Weatherstone Capital Management purchased a new stake in Walmart Inc (NYSE:WMT) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 18,019 shares of the retailer’s stock, valued at approximately $1,692,000.
Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Walmart by 0.9% during the third quarter. Vanguard Group Inc. now owns 125,244,695 shares of the retailer’s stock worth $11,761,729,000 after purchasing an additional 1,110,593 shares during the last quarter. Vanguard Group Inc grew its holdings in shares of Walmart by 0.9% during the third quarter. Vanguard Group Inc now owns 125,244,695 shares of the retailer’s stock worth $11,761,729,000 after purchasing an additional 1,110,593 shares during the last quarter. FMR LLC grew its holdings in shares of Walmart by 1.2% during the third quarter. FMR LLC now owns 20,918,958 shares of the retailer’s stock worth $1,964,498,000 after purchasing an additional 242,074 shares during the last quarter. Oregon Public Employees Retirement Fund grew its holdings in shares of Walmart by 2,899.4% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 14,543,323 shares of the retailer’s stock worth $156,000 after purchasing an additional 14,058,442 shares during the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Walmart by 27.2% during the third quarter. AQR Capital Management LLC now owns 12,208,910 shares of the retailer’s stock worth $1,146,539,000 after purchasing an additional 2,608,732 shares during the last quarter. Hedge funds and other institutional investors own 28.96% of the company’s stock.
In other Walmart news, insider John R. Furner sold 10,427 shares of the stock in a transaction dated Wednesday, February 20th. The stock was sold at an average price of $101.81, for a total value of $1,061,572.87. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director S Robson Walton sold 500,500 shares of the stock in a transaction dated Wednesday, December 19th. The shares were sold at an average price of $92.29, for a total value of $46,191,145.00. Following the completion of the transaction, the director now directly owns 3,347,254 shares in the company, valued at approximately $308,918,071.66. The disclosure for this sale can be found here. Insiders sold 10,094,148 shares of company stock worth $986,307,308 in the last three months. Insiders own 51.11% of the company’s stock.
Shares of WMT opened at $98.42 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.23 and a debt-to-equity ratio of 0.63. Walmart Inc has a 12-month low of $81.78 and a 12-month high of $106.21. The firm has a market cap of $291.56 billion, a PE ratio of 20.04, a PEG ratio of 4.53 and a beta of 0.34.
Walmart (NYSE:WMT) last released its earnings results on Tuesday, February 19th. The retailer reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.08. Walmart had a return on equity of 18.60% and a net margin of 1.30%. The firm had revenue of $137.74 billion for the quarter, compared to analyst estimates of $137.63 billion. During the same quarter in the prior year, the firm posted $1.33 earnings per share. The company’s quarterly revenue was up 1.9% on a year-over-year basis. Research analysts anticipate that Walmart Inc will post 4.75 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Friday, May 10th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.15%. The ex-dividend date is Thursday, May 9th. Walmart’s payout ratio is 42.36%.
Several brokerages have recently commented on WMT. DZ Bank restated a “neutral” rating on shares of Walmart in a report on Tuesday, February 19th. Guggenheim restated a “buy” rating and set a $115.00 target price on shares of Walmart in a report on Tuesday, February 19th. Barclays restated a “buy” rating and set a $113.00 target price on shares of Walmart in a report on Wednesday, February 20th. JPMorgan Chase & Co. restated a “neutral” rating and set a $108.00 target price on shares of Walmart in a report on Wednesday, February 20th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $115.00 target price (up previously from $113.00) on shares of Walmart in a report on Wednesday, February 20th. One analyst has rated the stock with a sell rating, seventeen have issued a hold rating and seventeen have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $106.29.
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Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, hayneedle.com, shoes.com, moosejaw.com, modcloth.com, bonobos.com, and samsclub.com; and mobile commerce and voice-activated commerce applications.
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