3,263 Shares in Walmart Inc. (NYSE:WMT) Purchased by Tolleson Wealth Management Inc.

Tolleson Wealth Management Inc. acquired a new position in shares of Walmart Inc. (NYSE:WMT) in the 4th quarter, HoldingsChannel reports. The firm acquired 3,263 shares of the retailer’s stock, valued at approximately $295,000.

A number of other institutional investors have also made changes to their positions in WMT. Regent Peak Wealth Advisors LLC increased its position in shares of Walmart by 1.3% during the fourth quarter. Regent Peak Wealth Advisors LLC now owns 17,325 shares of the retailer’s stock valued at $1,565,000 after acquiring an additional 226 shares during the last quarter. Tallon Kerry Patrick acquired a new stake in shares of Walmart during the fourth quarter valued at about $252,000. Certified Advisory Corp increased its position in shares of Walmart by 0.9% during the fourth quarter. Certified Advisory Corp now owns 24,084 shares of the retailer’s stock valued at $2,176,000 after acquiring an additional 209 shares during the last quarter. Central Valley Advisors LLC increased its position in shares of Walmart by 0.4% during the fourth quarter. Central Valley Advisors LLC now owns 39,038 shares of the retailer’s stock valued at $3,527,000 after acquiring an additional 147 shares during the last quarter. Finally, Constitution Capital LLC increased its position in shares of Walmart by 1.8% during the fourth quarter. Constitution Capital LLC now owns 94,116 shares of the retailer’s stock valued at $8,503,000 after acquiring an additional 1,635 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of recent analyst reports. Raymond James dropped their price target on shares of Walmart from $115.00 to $105.00 and set an “outperform” rating for the company in a research report on Friday, April 11th. Roth Mkm reiterated a “buy” rating and set a $108.00 price target (up from $97.00) on shares of Walmart in a research report on Friday, February 21st. Stifel Nicolaus dropped their price target on shares of Walmart from $93.00 to $91.00 and set a “hold” rating for the company in a research report on Wednesday, April 9th. Royal Bank of Canada restated an “outperform” rating and issued a $102.00 price objective on shares of Walmart in a report on Friday. Finally, Oppenheimer lifted their price objective on shares of Walmart from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Wednesday, May 7th. Two analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $104.94.

Insider Transactions at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $88.66, for a total value of $195,052.00. Following the transaction, the executive vice president now directly owns 398,024 shares of the company’s stock, valued at $35,288,807.84. The trade was a 0.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Daniel J. Bartlett sold 1,600 shares of Walmart stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total transaction of $166,384.00. Following the completion of the transaction, the executive vice president now directly owns 423,597 shares in the company, valued at $44,049,852.03. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 133,857 shares of company stock worth $12,444,743. 45.58% of the stock is currently owned by insiders.

Walmart Stock Up 2.0%

Shares of Walmart stock opened at $98.26 on Friday. Walmart Inc. has a 52-week low of $63.87 and a 52-week high of $105.30. The company has a 50 day moving average of $91.19 and a 200 day moving average of $92.48. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $786.18 billion, a P/E ratio of 40.77, a P/E/G ratio of 4.42 and a beta of 0.70.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.03. The business had revenue of $165.61 billion during the quarter, compared to the consensus estimate of $164.53 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. During the same quarter in the previous year, the firm earned $0.60 EPS. As a group, research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th will be given a dividend of $0.235 per share. The ex-dividend date is Friday, May 9th. This represents a dividend yield of 0.95%. Walmart’s dividend payout ratio is presently 39.00%.

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.