Schnieders Capital Management LLC Lowers Stock Holdings in Walmart Inc. (NYSE:WMT)

Schnieders Capital Management LLC reduced its position in shares of Walmart Inc. (NYSE:WMT) by 14.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 99,990 shares of the retailer’s stock after selling 17,225 shares during the period. Walmart comprises about 1.8% of Schnieders Capital Management LLC’s holdings, making the stock its 15th largest holding. Schnieders Capital Management LLC’s holdings in Walmart were worth $9,034,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brophy Wealth Management LLC purchased a new position in shares of Walmart during the third quarter worth $2,072,000. Bank of New Hampshire boosted its holdings in Walmart by 13.7% in the fourth quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock valued at $4,332,000 after purchasing an additional 5,786 shares during the period. Iowa State Bank boosted its holdings in Walmart by 213.8% in the fourth quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock valued at $2,422,000 after purchasing an additional 18,263 shares during the period. Fisher Asset Management LLC boosted its holdings in Walmart by 4.6% in the third quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock valued at $3,848,533,000 after purchasing an additional 2,107,197 shares during the period. Finally, Virtu Financial LLC purchased a new position in Walmart in the third quarter valued at $541,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Walmart

In related news, EVP John D. Rainey sold 3,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $92.47, for a total value of $277,410.00. Following the transaction, the executive vice president now owns 375,165 shares in the company, valued at $34,691,507.55. The trade was a 0.79 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $92.35, for a total value of $2,689,601.40. Following the completion of the transaction, the chief executive officer now owns 3,785,702 shares in the company, valued at $349,609,579.70. This trade represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 146,528 shares of company stock worth $13,849,185 in the last quarter. Company insiders own 45.58% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. StockNews.com lowered Walmart from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 20th. Robert W. Baird lifted their target price on Walmart from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, February 18th. Roth Mkm reiterated a “buy” rating and issued a $108.00 target price (up from $97.00) on shares of Walmart in a report on Friday, February 21st. TD Cowen lifted their target price on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. lifted their target price on Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a report on Monday, February 10th. One analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $103.07.

Walmart Stock Down 1.6 %

WMT opened at $96.11 on Thursday. The stock has a market capitalization of $772.10 billion, a P/E ratio of 39.88, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55. Walmart Inc. has a one year low of $58.20 and a one year high of $105.30. The business’s 50-day simple moving average is $95.70 and its 200-day simple moving average is $87.17. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.02. The firm had revenue of $180.55 billion for the quarter, compared to analysts’ expectations of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. Analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be given a $0.235 dividend. This represents a $0.94 annualized dividend and a yield of 0.98%. The ex-dividend date is Friday, December 12th. Walmart’s dividend payout ratio (DPR) is presently 39.00%.

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.