VSM Wealth Advisory LLC Buys Shares of 4,572 Walmart Inc. (NYSE:WMT)

VSM Wealth Advisory LLC bought a new stake in Walmart Inc. (NYSE:WMT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,572 shares of the retailer’s stock, valued at approximately $413,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. OVERSEA CHINESE BANKING Corp Ltd grew its position in Walmart by 36.0% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 191,184 shares of the retailer’s stock valued at $17,291,000 after acquiring an additional 50,578 shares during the last quarter. Brooklyn FI LLC acquired a new stake in shares of Walmart during the fourth quarter valued at about $2,284,000. Compass Ion Advisors LLC boosted its stake in shares of Walmart by 10.0% during the fourth quarter. Compass Ion Advisors LLC now owns 7,936 shares of the retailer’s stock valued at $717,000 after purchasing an additional 723 shares in the last quarter. Enhancing Capital LLC acquired a new stake in shares of Walmart during the fourth quarter valued at about $1,491,000. Finally, Xponance Inc. boosted its stake in shares of Walmart by 5.3% during the fourth quarter. Xponance Inc. now owns 689,995 shares of the retailer’s stock valued at $62,341,000 after purchasing an additional 34,931 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Trading Down 2.2 %

NYSE WMT opened at $85.53 on Wednesday. The business has a 50 day moving average price of $95.56 and a 200-day moving average price of $88.93. 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 $687.13 billion, a price-to-earnings ratio of 35.49, a P/E/G ratio of 4.42 and a beta of 0.53. 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) last announced its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.02. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The business had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. As a group, equities analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be issued a dividend of $0.235 per share. The ex-dividend date is Friday, December 12th. This represents a $0.94 annualized dividend and a yield of 1.10%. Walmart’s dividend payout ratio (DPR) is currently 39.00%.

Insider Buying and Selling

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $92.35, for a total value of $2,689,601.40. Following the transaction, the chief executive officer now owns 3,785,702 shares of the company’s stock, valued at approximately $349,609,579.70. The trade was a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $92.60, for a total value of $1,215,375.00. Following the completion of the transaction, the executive vice president now directly owns 566,794 shares in the company, valued at approximately $52,485,124.40. This represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 185,777 shares of company stock worth $17,657,316. 45.58% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently commented on WMT shares. Telsey Advisory Group reissued an “outperform” rating on shares of Walmart in a research note on Friday, February 28th. KeyCorp lifted their price target on Walmart from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Friday, February 21st. UBS Group reissued a “buy” rating on shares of Walmart in a research note on Friday, February 28th. Erste Group Bank lowered Walmart from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, Guggenheim reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Walmart in a research note on Monday, February 24th. 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.com, Walmart currently has an average rating of “Moderate Buy” and a consensus price target 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.