Walmart Inc. (NYSE:WMT) Holdings Reduced by Dempze Nancy E

Dempze Nancy E lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 7.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,317 shares of the retailer’s stock after selling 200 shares during the period. Dempze Nancy E’s holdings in Walmart were worth $209,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Walmart by 1.7% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 5,937 shares of the retailer’s stock worth $538,000 after purchasing an additional 98 shares in the last quarter. Coyle Financial Counsel LLC lifted its holdings in Walmart by 3.1% in the fourth quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer’s stock worth $310,000 after purchasing an additional 102 shares during the period. SC&H Financial Advisors Inc. grew its position in Walmart by 1.0% in the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer’s stock valued at $924,000 after buying an additional 103 shares in the last quarter. Blackston Financial Advisory Group LLC increased its stake in Walmart by 0.7% during the 4th quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer’s stock valued at $1,417,000 after buying an additional 106 shares during the period. Finally, Van Strum & Towne Inc. raised its position in shares of Walmart by 1.6% during the 4th quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer’s stock worth $619,000 after buying an additional 108 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Daniel J. Bartlett sold 1,830 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the completion of the sale, the executive vice president now directly owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This represents a 0.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $88.66, for a total transaction of $195,052.00. Following the transaction, the executive vice president now directly owns 398,024 shares of the company’s stock, valued at approximately $35,288,807.84. This represents a 0.55 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 178,852 shares of company stock valued at $16,785,080 over the last 90 days. 45.58% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently commented on WMT. Royal Bank of Canada dropped their target price on Walmart from $109.00 to $107.00 and set an “outperform” rating on the stock in a report on Friday, February 21st. Wells Fargo & Company raised their target price on Walmart from $100.00 to $108.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Morgan Stanley reiterated an “overweight” rating and issued a $115.00 price target (up from $106.00) on shares of Walmart in a research report on Thursday, February 13th. JPMorgan Chase & Co. raised their price objective on shares of Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a research report on Monday, February 10th. Finally, Truist Financial boosted their target price on shares of Walmart from $98.00 to $111.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. Two 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. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $103.17.

Walmart Price Performance

Shares of WMT opened at $83.09 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The firm has a market cap of $666.12 billion, a PE ratio of 34.48, a PEG ratio of 4.42 and a beta of 0.69. The firm’s 50 day moving average price is $94.01 and its 200 day moving average price is $89.52. Walmart Inc. has a twelve month low of $58.56 and a twelve month high of $105.30.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The business had revenue of $180.55 billion during the quarter, compared to analyst estimates of $178.83 billion. As a group, research analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be issued a $0.235 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.94 annualized dividend and a yield of 1.13%. Walmart’s dividend payout ratio (DPR) is currently 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.