11,988 Shares in Walmart Inc. (NYSE:WMT) Purchased by one8zero8 LLC

one8zero8 LLC purchased a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,988 shares of the retailer's stock, valued at approximately $1,083,000.

Several other institutional investors have also bought and sold shares of the stock. Geode Capital Management LLC grew its holdings in Walmart by 3.3% during the third quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer's stock worth $7,048,465,000 after buying an additional 2,786,061 shares in the last quarter. FMR LLC grew its stake in Walmart by 12.9% in the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer's stock valued at $5,098,203,000 after purchasing an additional 7,200,004 shares during the period. Fisher Asset Management LLC grew its stake in Walmart by 2.4% in the 4th quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock valued at $4,408,452,000 after purchasing an additional 1,133,201 shares during the period. Franklin Resources Inc. grew its stake in Walmart by 3.7% in the 3rd quarter. Franklin Resources Inc. now owns 41,501,782 shares of the retailer's stock valued at $3,392,658,000 after purchasing an additional 1,480,927 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of 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 during the last quarter. Institutional investors own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $92.60, for a total transaction of $1,215,375.00. Following the completion of the sale, the executive vice president now owns 566,794 shares of the company's stock, valued at approximately $52,485,124.40. The trade was a 2.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business's stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $92.35, for a total value of $2,689,601.40. Following the sale, the chief executive officer now directly owns 3,785,702 shares of the company's stock, valued at $349,609,579.70. This represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 185,777 shares of company stock valued at $17,657,316. Company insiders own 45.58% of the company's stock.

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Wall Street Analysts Forecast Growth

WMT has been the topic of a number of recent research reports. Tigress Financial increased their price objective on Walmart from $86.00 to $115.00 and gave the stock a "buy" rating in a report on Friday, December 13th. Morgan Stanley reissued an "overweight" rating and set a $115.00 price objective (up previously from $106.00) on shares of Walmart in a report on Thursday, February 13th. TD Cowen increased their price objective on Walmart from $90.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, November 20th. BMO Capital Markets raised their price target on Walmart from $80.00 to $100.00 and gave the company an "outperform" rating in a report on Monday, November 18th. Finally, Stifel Nicolaus raised their price target on Walmart from $89.00 to $94.00 and gave the company a "hold" rating in a report on Tuesday, December 10th. One analyst has rated the stock with a hold rating, thirty have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $103.20.

Walmart Stock Up 0.9 %

NYSE:WMT traded up $0.79 during trading hours on Friday, reaching $85.29. 35,480,004 shares of the company traded hands, compared to its average volume of 15,827,975. The stock has a market capitalization of $685.19 billion, a P/E ratio of 35.39, a P/E/G ratio of 4.42 and a beta of 0.53. The business's 50-day moving average price is $95.74 and its two-hundred day moving average price is $88.80. Walmart Inc. has a 1 year low of $58.56 and a 1 year high of $105.30. 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 posted its earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, topping 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 analyst estimates of $178.83 billion. Analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

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