Trajan Wealth LLC Purchases 12,732 Shares of Walmart Inc. (NYSE:WMT)

Trajan Wealth LLC grew its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 6.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 212,212 shares of the retailer's stock after acquiring an additional 12,732 shares during the period. Walmart accounts for approximately 1.1% of Trajan Wealth LLC's holdings, making the stock its 26th largest position. Trajan Wealth LLC's holdings in Walmart were worth $19,173,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of WMT. Principal Financial Group Inc. raised its holdings in Walmart by 14.9% in the 3rd quarter. Principal Financial Group Inc. now owns 6,235,504 shares of the retailer's stock valued at $503,517,000 after acquiring an additional 809,352 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of Walmart in the 3rd quarter valued at $541,000. SOA Wealth Advisors LLC. grew its stake in shares of Walmart by 4.2% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 9,052 shares of the retailer's stock valued at $731,000 after purchasing an additional 364 shares during the period. Aldebaran Financial Inc. grew its position in Walmart by 10.9% in the third quarter. Aldebaran Financial Inc. now owns 22,250 shares of the retailer's stock valued at $1,797,000 after acquiring an additional 2,191 shares during the period. Finally, Tudor Financial Inc. acquired a new position in Walmart during the third quarter worth $504,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Royal Bank of Canada lowered their target price on shares of Walmart from $107.00 to $102.00 and set an "outperform" rating on the stock in a report on Thursday, April 10th. Stifel Nicolaus decreased their target price on Walmart from $93.00 to $91.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. Roth Mkm reissued a "buy" rating and set a $108.00 price objective (up previously from $97.00) on shares of Walmart in a report on Friday, February 21st. Mizuho initiated coverage on shares of Walmart in a research report on Friday, April 11th. They set an "outperform" rating and a $105.00 target price on the stock. Finally, Citigroup reiterated a "positive" rating on shares of Walmart in a research report on Thursday, February 20th. Three equities research analysts have rated the stock with a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Walmart has an average rating of "Moderate Buy" and a consensus price target of $103.58.

Insider Activity

In other Walmart news, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total transaction of $1,220,100.00. Following the completion of the transaction, the executive vice president now owns 568,626 shares in the company, valued at approximately $52,859,472.96. This trade represents a 2.26 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company's stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $85.63, for a total value of $2,493,888.12. Following the sale, the chief executive officer now owns 3,972,517 shares in the company, valued at approximately $340,166,630.71. The trade was a 0.73 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 178,782 shares of company stock worth $16,785,305. 45.58% of the stock is currently owned by corporate insiders.

Walmart Price Performance

Shares of NYSE WMT traded up $0.16 during midday trading on Wednesday, reaching $95.01. The company's stock had a trading volume of 18,035,767 shares, compared to its average volume of 17,839,513. The company has a market cap of $761.68 billion, a P/E ratio of 39.42, a P/E/G ratio of 4.42 and a beta of 0.69. Walmart Inc. has a fifty-two week low of $58.56 and a fifty-two week high of $105.30. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The business's 50 day moving average price is $91.09 and its two-hundred day moving average price is $90.51.

Walmart (NYSE:WMT - Get Free Report) last released its 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 return on equity of 21.87% and a net margin of 2.85%. The firm had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. On average, analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal 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 issued a $0.235 dividend. This represents a $0.94 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Friday, December 12th. Walmart's dividend payout ratio is currently 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.