Silvia Mccoll Wealth Management LLC Has $1.35 Million Stake in Walmart Inc. (NYSE:WMT)

Silvia Mccoll Wealth Management LLC lifted its position in shares of Walmart Inc. (NYSE:WMT) by 1.0% during the first quarter, Holdings Channel.com reports. The firm owned 15,395 shares of the retailer’s stock after buying an additional 149 shares during the quarter. Walmart accounts for 1.0% of Silvia Mccoll Wealth Management LLC’s portfolio, making the stock its 23rd biggest holding. Silvia Mccoll Wealth Management LLC’s holdings in Walmart were worth $1,352,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in WMT. FPC Investment Advisory Inc. bought a new position in Walmart during the 4th quarter worth $25,000. Horizon Financial Services LLC boosted its holdings in shares of Walmart by 1,007.7% during the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer’s stock valued at $26,000 after acquiring an additional 262 shares in the last quarter. Fiduciary Advisors Inc. acquired a new stake in shares of Walmart during the 4th quarter valued at $27,000. Noble Wealth Management PBC acquired a new stake in shares of Walmart during the 4th quarter valued at $37,000. Finally, Mizuho Bank Ltd. acquired a new stake in shares of Walmart during the 4th quarter valued at $41,000. Institutional investors own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on WMT. Raymond James cut their price objective on Walmart from $115.00 to $105.00 and set an “outperform” rating on the stock in a report on Friday, April 11th. The Goldman Sachs Group reissued a “buy” rating on shares of Walmart in a report on Wednesday, March 26th. Stifel Nicolaus cut 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. Citigroup reaffirmed a “buy” rating on shares of Walmart in a report on Tuesday, May 6th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Walmart in a report on Monday, May 5th. Two research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Walmart has an average rating of “Moderate Buy” and a consensus price target of $104.94.

Walmart Stock Performance

WMT stock opened at $97.04 on Friday. The firm has a market cap of $776.43 billion, a PE ratio of 40.27, a P/E/G ratio of 4.42 and a beta of 0.70. 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 business has a 50 day moving average of $93.19 and a 200-day moving average of $93.26. Walmart Inc. has a 12-month low of $64.16 and a 12-month high of $105.30.

Walmart (NYSE:WMT) last released its earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.03. The company had revenue of $165.61 billion during the quarter, compared to analyst estimates of $164.53 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. Walmart’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 earnings per share. As a group, sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th were given a dividend of $0.235 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a dividend yield of 0.95%. Walmart’s dividend payout ratio is currently 40.17%.

Insiders Place Their Bets

In related news, CEO C Douglas Mcmillon sold 29,148 shares of the stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $96.58, for a total value of $2,815,113.84. Following the sale, the chief executive officer now owns 4,451,199 shares in the company, valued at approximately $429,896,799.42. This trade represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Daniel J. Bartlett sold 1,760 shares of the stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $94.82, for a total value of $166,883.20. Following the completion of the sale, the executive vice president now owns 520,275 shares in the company, valued at $49,332,475.50. This trade represents a 0.34% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 135,334 shares of company stock worth $12,615,864 over the last 90 days. Corporate insiders own 45.58% of the company’s stock.

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.