Walmart Inc. (NYSE:WMT) Shares Bought by National Pension Service

National Pension Service lifted its holdings in Walmart Inc. (NYSE:WMTFree Report) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,883,034 shares of the retailer’s stock after acquiring an additional 99,456 shares during the quarter. Walmart accounts for 0.8% of National Pension Service’s holdings, making the stock its 18th biggest position. National Pension Service’s holdings in Walmart were worth $802,582,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of WMT. Swedbank AB lifted its stake in shares of Walmart by 0.4% in the 3rd quarter. Swedbank AB now owns 5,345,293 shares of the retailer’s stock valued at $431,632,000 after purchasing an additional 18,644 shares during the period. Investment Partners Asset Management Inc. raised its position in shares of Walmart by 27.7% in the third quarter. Investment Partners Asset Management Inc. now owns 5,737 shares of the retailer’s stock worth $463,000 after acquiring an additional 1,243 shares during the period. Concord Wealth Partners boosted its stake in shares of Walmart by 24.1% during the 3rd quarter. Concord Wealth Partners now owns 22,016 shares of the retailer’s stock worth $1,778,000 after acquiring an additional 4,269 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its position in shares of Walmart by 1.5% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 54,296 shares of the retailer’s stock valued at $4,384,000 after acquiring an additional 816 shares during the period. Finally, TCI Wealth Advisors Inc. increased its stake in shares of Walmart by 9.0% in the 3rd quarter. TCI Wealth Advisors Inc. now owns 20,591 shares of the retailer’s stock valued at $1,663,000 after purchasing an additional 1,703 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other news, EVP Daniel J. Bartlett sold 1,830 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total transaction of $166,658.10. Following the transaction, the executive vice president now directly owns 460,705 shares in the company, valued at approximately $41,956,404.35. This trade represents a 0.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John D. Rainey sold 3,000 shares of Walmart stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $92.47, for a total transaction of $277,410.00. Following the completion of the transaction, the executive vice president now directly owns 375,165 shares in the company, valued at $34,691,507.55. The trade was a 0.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 146,528 shares of company stock worth $13,849,185 over the last three months. Insiders own 45.58% of the company’s stock.

Walmart Price Performance

Shares of WMT opened at $97.81 on Wednesday. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. Walmart Inc. has a fifty-two week low of $58.18 and a fifty-two week high of $105.30. The company has a market cap of $785.78 billion, a P/E ratio of 40.59, a PEG ratio of 4.42 and a beta of 0.55. The firm’s 50 day moving average price is $95.65 and its 200 day moving average price is $87.10.

Walmart (NYSE:WMTGet Free Report) last announced its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.02. The business had revenue of $180.55 billion during 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, research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be issued a $0.235 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s dividend payout ratio (DPR) is 39.00%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on WMT. Stifel Nicolaus increased their price target on Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research report on Tuesday, December 10th. Citigroup reiterated a “positive” rating on shares of Walmart in a research report on Thursday, February 20th. Robert W. Baird boosted their price target on shares of Walmart from $100.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, February 18th. Guggenheim restated a “buy” rating and set a $100.00 price target on shares of Walmart in a research report on Monday. Finally, Wells Fargo & Company lifted their target price on shares of Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Walmart presently has a consensus rating of “Buy” and an average target price of $103.07.

View Our Latest Analysis on Walmart

Walmart Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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