Walmart Inc. (NYSE:WMT) Shares Sold by Curi RMB Capital LLC

Curi RMB Capital LLC lowered its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 41.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,379 shares of the retailer's stock after selling 10,071 shares during the period. Curi RMB Capital LLC's holdings in Walmart were worth $1,299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of Walmart by 1.7% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 5,937 shares of the retailer's stock valued at $538,000 after purchasing an additional 98 shares in the last quarter. Coyle Financial Counsel LLC grew its stake in shares of 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 acquiring an additional 102 shares in the last quarter. SC&H Financial Advisors Inc. increased its position in shares of Walmart by 1.0% during the fourth quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer's stock worth $924,000 after acquiring an additional 103 shares during the period. Blackston Financial Advisory Group LLC raised its stake in shares of Walmart by 0.7% in the fourth quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer's stock valued at $1,417,000 after acquiring an additional 106 shares in the last quarter. Finally, Van Strum & Towne Inc. grew its stake in Walmart by 1.6% during the 4th quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer's stock worth $619,000 after purchasing an additional 108 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analysts Set New Price Targets

WMT has been the subject of several recent research reports. Royal Bank of Canada decreased their price objective on Walmart from $107.00 to $102.00 and set an "outperform" rating for the company in a research note on Thursday, April 10th. DZ Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating and set a $110.00 price target for the company in a research note on Tuesday, February 25th. Citigroup reissued a "positive" rating on shares of Walmart in a research report on Thursday, February 20th. UBS Group decreased their price objective on shares of Walmart from $112.00 to $110.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Finally, Roth Mkm reaffirmed a "buy" rating and set a $108.00 price target (up from $97.00) on shares of Walmart in a report on Friday, February 21st. 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. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $103.58.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction 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 of the company's stock, valued at approximately $344,972,046.65. This trade represents a 0.81 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 1,600 shares of the business'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 sale, the executive vice president now directly owns 423,597 shares of the company's stock, valued at approximately $44,049,852.03. This trade represents a 0.38 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 140,533 shares of company stock worth $13,241,740 over the last three months. 45.58% of the stock is currently owned by corporate insiders.

Walmart Price Performance

WMT traded up $0.64 on Thursday, hitting $95.60. 5,829,711 shares of the company were exchanged, compared to its average volume of 17,792,371. The firm has a market capitalization of $766.41 billion, a P/E ratio of 39.68, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The business's fifty day moving average is $90.91 and its 200 day moving average is $90.54. Walmart Inc. has a fifty-two week low of $58.58 and a fifty-two week high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $178.83 billion. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

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 issued a $0.235 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.98%. Walmart's dividend payout ratio (DPR) is 39.00%.

Walmart 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.