Radnor Capital Management LLC Grows Position in Walmart Inc. (NYSE:WMT)

Radnor Capital Management LLC raised its position in shares of Walmart Inc. (NYSE:WMT) by 0.6% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 71,246 shares of the retailer’s stock after purchasing an additional 411 shares during the quarter. Walmart comprises about 1.0% of Radnor Capital Management LLC’s investment portfolio, making the stock its 16th biggest holding. Radnor Capital Management LLC’s holdings in Walmart were worth $6,255,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Disciplined Investments LLC lifted its stake in shares of Walmart by 55.6% in the 1st quarter. Disciplined Investments LLC now owns 31,046 shares of the retailer’s stock valued at $2,726,000 after purchasing an additional 11,096 shares during the last quarter. Horizon Wealth Management LLC lifted its stake in shares of Walmart by 12.3% in the 1st quarter. Horizon Wealth Management LLC now owns 3,533 shares of the retailer’s stock valued at $310,000 after purchasing an additional 387 shares during the last quarter. Constitution Capital LLC lifted its stake in shares of Walmart by 1.1% in the 1st quarter. Constitution Capital LLC now owns 95,151 shares of the retailer’s stock valued at $8,353,000 after purchasing an additional 1,035 shares during the last quarter. Sard Wealth Management Group LLC lifted its stake in shares of Walmart by 10.2% in the 1st quarter. Sard Wealth Management Group LLC now owns 3,294 shares of the retailer’s stock valued at $289,000 after purchasing an additional 306 shares during the last quarter. Finally, Arkfeld Wealth Strategies L.L.C. lifted its stake in shares of Walmart by 46.8% in the 1st quarter. Arkfeld Wealth Strategies L.L.C. now owns 34,920 shares of the retailer’s stock valued at $3,129,000 after purchasing an additional 11,127 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Stock Down 0.5%

Shares of WMT stock opened at $97.46 on Friday. Walmart Inc. has a 1-year low of $65.64 and a 1-year high of $105.30. The stock’s fifty day moving average price is $94.71 and its 200 day moving average price is $93.84. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. The company has a market cap of $779.77 billion, a price-to-earnings ratio of 40.44, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69.

Walmart (NYSE:WMT) last announced its earnings results 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. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The firm had revenue of $165.61 billion for the quarter, compared to the consensus estimate of $164.53 billion. During the same period in the previous year, the business earned $0.60 EPS. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on WMT shares. Citigroup reaffirmed a “buy” rating on shares of Walmart in a research note on Tuesday, May 6th. DA Davidson reaffirmed a “buy” rating and issued a $117.00 price objective on shares of Walmart in a research note on Friday, May 16th. Stifel Nicolaus decreased their price target on Walmart from $93.00 to $91.00 and set a “hold” rating for the company in a research note on Wednesday, April 9th. Wall Street Zen raised Walmart from a “hold” rating to a “buy” rating in a research note on Monday, May 12th. Finally, Erste Group Bank lowered Walmart from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 17th. Two research analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $105.16.

Insider Buying and Selling

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the business’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $88.66, for a total transaction of $195,052.00. Following the sale, the executive vice president now owns 398,024 shares in the company, valued at approximately $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 can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $85.63, for a total value of $2,493,888.12. Following the sale, the chief executive officer now owns 3,972,517 shares in the company, valued at approximately $340,166,630.71. The trade was a 0.73% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 137,534 shares of company stock worth $12,833,664 in the last ninety days. 45.58% of the stock is owned by insiders.

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.