Walmart Inc. (NYSE:WMT) Shares Bought by Waterloo Capital L.P.

Waterloo Capital L.P. lifted its stake in Walmart Inc. (NYSE:WMT - Free Report) by 18.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 304,843 shares of the retailer's stock after buying an additional 47,140 shares during the period. Walmart comprises approximately 2.9% of Waterloo Capital L.P.'s holdings, making the stock its 2nd largest holding. Waterloo Capital L.P.'s holdings in Walmart were worth $27,543,000 as of its most recent SEC filing.

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

Insider Activity

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $92.62, for a total value of $2,697,464.88. Following the transaction, the chief executive officer now directly owns 3,766,491 shares of the company's stock, valued at $348,852,396.42. This represents a 0.77 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,600 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total value of $166,384.00. Following the sale, the executive vice president now owns 423,597 shares of the company's stock, valued at approximately $44,049,852.03. This represents a 0.38 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 178,852 shares of company stock valued at $16,785,080 over the last ninety days. 45.58% of the stock is currently owned by company insiders.

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Walmart Stock Performance

WMT stock traded down $4.17 during trading hours on Friday, reaching $83.09. The stock had a trading volume of 36,185,150 shares, compared to its average volume of 17,182,696. The stock has a 50-day simple moving average of $94.01 and a 200 day simple moving average of $89.67. Walmart Inc. has a fifty-two week low of $58.56 and a fifty-two week high of $105.30. The stock has a market capitalization of $666.12 billion, a PE ratio of 34.48, 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 current ratio of 0.82 and a quick ratio of 0.23.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $178.83 billion. Analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be given a $0.235 dividend. This represents a $0.94 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend is Friday, December 12th. Walmart's payout ratio is presently 39.00%.

Wall Street Analyst Weigh In

WMT has been the topic of several research analyst reports. KeyCorp increased their target price on Walmart from $100.00 to $105.00 and gave the stock an "overweight" rating in a report on Friday, February 21st. Jefferies Financial Group increased their price objective on shares of Walmart from $105.00 to $111.00 and gave the stock a "buy" rating in a report on Tuesday, December 17th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Walmart in a research note on Wednesday, March 26th. Stifel Nicolaus reduced their target price on shares of Walmart from $99.00 to $93.00 and set a "hold" rating on the stock in a research report on Thursday, March 20th. Finally, Evercore ISI lowered their price target on shares of Walmart from $107.00 to $100.00 and set an "outperform" rating for the company in a report on Tuesday, March 11th. Two 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 data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $103.17.

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.