2,250 Shares in Walmart Inc. (NYSE:WMT) Purchased by Sava Infond d.o.o.

Sava Infond d.o.o. bought a new stake in Walmart Inc. (NYSE:WMT) during the fourth quarter, HoldingsChannel.com reports. The fund bought 2,250 shares of the retailer’s stock, valued at approximately $203,000.

Several other hedge funds also recently modified their holdings of WMT. FPC Investment Advisory Inc. purchased a new stake in Walmart in the 4th quarter worth approximately $25,000. Fiduciary Advisors Inc. purchased a new position in shares of Walmart during the 4th quarter worth $27,000. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart during the fourth quarter worth $32,000. Noble Wealth Management PBC purchased a new stake in shares of Walmart in the fourth quarter valued at $37,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of Walmart in the third quarter valued at $43,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Up 0.5 %

Shares of NYSE WMT opened at $85.62 on Friday. 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 Inc. has a 1 year low of $58.56 and a 1 year high of $105.30. The stock’s 50-day simple moving average is $94.76 and its 200-day simple moving average is $89.20. The firm has a market cap of $686.37 billion, a price-to-earnings ratio of 35.53, a PEG ratio of 4.42 and a beta of 0.53.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping 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 company had revenue of $180.55 billion for the quarter, compared to the consensus estimate of $178.83 billion. As a group, equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

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 issued a $0.235 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.94 annualized dividend and a yield of 1.10%. Walmart’s dividend payout ratio is presently 39.00%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. JPMorgan Chase & Co. raised their price target on Walmart from $97.00 to $112.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. Truist Financial increased their price objective on shares of Walmart from $98.00 to $111.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. Evercore ISI lowered their target price on shares of Walmart from $107.00 to $100.00 and set an “outperform” rating for the company in a report on Tuesday, March 11th. Royal Bank of Canada dropped their price target on shares of Walmart from $109.00 to $107.00 and set an “outperform” rating for the company in a research report on Friday, February 21st. Finally, Barclays reiterated an “overweight” rating on shares of Walmart in a report on Friday, February 28th. Two research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $103.17.

Insider Buying and Selling at Walmart

In related news, EVP Daniel J. Bartlett sold 1,600 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total value of $166,384.00. Following the completion of the sale, the executive vice president now directly owns 423,597 shares of the company’s stock, valued at $44,049,852.03. The trade was a 0.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $92.96, for a total value of $1,220,100.00. Following the transaction, the executive vice president now directly owns 568,626 shares in the company, valued at approximately $52,859,472.96. This represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 147,528 shares of company stock worth $14,096,140 in the last ninety days. 45.58% of the stock is owned by 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.