Swiss National Bank decreased its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 4.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,489,400 shares of the retailer's stock after selling 641,800 shares during the quarter. Walmart comprises about 0.8% of Swiss National Bank's portfolio, making the stock its 17th biggest holding. Swiss National Bank owned about 0.16% of Walmart worth $1,128,417,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Brophy Wealth Management LLC acquired a new stake in shares of Walmart during the 3rd quarter worth about $2,072,000. Candriam S.C.A. boosted its holdings in shares of Walmart by 209.7% during the fourth quarter. Candriam S.C.A. now owns 885,008 shares of the retailer's stock worth $79,960,000 after acquiring an additional 599,257 shares during the period. Bank of New Hampshire increased its stake in shares of Walmart by 13.7% during the fourth quarter. Bank of New Hampshire now owns 47,949 shares of the retailer's stock worth $4,332,000 after purchasing an additional 5,786 shares during the period. Modera Wealth Management LLC lifted its holdings in Walmart by 4.8% during the 4th quarter. Modera Wealth Management LLC now owns 203,150 shares of the retailer's stock worth $18,355,000 after purchasing an additional 9,292 shares during the last quarter. Finally, Iowa State Bank lifted its holdings in Walmart by 213.8% during the 4th 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 last quarter. Institutional investors own 26.76% of the company's stock.
Insider Transactions at Walmart
In other Walmart news, EVP John D. Rainey sold 38,000 shares of the business's stock in a transaction that occurred on 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 directly owns 257,281 shares of the company's stock, valued at approximately $25,419,362.80. The trade was a 12.87 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,600 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total transaction of $166,384.00. Following the sale, the executive vice president now directly owns 423,597 shares of the company's stock, valued at approximately $44,049,852.03. This trade represents a 0.38 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 185,777 shares of company stock worth $17,657,316 over the last three months. 45.58% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Several research firms have weighed in on WMT. DZ Bank upgraded Walmart from a "hold" rating to a "buy" rating and set a $110.00 price objective on the stock in a research report on Tuesday, February 25th. TD Cowen raised their price target on shares of Walmart from $90.00 to $100.00 and gave the stock a "buy" rating in a research report on Wednesday, November 20th. BMO Capital Markets lifted their price objective on shares of Walmart from $80.00 to $100.00 and gave the stock an "outperform" rating in a research note on Monday, November 18th. Stifel Nicolaus increased their target price on shares of Walmart from $89.00 to $94.00 and gave the stock a "hold" rating in a research report on Tuesday, December 10th. Finally, Oppenheimer increased their target price on Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Wednesday, February 5th. One investment analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $103.20.
Check Out Our Latest Analysis on WMT
Walmart Price Performance
WMT stock opened at $85.07 on Thursday. The company has a market capitalization of $683.43 billion, a P/E ratio of 35.30, a PEG ratio of 4.42 and a beta of 0.53. The company has a fifty day moving average price of $95.96 and a 200-day moving average price of $88.59. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. Walmart Inc. has a 52-week low of $58.56 and a 52-week high of $105.30.
Walmart (NYSE:WMT - Get Free Report) last announced its 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 during the quarter, compared to analyst estimates of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. As a group, equities analysts expect 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. Shareholders of record on Friday, December 12th will be given a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis 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 Company Profile
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Free Report)
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.
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