One Capital Management LLC Sells 16,343 Shares of Walmart Inc. (NYSE:WMT)

One Capital Management LLC reduced its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 8.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 170,889 shares of the retailer's stock after selling 16,343 shares during the period. One Capital Management LLC's holdings in Walmart were worth $15,440,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Brophy Wealth Management LLC bought a new position in shares of Walmart in the 3rd quarter valued at approximately $2,072,000. Bank of New Hampshire grew its position in shares of Walmart by 13.7% in the fourth quarter. Bank of New Hampshire now owns 47,949 shares of the retailer's stock valued at $4,332,000 after purchasing an additional 5,786 shares during the last quarter. Modera Wealth Management LLC grew its position 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 purchasing an additional 9,292 shares during the last quarter. Iowa State Bank increased its stake in shares of Walmart by 213.8% in the fourth quarter. Iowa State Bank now owns 26,807 shares of the retailer's stock worth $2,422,000 after purchasing an additional 18,263 shares during the period. Finally, Fisher Asset Management LLC lifted its position in shares of Walmart by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer's stock worth $3,848,533,000 after purchasing an additional 2,107,197 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

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Insider Activity at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the company's stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $92.35, for a total transaction of $2,689,601.40. Following the transaction, the chief executive officer now directly owns 3,785,702 shares in the company, valued at approximately $349,609,579.70. This represents a 0.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John D. Rainey sold 38,000 shares of Walmart stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the sale, the executive vice president now 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 185,777 shares of company stock valued at $17,657,316 over the last quarter. Corporate insiders own 45.58% of the company's stock.

Walmart Price Performance

WMT traded down $2.97 during trading on Friday, hitting $91.68. The company's stock had a trading volume of 35,897,844 shares, compared to its average volume of 15,647,268. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $736.46 billion, a price-to-earnings ratio of 38.04, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53. The firm's 50 day moving average price is $96.19 and its two-hundred day moving average price is $88.26. Walmart Inc. has a 12 month low of $58.56 and a 12 month high of $105.30.

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

Walmart Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be paid a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 annualized dividend and a dividend yield of 1.03%. Walmart's dividend payout ratio (DPR) is currently 39.00%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Robert W. Baird lifted their price target on Walmart from $100.00 to $115.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 18th. JPMorgan Chase & Co. boosted their target price on shares of Walmart from $97.00 to $112.00 and gave the stock an "overweight" rating in a research report on Monday, February 10th. TD Cowen upped their target price on shares of Walmart from $90.00 to $100.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Sanford C. Bernstein raised their price target on shares of Walmart from $98.00 to $102.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 20th. Finally, Piper Sandler upped their price objective on shares of Walmart from $93.00 to $118.00 and gave the company an "overweight" rating in a research report on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $103.07.

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.