Walmart Inc. (NYSE:WMT) Shares Bought by Horrell Capital Management Inc.

Horrell Capital Management Inc. grew its position in shares of Walmart Inc. (NYSE:WMT) by 0.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 86,603 shares of the retailer’s stock after acquiring an additional 228 shares during the quarter. Walmart comprises 2.3% of Horrell Capital Management Inc.’s portfolio, making the stock its 11th biggest position. Horrell Capital Management Inc.’s holdings in Walmart were worth $7,825,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Crowley Wealth Management Inc. purchased a new stake in shares of Walmart in the fourth quarter worth about $326,000. Vanguard Group Inc. boosted its position in shares of Walmart by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer’s stock worth $38,194,278,000 after buying an additional 2,050,683 shares during the period. Napatree Capital LLC boosted its position in shares of Walmart by 13.2% in the fourth quarter. Napatree Capital LLC now owns 16,218 shares of the retailer’s stock worth $1,465,000 after buying an additional 1,887 shares during the period. Stevens Capital Management LP boosted its position in shares of Walmart by 10.8% in the fourth quarter. Stevens Capital Management LP now owns 17,894 shares of the retailer’s stock worth $1,617,000 after buying an additional 1,745 shares during the period. Finally, M Holdings Securities Inc. purchased a new stake in shares of Walmart in the fourth quarter worth about $333,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Up 0.1 %

Shares of Walmart stock opened at $85.94 on Monday. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. The business’s 50 day simple moving average is $95.19 and its 200-day simple moving average is $89.12. The stock has a market capitalization of $688.93 billion, a price-to-earnings ratio of 35.66, a PEG ratio of 4.42 and a beta of 0.53. Walmart Inc. has a twelve month low of $58.56 and a twelve month high of $105.30.

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

Walmart Dividend Announcement

The firm also recently announced 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 1.09%. The ex-dividend date is Friday, December 12th. Walmart’s dividend payout ratio is currently 39.00%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. UBS Group reaffirmed a “buy” rating on shares of Walmart in a research report on Friday, February 28th. Jefferies Financial Group increased their price target on Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. JPMorgan Chase & Co. increased their price target on Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Barclays reissued an “overweight” rating on shares of Walmart in a report on Friday, February 28th. Finally, Oppenheimer increased their price target on Walmart from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. Two research analysts have rated the stock with a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average price target of $103.17.

Insider Activity at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total value of $343,800.00. Following the sale, the executive vice president now directly owns 888,309 shares in the company, valued at $76,350,158.55. This trade represents a 0.45 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 value of $166,658.10. Following the completion of the sale, the executive vice president now owns 460,705 shares in the company, valued at approximately $41,956,404.35. This represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 189,777 shares of company stock worth $18,001,116 in the last three months. 45.58% of the stock is owned by company insiders.

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.