8,108 Shares in Walmart Inc. (NYSE:WMT) Bought by denkapparat Operations GmbH

denkapparat Operations GmbH acquired a new stake in Walmart Inc. (NYSE:WMT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,108 shares of the retailer’s stock, valued at approximately $733,000. Walmart accounts for approximately 1.1% of denkapparat Operations GmbH’s investment portfolio, making the stock its 17th biggest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. Principal Financial Group Inc. boosted its holdings in Walmart by 14.9% in the third 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. Quantbot Technologies LP acquired a new stake in shares of Walmart during the third quarter worth approximately $270,000. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of Walmart by 21.7% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 561,000 shares of the retailer’s stock worth $45,301,000 after buying an additional 100,000 shares during the last quarter. BBR Partners LLC boosted its stake in Walmart by 38.2% during the 3rd quarter. BBR Partners LLC now owns 67,398 shares of the retailer’s stock valued at $5,442,000 after acquiring an additional 18,636 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Walmart by 4.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,900,850 shares of the retailer’s stock worth $153,494,000 after acquiring an additional 82,106 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

WMT has been the topic of several research analyst reports. Royal Bank of Canada reduced their price target on shares of Walmart from $109.00 to $107.00 and set an “outperform” rating on the stock in a research report on Friday, February 21st. Truist Financial upped their price target on Walmart from $98.00 to $111.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. Tigress Financial lifted their price objective on shares of Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Guggenheim reissued a “buy” rating and set a $100.00 target price on shares of Walmart in a report on Monday, February 24th. Finally, Evercore ISI decreased their price target on shares of Walmart from $107.00 to $100.00 and set an “outperform” rating for the company in a report on Tuesday, March 11th. Two equities research analysts have rated the stock with a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus target price of $103.17.

Insider Activity

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $85.95, for a total value of $343,800.00. Following the completion of the transaction, the executive vice president now owns 888,309 shares of the company’s stock, valued at approximately $76,350,158.55. This trade represents a 0.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total transaction of $1,220,100.00. Following the sale, the executive vice president now directly owns 568,626 shares in the company, valued at approximately $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 have sold 147,528 shares of company stock worth $14,096,140 over the last 90 days. 45.58% of the stock is owned by company insiders.

Walmart Trading Up 0.5 %

Walmart stock opened at $85.62 on Friday. Walmart Inc. has a 1 year low of $58.56 and a 1 year high of $105.30. The firm’s 50 day moving average price is $94.76 and its two-hundred day moving average price is $89.20. The firm has a market cap of $686.37 billion, a price-to-earnings ratio of 35.53, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating 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. On average, research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

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