XTX Topco Ltd Invests $5.43 Million in Walmart Inc. (NYSE:WMT)

XTX Topco Ltd purchased a new stake in Walmart Inc. (NYSE:WMT - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 60,043 shares of the retailer's stock, valued at approximately $5,425,000. Walmart makes up 0.4% of XTX Topco Ltd's investment portfolio, making the stock its 6th largest holding.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. boosted its holdings in Walmart by 14.9% in the 3rd quarter. Principal Financial Group Inc. now owns 6,235,504 shares of the retailer's stock valued at $503,517,000 after purchasing an additional 809,352 shares during the last quarter. Virtu Financial LLC purchased a new position in Walmart in the third quarter worth approximately $541,000. SOA Wealth Advisors LLC. increased its stake in Walmart by 4.2% during the third quarter. SOA Wealth Advisors LLC. now owns 9,052 shares of the retailer's stock worth $731,000 after acquiring an additional 364 shares during the last quarter. Aldebaran Financial Inc. raised its position in Walmart by 10.9% in the third quarter. Aldebaran Financial Inc. now owns 22,250 shares of the retailer's stock valued at $1,797,000 after purchasing an additional 2,191 shares during the period. Finally, Tudor Financial Inc. purchased a new stake in Walmart in the third quarter valued at $504,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Buying and Selling

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the company's stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $92.62, for a total transaction of $2,697,464.88. Following the completion of the sale, 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 at the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred 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 transaction, the executive vice president now owns 568,626 shares in the company, valued at $52,859,472.96. This trade represents a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 178,852 shares of company stock worth $16,785,080 in the last 90 days. Company insiders own 45.58% of the company's stock.

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Analyst Upgrades and Downgrades

A number of analysts recently issued reports on WMT shares. Oppenheimer cut their price objective on Walmart from $110.00 to $95.00 and set an "outperform" rating for the company in a research report on Monday, April 7th. Mizuho initiated coverage on shares of Walmart in a research report on Friday. They set an "outperform" rating and a $105.00 price target for the company. Stifel Nicolaus decreased their price objective on shares of Walmart from $93.00 to $91.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. Royal Bank of Canada lowered their price objective on shares of Walmart from $107.00 to $102.00 and set an "outperform" rating for the company in a research report on Thursday, April 10th. Finally, Guggenheim reissued a "buy" rating and issued a $100.00 target price on shares of Walmart in a research report on Monday, February 24th. Three research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $103.58.

Walmart Stock Performance

WMT traded down $0.76 on Tuesday, reaching $93.97. The company had a trading volume of 21,858,513 shares, compared to its average volume of 17,742,921. 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 Inc. has a 1 year low of $58.56 and a 1 year high of $105.30. The stock has a market capitalization of $753.38 billion, a PE ratio of 38.99, a P/E/G ratio of 4.42 and a beta of 0.69. The stock has a 50-day moving average price of $92.27 and a 200-day moving average price of $90.06.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results 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 during the quarter, compared to the consensus estimate of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. As a group, research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be given a $0.235 dividend. 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 39.00%.

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.