Coppell Advisory Solutions LLC Cuts Holdings in Walmart Inc. (NYSE:WMT)

Coppell Advisory Solutions LLC cut its position in Walmart Inc. (NYSE:WMT - Free Report) by 23.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 211,395 shares of the retailer's stock after selling 64,843 shares during the period. Walmart comprises about 2.7% of Coppell Advisory Solutions LLC's portfolio, making the stock its 8th largest position. Coppell Advisory Solutions LLC's holdings in Walmart were worth $19,201,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. FPC Investment Advisory Inc. bought a new stake in shares of Walmart in the fourth quarter valued at about $25,000. Horizon Financial Services LLC lifted its stake in Walmart by 1,007.7% in the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock valued at $26,000 after acquiring an additional 262 shares in the last quarter. Fiduciary Advisors Inc. acquired a new position in Walmart during the 4th quarter worth approximately $27,000. Decker Retirement Planning Inc. bought a new position in shares of Walmart during the 4th quarter worth approximately $32,000. Finally, Noble Wealth Management PBC acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $37,000. Institutional investors own 26.76% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on WMT shares. JPMorgan Chase & Co. raised their target price on shares of Walmart from $97.00 to $112.00 and gave the company an "overweight" rating in a research report on Monday, February 10th. KeyCorp lifted their price objective on shares of Walmart from $100.00 to $105.00 and gave the company an "overweight" rating in a research report on Friday, February 21st. Stifel Nicolaus cut their price objective on Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Oppenheimer dropped their price target on Walmart from $110.00 to $95.00 and set an "outperform" rating on the stock in a research note on Monday, April 7th. Finally, Royal Bank of Canada decreased their price objective 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. Three 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. Based on data from MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and a consensus price target of $103.58.

Insider Transactions at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the business's 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 transaction, the executive vice president now directly owns 888,309 shares of the company's stock, valued at $76,350,158.55. The trade was a 0.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John D. Rainey sold 38,000 shares of the firm'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 sale, the executive vice president now directly owns 257,281 shares of the company's stock, valued at $25,419,362.80. This represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 140,533 shares of company stock worth $13,241,740. Company insiders own 45.58% of the company's stock.

Walmart Trading Up 1.0 %

WMT opened at $95.89 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. Walmart Inc. has a fifty-two week low of $58.58 and a fifty-two week high of $105.30. The company's 50 day moving average price is $90.75 and its two-hundred day moving average price is $90.66. The firm has a market capitalization of $768.74 billion, a price-to-earnings ratio of 39.79, a PEG ratio of 4.42 and a beta of 0.69.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. As a group, research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 annualized dividend and a yield of 0.98%. Walmart's payout ratio is 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.