Regal Investment Advisors LLC Has $7.37 Million Holdings in Walmart Inc. (NYSE:WMT)

Regal Investment Advisors LLC trimmed its position in shares of Walmart Inc. (NYSE:WMT) by 4.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 81,600 shares of the retailer’s stock after selling 3,957 shares during the period. Regal Investment Advisors LLC’s holdings in Walmart were worth $7,373,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in WMT. Principal Financial Group Inc. raised its stake in Walmart by 14.9% in the third quarter. Principal Financial Group Inc. now owns 6,235,504 shares of the retailer’s stock valued at $503,517,000 after buying an additional 809,352 shares during the period. Virtu Financial LLC bought a new position in shares of Walmart in the third quarter valued at about $541,000. SOA Wealth Advisors LLC. lifted its stake in shares of Walmart by 4.2% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 9,052 shares of the retailer’s stock worth $731,000 after buying an additional 364 shares during the last quarter. Aldebaran Financial Inc. boosted its holdings in shares of Walmart by 10.9% during the 3rd quarter. Aldebaran Financial Inc. now owns 22,250 shares of the retailer’s stock worth $1,797,000 after buying an additional 2,191 shares during the period. Finally, Tudor Financial Inc. acquired a new position in Walmart in the 3rd quarter valued at about $504,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Up 2.3 %

WMT stock opened at $94.91 on Tuesday. The firm has a 50-day moving average price of $92.27 and a 200-day moving average price of $90.06. Walmart Inc. has a 12 month low of $58.56 and a 12 month high of $105.30. 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 stock has a market capitalization of $760.88 billion, a P/E ratio of 39.38, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The business had revenue of $180.55 billion during the quarter, compared to analysts’ expectations of $178.83 billion. As a group, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be issued a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a dividend yield of 0.99%. The ex-dividend date is Friday, December 12th. Walmart’s dividend payout ratio (DPR) is 39.00%.

Insider Buying and Selling

In other news, EVP Daniel J. Bartlett sold 1,600 shares of Walmart stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total transaction of $166,384.00. Following the sale, the executive vice president now directly owns 423,597 shares of the company’s stock, valued at approximately $44,049,852.03. This trade represents a 0.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $92.96, for a total value of $1,220,100.00. Following the completion of the transaction, the executive vice president now directly owns 568,626 shares of the company’s stock, valued at $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 178,852 shares of company stock worth $16,785,080 in the last 90 days. Insiders own 45.58% of the company’s stock.

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of research analyst reports. The Goldman Sachs Group restated a “buy” rating on shares of Walmart in a report on Wednesday, March 26th. Citigroup reissued a “positive” rating on shares of Walmart in a report on Thursday, February 20th. Evercore ISI decreased their price objective on Walmart from $107.00 to $100.00 and set an “outperform” rating on the stock in a report on Tuesday, March 11th. KeyCorp lifted their target price on Walmart from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Friday, February 21st. Finally, Roth Mkm restated a “buy” rating and issued a $108.00 price target (up from $97.00) on shares of Walmart in a research note on Friday, February 21st. Three research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $103.58.

Walmart 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.