Walmart Inc. (NYSE:WMT) Shares Sold by CSM Advisors LLC

CSM Advisors LLC decreased its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 2.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 196,495 shares of the retailer's stock after selling 4,920 shares during the period. Walmart makes up approximately 1.2% of CSM Advisors LLC's investment portfolio, making the stock its 26th largest position. CSM Advisors LLC's holdings in Walmart were worth $17,751,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. FPC Investment Advisory Inc. purchased a new stake in Walmart in the 4th quarter valued at $25,000. Horizon Financial Services LLC grew its holdings in shares of Walmart by 1,007.7% in the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock valued at $26,000 after purchasing an additional 262 shares during the period. Fiduciary Advisors Inc. acquired a new stake in Walmart during the fourth quarter worth about $27,000. Decker Retirement Planning Inc. purchased a new position in Walmart during the fourth quarter worth about $32,000. Finally, Noble Wealth Management PBC acquired a new position in Walmart in the 4th quarter valued at about $37,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 1,760 shares of the stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $94.82, for a total transaction of $166,883.20. Following the completion of the sale, the executive vice president now owns 520,275 shares in the company, valued at $49,332,475.50. This represents a 0.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $88.66, for a total transaction of $195,052.00. Following the transaction, the executive vice president now directly owns 398,024 shares in the company, valued at $35,288,807.84. The trade was a 0.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 178,782 shares of company stock worth $16,785,305 in the last quarter. 45.58% of the stock is owned by insiders.

Walmart Stock Performance

Shares of WMT opened at $94.91 on Wednesday. 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. The stock has a 50 day moving average price of $91.09 and a 200 day moving average price of $90.51. The company has a market capitalization of $760.88 billion, a price-to-earnings ratio of 39.38, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69.

Walmart (NYSE:WMT - Get Free Report) last posted 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. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The firm had revenue of $180.55 billion for the quarter, compared to the consensus estimate of $178.83 billion. Research analysts predict 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. Investors of record on Friday, December 12th will be given a $0.235 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.99%. Walmart's dividend payout ratio (DPR) is presently 39.00%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Roth Mkm reaffirmed a "buy" rating and set a $108.00 price target (up previously from $97.00) on shares of Walmart in a research report on Friday, February 21st. Barclays reiterated an "overweight" rating on shares of Walmart in a report on Friday, February 28th. Mizuho initiated coverage on shares of Walmart in a research report on Friday, April 11th. They issued an "outperform" rating and a $105.00 target price on the stock. The Goldman Sachs Group reiterated a "buy" rating on shares of Walmart in a research report on Wednesday, March 26th. Finally, DZ Bank raised shares of Walmart from a "hold" rating to a "buy" rating and set a $110.00 price objective for the company in a research report on Tuesday, February 25th. Three equities research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and a consensus target price 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.

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