inc. bought a new stake in Walmart in the fourth quarter worth about $25,000. Fiduciary Advisors Inc. bought a new stake in shares of Walmart during the 4th quarter worth approximately $27,000. Decker Retirement Planning Inc. purchased a new position in Walmart during the 4th quarter valued at $32,000. Noble Wealth Management PBC bought a new position in Walmart in the 4th quarter valued at $37,000. Finally, Legacy Investment Solutions LLC purchased a new stake in Walmart in the third quarter worth $43,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,600 shares of Walmart stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total transaction of $166,384.00. Following the completion of the transaction, the executive vice president now owns 423,597 shares in the company, valued at approximately $44,049,852.03. This trade represents a 0.38 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total value of $343,800.00. Following the completion of the sale, the executive vice president now owns 888,309 shares in the company, valued at $76,350,158.55. The trade was a 0.45 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 147,528 shares of company stock worth $14,096,140. Company insiders own 45.58% of the company's stock.

Remove Ads

Walmart Stock Performance

Shares of NYSE:WMT traded down $0.73 on Friday, hitting $84.90. 8,123,927 shares of the company were exchanged, compared to its average volume of 20,130,941. Walmart Inc. has a 1-year low of $58.56 and a 1-year high of $105.30. The stock's 50 day moving average price is $94.76 and its 200 day moving average price is $89.20. 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 firm has a market capitalization of $680.61 billion, a P/E ratio of 35.23, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.02. The firm had revenue of $180.55 billion for the quarter, compared to the consensus estimate of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. Sell-side analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be given a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend is Friday, December 12th. Walmart's dividend payout ratio is presently 39.00%.

Analysts Set New Price Targets

WMT has been the subject of a number of recent analyst reports. Tigress Financial upped 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. Telsey Advisory Group restated an "outperform" rating on shares of Walmart in a research note on Friday, February 28th. Barclays reaffirmed an "overweight" rating on shares of Walmart in a research report on Friday, February 28th. Stifel Nicolaus lowered their price target on Walmart from $99.00 to $93.00 and set a "hold" rating for the company in a report on Thursday, March 20th. Finally, Roth Mkm restated a "buy" rating and set a $108.00 price objective (up from $97.00) on shares of Walmart in a report on Friday, February 21st. Two investment analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $103.17.

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.