Insigneo Advisory Services LLC Trims Stock Holdings in Walmart Inc. (NYSE:WMT)

Insigneo Advisory Services LLC trimmed its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 7.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,779 shares of the retailer's stock after selling 3,825 shares during the quarter. Insigneo Advisory Services LLC's holdings in Walmart were worth $4,226,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in WMT. Vanguard Group Inc. boosted its position in shares of Walmart by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer's stock valued at $38,194,278,000 after acquiring an additional 2,050,683 shares during the last quarter. Geode Capital Management LLC raised its stake in Walmart by 3.4% during 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 purchasing an additional 3,017,829 shares in the last quarter. Norges Bank purchased a new stake in Walmart during the fourth quarter valued at $5,737,355,000. Fisher Asset Management LLC lifted 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 valued at $4,408,452,000 after purchasing an additional 1,133,201 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Walmart by 1.2% in the 4th quarter. Franklin Resources Inc. now owns 42,015,818 shares of the retailer's stock worth $3,796,129,000 after buying an additional 514,036 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Stock Performance

Walmart stock traded up $1.98 during trading hours on Friday, hitting $93.17. 21,350,174 shares of the stock traded hands, compared to its average volume of 17,819,973. The firm's 50 day moving average price is $91.52 and its 200-day moving average price is $90.26. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. The stock has a market capitalization of $746.93 billion, a price-to-earnings ratio of 38.66, a P/E/G ratio of 4.42 and a beta of 0.69. Walmart Inc. has a 1 year low of $58.56 and a 1 year high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, topping 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 business had revenue of $180.55 billion for the quarter, compared to analysts' expectations of $178.83 billion. As a group, equities analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be given a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date is Friday, December 12th. Walmart's dividend payout ratio is presently 39.00%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Oppenheimer reduced their price objective on Walmart from $110.00 to $95.00 and set an "outperform" rating on the stock in a research note on Monday, April 7th. Morgan Stanley reaffirmed an "overweight" rating and set a $115.00 price target (up from $106.00) on shares of Walmart in a research note on Thursday, February 13th. Erste Group Bank lowered shares of Walmart from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 17th. StockNews.com downgraded shares of Walmart from a "buy" rating to a "hold" rating in a research note on Thursday. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and set a $115.00 target price on shares of Walmart in a research note on Thursday, April 10th. Three equities research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Walmart has a consensus rating of "Moderate Buy" and an average price target of $103.58.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total transaction of $1,220,100.00. Following the sale, the executive vice president now directly owns 568,626 shares in the company, valued at $52,859,472.96. This represents a 2.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Daniel J. Bartlett sold 1,760 shares of the firm's stock in a transaction that occurred 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 transaction, the executive vice president now directly owns 520,275 shares of the company's stock, valued at approximately $49,332,475.50. The trade was a 0.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 178,782 shares of company stock valued at $16,785,305 over the last quarter. 45.58% of the stock is owned by company insiders.

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.