497,899 Shares in Walmart Inc. (NYSE:WMT) Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC purchased a new position in shares of Walmart Inc. (NYSE:WMT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 497,899 shares of the retailer’s stock, valued at approximately $44,985,000. Walmart comprises 0.6% of Susquehanna Fundamental Investments LLC’s investment portfolio, making the stock its 6th largest holding.

Other large investors also recently bought and sold shares of the company. Virtus ETF Advisers LLC acquired a new position in shares of Walmart in the 4th quarter valued at about $1,256,000. Gilder Gagnon Howe & Co. LLC raised its holdings in Walmart by 21.9% in the fourth quarter. Gilder Gagnon Howe & Co. LLC now owns 67,179 shares of the retailer’s stock valued at $6,070,000 after buying an additional 12,059 shares during the period. Coldstream Capital Management Inc. lifted its position in Walmart by 1.8% during the fourth quarter. Coldstream Capital Management Inc. now owns 139,524 shares of the retailer’s stock valued at $12,606,000 after buying an additional 2,506 shares in the last quarter. UP Strategic Wealth Investment Advisors LLC grew its stake in Walmart by 14.9% during the fourth quarter. UP Strategic Wealth Investment Advisors LLC now owns 11,508 shares of the retailer’s stock worth $1,040,000 after buying an additional 1,493 shares during the period. Finally, Rothschild Capital Partners LLC acquired a new stake in shares of Walmart in the fourth quarter worth $488,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Evercore ISI reduced their target price on shares of Walmart from $107.00 to $100.00 and set an “outperform” rating on the stock in a report on Tuesday, March 11th. Robert W. Baird boosted their price objective on Walmart from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 18th. UBS Group lowered their target price on Walmart from $112.00 to $110.00 and set a “buy” rating for the company in a research note on Thursday, April 10th. Stifel Nicolaus dropped their target price on Walmart from $93.00 to $91.00 and set a “hold” rating on the stock in a report on Wednesday, April 9th. Finally, DZ Bank upgraded Walmart from a “hold” rating to a “buy” rating and set a $110.00 price target for the company in a report on Tuesday, February 25th. Three investment analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and a consensus target price of $103.58.

Insider Activity at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $96.95, for a total value of $2,823,571.80. Following the sale, the chief executive officer now directly owns 3,558,247 shares in the company, valued at $344,972,046.65. This trade represents a 0.81 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,600 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total value of $166,384.00. Following the transaction, the executive vice president now owns 423,597 shares of the company’s stock, valued at $44,049,852.03. This trade represents a 0.38 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 140,533 shares of company stock worth $13,241,740 in the last ninety days. 45.58% of the stock is owned by insiders.

Walmart Trading Down 0.9 %

Walmart stock opened at $95.02 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’s 50-day moving average is $90.58 and its 200-day moving average is $90.76. Walmart Inc. has a 1 year low of $58.58 and a 1 year high of $105.30. The company has a market cap of $761.76 billion, a P/E ratio of 39.43, a PEG ratio of 4.42 and a beta of 0.69.

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. The business had revenue of $180.55 billion for the quarter, compared to the consensus estimate of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. On average, equities analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be given a dividend of $0.235 per share. The ex-dividend date is Friday, December 12th. This represents a $0.94 annualized dividend and a dividend yield of 0.99%. Walmart’s dividend payout ratio 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.