Walmart Inc. (NYSE:WMT) Shares Bought by Schroder Investment Management Group

Schroder Investment Management Group boosted its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 10.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,426,063 shares of the retailer's stock after buying an additional 591,052 shares during the period. Schroder Investment Management Group owned 0.08% of Walmart worth $580,595,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WMT. Norges Bank acquired a new position in Walmart in the fourth quarter valued at $5,737,355,000. Raymond James Financial Inc. purchased a new position in shares of Walmart during the fourth quarter worth about $2,306,627,000. Jennison Associates LLC increased its position in Walmart by 37.1% in the 4th quarter. Jennison Associates LLC now owns 25,339,448 shares of the retailer's stock valued at $2,289,419,000 after acquiring an additional 6,860,189 shares during the period. Bank of New York Mellon Corp raised its stake in 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 acquiring an additional 3,927,173 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Walmart by 3.3% during the 3rd quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer's stock worth $7,048,465,000 after acquiring an additional 2,786,061 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Wall Street Analysts Forecast Growth

WMT has been the subject of several analyst reports. Tigress Financial upped their price target on Walmart from $86.00 to $115.00 and gave the stock a "buy" rating in a research note on Friday, December 13th. Jefferies Financial Group raised their target price on shares of Walmart from $105.00 to $111.00 and gave the stock a "buy" rating in a research note on Tuesday, December 17th. 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 note on Friday, February 21st. Erste Group Bank downgraded shares of Walmart from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 17th. Finally, Wells Fargo & Company upped their price objective on Walmart from $100.00 to $108.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. Two equities research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $103.17.

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Insiders Place Their Bets

In other news, EVP Daniel J. Bartlett sold 1,830 shares of the business's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the sale, the executive vice president now owns 460,705 shares of the company's stock, valued at approximately $41,956,404.35. The trade was a 0.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction of $3,754,400.00. Following the transaction, the executive vice president now directly owns 257,281 shares in the company, valued at $25,419,362.80. The trade was a 12.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 176,652 shares of company stock worth $16,590,028 in the last three months. 45.58% of the stock is owned by insiders.

Walmart Stock Up 3.3 %

NYSE WMT traded up $2.79 on Monday, reaching $87.94. The company had a trading volume of 30,255,294 shares, compared to its average volume of 16,963,802. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. Walmart Inc. has a 1 year low of $58.56 and a 1 year high of $105.30. The firm has a 50-day moving average of $94.62 and a 200-day moving average of $89.40. The firm has a market capitalization of $704.97 billion, a PE ratio of 36.49, a P/E/G ratio of 4.42 and a beta of 0.53.

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, beating analysts' consensus estimates of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The business had revenue of $180.55 billion during the quarter, compared to analyst estimates of $178.83 billion. On average, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Shareholders 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 dividend on an annualized basis and a yield of 1.07%. Walmart's dividend payout ratio (DPR) 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.