Oxford Asset Management LLP Takes Position in Walmart Inc. (NYSE:WMT)

Oxford Asset Management LLP acquired a new position in Walmart Inc. (NYSE:WMT - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 16,264 shares of the retailer's stock, valued at approximately $1,469,000. Walmart makes up approximately 0.8% of Oxford Asset Management LLP's investment portfolio, making the stock its 17th largest holding.

Other hedge funds have also recently made changes to their positions in the company. FPC Investment Advisory Inc. bought a new stake in Walmart in the fourth quarter worth $25,000. Horizon Financial Services LLC raised its holdings in shares of Walmart by 1,007.7% in the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock valued at $26,000 after acquiring an additional 262 shares in the last quarter. Fiduciary Advisors Inc. purchased a new position in Walmart during the fourth quarter valued at approximately $27,000. Decker Retirement Planning Inc. bought a new position in Walmart in the fourth quarter worth about $32,000. Finally, Noble Wealth Management PBC purchased a new position in Walmart in the fourth quarter worth $37,000. Institutional investors own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John D. Rainey sold 38,000 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $98.80, for a total value of $3,754,400.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 1,600 shares of the business's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total value of $166,384.00. Following the transaction, the executive vice president now owns 423,597 shares of the company's stock, valued at $44,049,852.03. The trade was a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 140,533 shares of company stock worth $13,241,740. Insiders own 45.58% of the company's stock.

Walmart Price Performance

NYSE WMT traded down $0.82 on Friday, reaching $95.02. The company's stock had a trading volume of 15,311,845 shares, compared to its average volume of 17,830,103. The firm has a market cap of $761.76 billion, a PE ratio of 39.43, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69. 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 50-day moving average price of $90.58 and a 200 day moving average price of $90.91. Walmart Inc. has a 52 week low of $58.58 and a 52 week high of $105.30.

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

Walmart Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Friday, December 12th. Walmart's dividend payout ratio is presently 39.00%.

Analyst Ratings Changes

Several analysts have recently commented on WMT shares. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a report on Thursday, April 10th. KeyCorp boosted their price target on shares of Walmart from $100.00 to $105.00 and gave the stock an "overweight" rating in a research report on Friday, February 21st. Morgan Stanley reiterated an "overweight" rating and set a $115.00 price target (up previously from $106.00) on shares of Walmart in a report on Thursday, February 13th. Mizuho began coverage on Walmart in a research note on Friday, April 11th. They set an "outperform" rating and a $105.00 target price for the company. Finally, UBS Group lowered their target price on shares of Walmart from $112.00 to $110.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. Three analysts have rated the stock with a hold rating, thirty have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $103.58.

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.