Seizert Capital Partners LLC Sells 74,477 Shares of Walmart Inc. (NYSE:WMT)

Seizert Capital Partners LLC decreased its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 12.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 509,800 shares of the retailer's stock after selling 74,477 shares during the quarter. Walmart comprises approximately 2.1% of Seizert Capital Partners LLC's investment portfolio, making the stock its 18th biggest holding. Seizert Capital Partners LLC's holdings in Walmart were worth $46,060,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of WMT. FPC Investment Advisory Inc. acquired a new position in Walmart during the fourth quarter worth $25,000. Peterson Financial Group Inc. bought a new stake in Walmart during the third quarter worth about $26,000. Fiduciary Advisors Inc. acquired a new position in Walmart during the fourth quarter worth about $27,000. Decker Retirement Planning Inc. acquired a new position in Walmart during the fourth quarter worth about $32,000. Finally, Hara Capital LLC acquired a new position in shares of Walmart in the third quarter valued at approximately $37,000. Institutional investors own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In related news, EVP Christopher James Nicholas sold 17,600 shares of the company's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $94.42, for a total value of $1,661,792.00. Following the sale, the executive vice president now owns 348,357 shares of the company's stock, valued at $32,891,867.94. The trade was a 4.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company's stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $96.95, for a total transaction of $2,823,571.80. Following the sale, the chief executive officer now directly owns 3,558,247 shares in the company, valued at $344,972,046.65. This represents a 0.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 185,777 shares of company stock valued at $17,657,316. Corporate insiders own 45.58% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on WMT. Tigress Financial increased their target price on shares of Walmart from $86.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, December 13th. BMO Capital Markets raised their price objective on Walmart from $80.00 to $100.00 and gave the company an "outperform" rating in a research note on Monday, November 18th. Citigroup reissued a "positive" rating on shares of Walmart in a report on Thursday, February 20th. Evercore ISI boosted their price target on shares of Walmart from $94.00 to $96.00 and gave the stock an "outperform" rating in a report on Tuesday, December 3rd. Finally, Roth Mkm reiterated a "buy" rating and set a $108.00 price target (up from $97.00) on shares of Walmart in a research report on Friday, February 21st. One research analyst has rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $103.07.

Walmart Price Performance

Shares of NYSE:WMT traded up $1.03 during trading on Wednesday, hitting $96.00. 17,621,592 shares of the stock were exchanged, compared to its average volume of 15,545,287. The company has a market cap of $771.16 billion, a PE ratio of 39.83, a P/E/G ratio of 4.42 and a beta of 0.53. 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 company has a fifty day moving average price of $96.15 and a two-hundred day moving average price of $88.09. 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 issued its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $178.83 billion. On average, analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be issued 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 yield of 0.98%. Walmart's payout ratio is 39.00%.

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.