MGO One Seven LLC Has $7.54 Million Holdings in Walmart Inc. (NYSE:WMT)

MGO One Seven LLC boosted its position in Walmart Inc. (NYSE:WMT - Free Report) by 18.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 83,392 shares of the retailer's stock after buying an additional 13,230 shares during the quarter. MGO One Seven LLC's holdings in Walmart were worth $7,535,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of WMT. Vanguard Group Inc. grew its position in Walmart by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer's stock worth $38,194,278,000 after purchasing an additional 2,050,683 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Walmart by 3.4% in the fourth quarter. Geode Capital Management LLC now owns 90,635,238 shares of the retailer's stock valued at $8,167,186,000 after buying an additional 3,017,829 shares during the period. Norges Bank acquired a new stake in Walmart during the fourth quarter worth about $5,737,355,000. Fisher Asset Management LLC grew its position in Walmart by 2.4% during the fourth quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock worth $4,408,452,000 after buying an additional 1,133,201 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in Walmart by 1.2% during the fourth quarter. Franklin Resources Inc. now owns 42,015,818 shares of the retailer's stock valued at $3,796,129,000 after acquiring an additional 514,036 shares during the period. Institutional investors own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total value of $343,800.00. Following the sale, the executive vice president now owns 888,309 shares of the company's stock, valued at approximately $76,350,158.55. The trade was a 0.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $96.95, for a total value of $2,823,571.80. Following the transaction, the chief executive officer now directly owns 3,558,247 shares in the company, valued at $344,972,046.65. This trade represents a 0.81 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 140,533 shares of company stock valued at $13,241,740 in the last 90 days. 45.58% of the stock is currently owned by company insiders.

Walmart Trading Down 0.9 %

Shares of WMT stock traded down $0.82 on Friday, hitting $95.02. The stock had a trading volume of 15,311,845 shares, compared to its average volume of 17,802,960. The company has a fifty day moving average price of $90.75 and a two-hundred day moving average price of $90.66. 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 firm has a market cap of $761.76 billion, a P/E ratio of 39.43, a PEG ratio of 4.42 and a beta of 0.69. Walmart Inc. has a twelve month low of $58.58 and a twelve month high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data 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 business had revenue of $180.55 billion for the quarter, compared to analysts' expectations of $178.83 billion. As a group, analysts forecast that Walmart Inc. will post 2.55 earnings per share 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 dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Friday, December 12th. Walmart's dividend payout ratio (DPR) is presently 39.00%.

Analyst Ratings Changes

WMT has been the topic of several recent research reports. Oppenheimer decreased their price objective on Walmart from $110.00 to $95.00 and set an "outperform" rating on the stock in a report on Monday, April 7th. UBS Group decreased their price target on shares of Walmart from $112.00 to $110.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Morgan Stanley reissued an "overweight" rating and issued a $115.00 price target (up previously from $106.00) on shares of Walmart in a report on Thursday, February 13th. Stifel Nicolaus reduced their price objective on shares of Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Finally, Truist Financial upped their target price on shares of Walmart from $98.00 to $111.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Three research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $103.58.

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.