Orser Capital Management LLC Buys 115 Shares of Walmart Inc. (NYSE:WMT)

Orser Capital Management LLC lifted its stake in Walmart Inc. (NYSE:WMT) by 0.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,928 shares of the retailer’s stock after buying an additional 115 shares during the period. Walmart makes up approximately 1.8% of Orser Capital Management LLC’s investment portfolio, making the stock its 16th biggest position. Orser Capital Management LLC’s holdings in Walmart were worth $2,276,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Tallon Kerry Patrick acquired a new position in shares of Walmart during the fourth quarter worth $252,000. LaFleur & Godfrey LLC lifted its stake in shares of Walmart by 1.4% in the 4th quarter. LaFleur & Godfrey LLC now owns 69,542 shares of the retailer’s stock valued at $6,283,000 after acquiring an additional 992 shares during the last quarter. Eagle Capital Management LLC lifted its stake in shares of Walmart by 9.1% in the 4th quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer’s stock valued at $349,000 after acquiring an additional 321 shares during the last quarter. Brighton Jones LLC lifted its stake in shares of Walmart by 28.8% in the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after acquiring an additional 21,939 shares during the last quarter. Finally, Union Bancaire Privee UBP SA bought a new position in shares of Walmart in the 4th quarter valued at $10,645,000. 26.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Barclays reiterated an “overweight” rating on shares of Walmart in a research note on Friday, February 28th. DZ Bank raised Walmart from a “hold” rating to a “buy” rating and set a $110.00 target price for the company in a research report on Tuesday, February 25th. Erste Group Bank lowered Walmart from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 17th. Guggenheim reaffirmed a “buy” rating and set a $100.00 target price on shares of Walmart in a research report on Monday, February 24th. Finally, DA Davidson reaffirmed a “buy” rating and set a $117.00 target price on shares of Walmart in a research report on Friday, May 16th. Two investment analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $104.94.

Walmart Price Performance

Walmart stock opened at $99.82 on Tuesday. Walmart Inc. has a 52 week low of $65.16 and a 52 week high of $105.30. The company’s 50 day moving average price is $93.76 and its two-hundred day moving average price is $93.58. 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 stock has a market cap of $798.64 billion, a P/E ratio of 41.42, a P/E/G ratio of 4.42 and a beta of 0.70.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.03. The company had revenue of $165.61 billion for the quarter, compared to analysts’ expectations of $164.53 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. Walmart’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 EPS. On average, equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

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

Insider Activity at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $88.66, for a total transaction of $195,052.00. Following the completion of the transaction, the executive vice president now directly owns 398,024 shares in the company, valued at $35,288,807.84. The trade was a 0.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $85.95, for a total transaction of $343,800.00. Following the transaction, the executive vice president now owns 888,309 shares of the company’s stock, valued at $76,350,158.55. This trade represents a 0.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 135,334 shares of company stock worth $12,615,864. Corporate insiders own 45.58% of the company’s stock.

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.