Dynamic Technology Lab Private Ltd Sells 20,313 Shares of Walmart Inc. (NYSE:WMT)

Dynamic Technology Lab Private Ltd lessened its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 82.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,200 shares of the retailer's stock after selling 20,313 shares during the period. Dynamic Technology Lab Private Ltd's holdings in Walmart were worth $379,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of WMT. Aviva PLC raised its stake in Walmart by 13.2% during the 4th quarter. Aviva PLC now owns 2,661,007 shares of the retailer's stock worth $240,422,000 after acquiring an additional 309,285 shares in the last quarter. Mizuho Bank Ltd. purchased a new stake in shares of Walmart in the 4th quarter valued at about $41,000. Gladstone Capital Management LLP purchased a new position in Walmart during the 4th quarter worth approximately $33,337,000. Resona Asset Management Co. Ltd. acquired a new position in Walmart during the fourth quarter worth approximately $129,992,000. Finally, ROI Financial Advisors LLC lifted its stake in Walmart by 10.6% in the fourth quarter. ROI Financial Advisors LLC now owns 43,164 shares of the retailer's stock valued at $3,900,000 after buying an additional 4,138 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insider Transactions at Walmart

In other news, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total value of $1,220,100.00. Following the completion of the sale, the executive vice president now directly owns 568,626 shares in the company, valued at approximately $52,859,472.96. The trade was a 2.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction that occurred on Wednesday, March 19th. The shares were 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 position. The disclosure for this sale can be found here. Insiders sold 178,852 shares of company stock valued at $16,785,080 over the last three months. 45.58% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. DZ Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating and set a $110.00 target price for the company in a research note on Tuesday, February 25th. Guggenheim reaffirmed a "buy" rating and issued a $100.00 price objective on shares of Walmart in a report on Monday, February 24th. Oppenheimer reduced their target price on Walmart from $110.00 to $95.00 and set an "outperform" rating for the company in a report on Monday, April 7th. 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. Finally, Telsey Advisory Group reissued an "outperform" rating and set a $115.00 price target on shares of Walmart in a research note on Thursday. Three research analysts have rated the stock with a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Walmart currently has a consensus rating of "Moderate Buy" and a consensus target price of $103.58.

Walmart Trading Up 1.4 %

Shares of Walmart stock traded up $1.26 on Monday, reaching $94.06. 4,709,222 shares of the company were exchanged, compared to its average volume of 17,609,063. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. Walmart Inc. has a fifty-two week low of $58.56 and a fifty-two week high of $105.30. The firm has a market capitalization of $754.06 billion, a price-to-earnings ratio of 39.03, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69. The stock has a fifty day moving average price of $92.43 and a 200-day moving average price of $89.95.

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

Walmart Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be paid a dividend of $0.235 per share. The ex-dividend date is Friday, December 12th. This represents a $0.94 annualized dividend and a yield of 1.00%. Walmart's dividend payout ratio (DPR) is presently 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.