one8zero8 LLC Acquires Shares of 11,988 Walmart Inc. (NYSE:WMT)

one8zero8 LLC acquired a new stake in Walmart Inc. (NYSE:WMT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,988 shares of the retailer’s stock, valued at approximately $1,083,000.

Several other institutional investors also recently bought and sold shares of WMT. FPC Investment Advisory Inc. acquired a new stake in Walmart in the fourth quarter valued at approximately $25,000. Peterson Financial Group Inc. acquired a new stake in Walmart in the third quarter valued at approximately $26,000. Fiduciary Advisors Inc. acquired a new stake in Walmart in the fourth quarter valued at approximately $27,000. Decker Retirement Planning Inc. acquired a new stake in Walmart in the fourth quarter valued at approximately $32,000. Finally, Noble Wealth Management PBC acquired a new stake in shares of Walmart in the fourth quarter worth approximately $37,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Daniel J. Bartlett sold 1,600 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total transaction of $166,384.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $92.35, for a total value of $2,689,601.40. Following the transaction, the chief executive officer now directly owns 3,785,702 shares of the company’s stock, valued at $349,609,579.70. The trade was a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 185,777 shares of company stock valued at $17,657,316 in the last three months. 45.58% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WMT. JPMorgan Chase & Co. lifted 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. Robert W. Baird lifted their price target on Walmart from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 18th. Morgan Stanley reaffirmed an “overweight” rating and issued a $115.00 price target (up from $106.00) on shares of Walmart in a research note on Thursday, February 13th. Tigress Financial lifted their price target on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Finally, Barclays reaffirmed an “overweight” rating on shares of Walmart in a research note on Friday, February 28th. One investment analyst has rated the stock with a hold rating, thirty have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $103.20.

Walmart Price Performance

WMT stock opened at $85.29 on Friday. 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 company has a market capitalization of $685.19 billion, a PE ratio of 35.39, a P/E/G ratio of 4.42 and a beta of 0.53. Walmart Inc. has a 12-month low of $58.56 and a 12-month high of $105.30. The business’s fifty day moving average price is $95.74 and its 200 day moving average price is $88.71.

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, beating the consensus estimate of $0.64 by $0.02. The firm had revenue of $180.55 billion for 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, sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

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

About Walmart

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.