United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Has $26.86 Million Stake in Walmart Inc. (NYSE:WMT)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its stake in Walmart Inc. (NYSE:WMT - Free Report) by 28.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 297,238 shares of the retailer's stock after purchasing an additional 65,760 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund's holdings in Walmart were worth $26,855,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Coyle Financial Counsel LLC boosted its holdings in Walmart by 3.1% in the fourth quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer's stock worth $310,000 after purchasing an additional 102 shares during the period. SC&H Financial Advisors Inc. boosted its holdings in shares of Walmart by 1.0% in the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer's stock valued at $924,000 after buying an additional 103 shares during the period. Blackston Financial Advisory Group LLC grew its position in shares of Walmart by 0.7% during the 4th quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer's stock valued at $1,417,000 after buying an additional 106 shares during the last quarter. Van Strum & Towne Inc. raised its stake in Walmart by 1.6% during the fourth quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer's stock worth $619,000 after acquiring an additional 108 shares during the period. Finally, Scarborough Advisors LLC raised its stake in Walmart by 2.0% during the fourth quarter. Scarborough Advisors LLC now owns 5,584 shares of the retailer's stock worth $505,000 after acquiring an additional 109 shares during the period. Institutional investors own 26.76% of the company's stock.

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Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Jefferies Financial Group upped their target price on Walmart from $105.00 to $111.00 and gave the company a "buy" rating in a report on Tuesday, December 17th. JPMorgan Chase & Co. upped their price objective on Walmart from $97.00 to $112.00 and gave the stock an "overweight" rating in a research note on Monday, February 10th. Wells Fargo & Company raised their target price on Walmart from $100.00 to $108.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Telsey Advisory Group restated an "outperform" rating on shares of Walmart in a research report on Friday, February 28th. Finally, Piper Sandler increased their price objective on shares of Walmart from $93.00 to $118.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Walmart presently has an average rating of "Moderate Buy" and an average price target of $103.17.

Insider Transactions at Walmart

In related news, EVP John D. Rainey sold 38,000 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were 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 owns 257,281 shares of the company's stock, valued at approximately $25,419,362.80. This trade represents a 12.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total transaction of $343,800.00. Following the completion of the sale, the executive vice president now directly owns 888,309 shares of the company's stock, valued at $76,350,158.55. This represents a 0.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 147,528 shares of company stock valued at $14,096,140. 45.58% of the stock is owned by insiders.

Walmart Stock Down 0.8 %

Shares of Walmart stock traded down $0.68 during midday trading on Friday, hitting $84.95. The company's stock had a trading volume of 8,724,589 shares, compared to its average volume of 20,143,529. The firm has a market capitalization of $681.02 billion, a P/E ratio of 35.25, a PEG ratio of 4.42 and a beta of 0.53. Walmart Inc. has a 1-year low of $58.56 and a 1-year high of $105.30. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock has a 50-day simple moving average of $94.76 and a 200-day simple moving average of $89.20.

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 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 company had revenue of $180.55 billion for the quarter, compared to analysts' expectations of $178.83 billion. As a group, sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be paid a $0.235 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Friday, December 12th. Walmart's dividend payout ratio (DPR) is presently 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.