WINTON GROUP Ltd Sells 18,147 Shares of Walmart Inc. (NYSE:WMT)

WINTON GROUP Ltd trimmed its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 26.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 51,583 shares of the retailer's stock after selling 18,147 shares during the quarter. WINTON GROUP Ltd's holdings in Walmart were worth $4,661,000 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. raised its position in shares of Walmart by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer's stock worth $38,194,278,000 after buying an additional 2,050,683 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Walmart by 3.3% in the 3rd quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer's stock valued at $7,048,465,000 after acquiring an additional 2,786,061 shares in the last quarter. Fisher Asset Management LLC boosted its position in shares of Walmart by 2.4% during the 4th quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock valued at $4,408,452,000 after acquiring an additional 1,133,201 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Walmart by 3.7% during the third quarter. Franklin Resources Inc. now owns 41,501,782 shares of the retailer's stock worth $3,392,658,000 after purchasing an additional 1,480,927 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Walmart by 14.0% in the fourth quarter. Bank of New York Mellon Corp now owns 32,020,800 shares of the retailer's stock worth $2,893,079,000 after purchasing an additional 3,927,173 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

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Insider Activity

In other Walmart news, EVP Daniel J. Bartlett sold 1,830 shares of the company's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the sale, the executive vice president now owns 460,705 shares in the company, valued at approximately $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $85.95, for a total transaction of $343,800.00. Following the transaction, the executive vice president now owns 888,309 shares of the company's stock, valued at $76,350,158.55. The trade was a 0.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 147,528 shares of company stock worth $14,096,140. Corporate insiders own 45.58% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on WMT shares. Truist Financial lifted their target price on shares of Walmart from $98.00 to $111.00 and gave the company a "buy" rating in a research report on Tuesday, February 11th. Telsey Advisory Group reiterated an "outperform" rating on shares of Walmart in a research report on Friday, February 28th. Wells Fargo & Company increased their target price on Walmart from $100.00 to $108.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Tigress Financial upped their price objective on Walmart from $86.00 to $115.00 and gave the stock a "buy" rating in a report on Friday, December 13th. Finally, Erste Group Bank lowered Walmart from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 17th. Two research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $103.17.

Walmart Trading Down 0.6 %

Shares of WMT traded down $0.55 during trading hours on Friday, reaching $85.08. 14,780,407 shares of the company traded hands, compared to its average volume of 16,910,594. Walmart Inc. has a 12 month low of $58.56 and a 12 month high of $105.30. The company has a market capitalization of $682.04 billion, a price-to-earnings ratio of 35.30, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53. The company's fifty day moving average price is $94.62 and its two-hundred day moving average price is $89.32. 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 (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.02. The business had revenue of $180.55 billion for the quarter, compared to analysts' expectations of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. Equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be issued a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date is Friday, December 12th. Walmart's dividend payout ratio (DPR) is presently 39.00%.

Walmart Company 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.