Walmart Inc. (NYSE:WMT) Position Trimmed by CFO4Life Group LLC

CFO4Life Group LLC lessened its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 2.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 177,763 shares of the retailer's stock after selling 4,392 shares during the period. Walmart makes up about 2.8% of CFO4Life Group LLC's portfolio, making the stock its 10th biggest position. CFO4Life Group LLC's holdings in Walmart were worth $16,061,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Geode Capital Management LLC grew 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 purchasing an additional 2,786,061 shares during the last quarter. FMR LLC boosted its holdings in shares of Walmart by 12.9% in the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer's stock valued at $5,098,203,000 after acquiring an additional 7,200,004 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Walmart by 2.4% in the 4th quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock valued at $4,408,452,000 after acquiring an additional 1,133,201 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Walmart by 3.7% in the 3rd quarter. Franklin Resources Inc. now owns 41,501,782 shares of the retailer's stock valued at $3,392,658,000 after acquiring an additional 1,480,927 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Walmart by 14.0% in 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. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Price Performance

Shares of NYSE WMT opened at $85.07 on Thursday. The firm has a 50-day simple moving average of $95.96 and a 200-day simple moving average of $88.59. The stock has a market capitalization of $683.43 billion, a price-to-earnings ratio of 35.30, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. Walmart Inc. has a 52 week low of $58.56 and a 52 week high of $105.30.

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Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating analysts' consensus estimates of $0.64 by $0.02. The business had revenue of $180.55 billion during the quarter, compared to analysts' expectations of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. On average, equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be issued a $0.235 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date is Friday, December 12th. Walmart's dividend payout ratio is currently 39.00%.

Insider Activity at Walmart

In related news, EVP Daniel J. Bartlett sold 1,600 shares of the company's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total value of $166,384.00. Following the completion of the sale, the executive vice president now owns 423,597 shares of the company's stock, valued at approximately $44,049,852.03. This represents a 0.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $92.60, for a total transaction of $1,215,375.00. Following the completion of the sale, the executive vice president now directly owns 566,794 shares of the company's stock, valued at $52,485,124.40. This represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 185,777 shares of company stock valued at $17,657,316. 45.58% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Morgan Stanley reaffirmed an "overweight" rating and issued a $115.00 price objective (up from $106.00) on shares of Walmart in a report on Thursday, February 13th. JPMorgan Chase & Co. upped their price objective on shares of Walmart from $97.00 to $112.00 and gave the company an "overweight" rating in a report on Monday, February 10th. Telsey Advisory Group reaffirmed an "outperform" rating on shares of Walmart in a report on Friday, February 28th. Barclays reaffirmed an "overweight" rating on shares of Walmart in a report on Friday, February 28th. Finally, Sanford C. Bernstein upped their price objective on shares of Walmart from $98.00 to $102.00 and gave the company an "outperform" rating in a report on Wednesday, November 20th. 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 has a consensus rating of "Buy" and a consensus price target of $103.20.

About Walmart

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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