49,321 Shares in Walmart Inc. (NYSE:WMT) Acquired by GWN Securities Inc.

GWN Securities Inc. acquired a new position in shares of Walmart Inc. (NYSE:WMT) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 49,321 shares of the retailer’s stock, valued at approximately $4,658,000. Walmart comprises about 1.2% of GWN Securities Inc.’s investment portfolio, making the stock its 12th biggest position.

Other institutional investors also recently bought and sold shares of the company. Glenview Trust co boosted its position in shares of Walmart by 1.0% in the 4th quarter. Glenview Trust co now owns 844,600 shares of the retailer’s stock worth $76,310,000 after buying an additional 8,687 shares in the last quarter. Facet Wealth Inc. raised its position in Walmart by 8.8% during the fourth quarter. Facet Wealth Inc. now owns 7,216 shares of the retailer’s stock worth $652,000 after acquiring an additional 582 shares during the last quarter. Harbour Investments Inc. lifted its holdings in shares of Walmart by 5.9% in the fourth quarter. Harbour Investments Inc. now owns 55,827 shares of the retailer’s stock valued at $5,044,000 after purchasing an additional 3,118 shares in the last quarter. CV Advisors LLC grew its position in shares of Walmart by 0.4% in the fourth quarter. CV Advisors LLC now owns 28,868 shares of the retailer’s stock valued at $2,608,000 after purchasing an additional 120 shares during the last quarter. Finally, Tumwater Wealth Management LLC purchased a new position in shares of Walmart during the 4th quarter worth approximately $293,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Walmart Stock Performance

Shares of WMT stock opened at $85.29 on Friday. The company’s fifty day simple moving average is $95.74 and its 200-day simple moving average is $88.71. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. Walmart Inc. has a 52 week low of $58.56 and a 52 week high of $105.30. The company has a market cap of $685.19 billion, a PE ratio of 35.39, a P/E/G ratio of 4.42 and a beta of 0.53.

Walmart (NYSE:WMT) 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 return on equity of 21.87% and a net margin of 2.85%. The company had revenue of $180.55 billion for the quarter, compared to analysts’ expectations of $178.83 billion. As a group, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be given a $0.235 dividend. This represents a $0.94 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s dividend payout ratio (DPR) is 39.00%.

Insider Activity

In other Walmart news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $92.60, for a total transaction of $1,215,375.00. Following the sale, the executive vice president now directly owns 566,794 shares in the company, valued at $52,485,124.40. The trade was a 2.26 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John D. Rainey sold 38,000 shares of Walmart stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the completion of the sale, the executive vice president now owns 257,281 shares of the company’s stock, valued at approximately $25,419,362.80. This trade represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 185,777 shares of company stock worth $17,657,316 over the last 90 days. Company insiders own 45.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on WMT. Bank of America upped their target price on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Truist Financial upped their price objective on Walmart from $98.00 to $111.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. Wells Fargo & Company lifted their price objective on Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. UBS Group restated a “buy” rating on shares of Walmart in a report on Friday, February 28th. Finally, Citigroup reiterated a “positive” rating on shares of Walmart in a report on Thursday, February 20th. One investment analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Walmart presently has an average rating of “Buy” and an average target price of $103.20.

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.