Thompson Siegel & Walmsley LLC Cuts Stock Position in Walmart Inc. (NYSE:WMT)

Thompson Siegel & Walmsley LLC lowered its holdings in Walmart Inc. (NYSE:WMT) by 1.9% during the 4th quarter, Holdings Channel reports. The firm owned 116,360 shares of the retailer’s stock after selling 2,303 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Walmart were worth $10,513,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FPC Investment Advisory Inc. purchased a new position in Walmart in the fourth quarter worth $25,000. Fiduciary Advisors Inc. purchased a new position in shares of Walmart during the 4th quarter valued at $27,000. Peterson Financial Group Inc. purchased a new position in shares of Walmart during the 3rd quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new position in shares of Walmart during the 4th quarter valued at $32,000. Finally, Noble Wealth Management PBC purchased a new position in shares of Walmart during the 4th quarter valued at $37,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Transactions at Walmart

In related news, EVP John D. Rainey sold 38,000 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the completion of the sale, the executive vice president now directly owns 257,281 shares in the company, valued at $25,419,362.80. This represents a 12.87 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Daniel J. Bartlett sold 1,600 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total transaction of $166,384.00. Following the sale, the executive vice president now owns 423,597 shares of the company’s stock, valued at $44,049,852.03. This represents a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 185,777 shares of company stock worth $17,657,316. 45.58% of the stock is currently owned by insiders.

Walmart Trading Down 1.0 %

Shares of WMT opened at $84.36 on Friday. The firm has a market cap of $677.67 billion, a price-to-earnings ratio of 35.00, a PEG ratio of 4.42 and a beta of 0.53. 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 fifty-two week low of $58.56 and a fifty-two week high of $105.30. The firm has a 50 day moving average price of $95.85 and a 200-day moving average price of $88.56.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.02. The firm had revenue of $180.55 billion during the quarter, compared to analyst estimates of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. As a group, 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 disclosed a quarterly dividend, which will be paid on Monday, January 5th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.11%. Walmart’s payout ratio is 39.00%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on WMT shares. Morgan Stanley reaffirmed an “overweight” rating and set a $115.00 price target (up previously from $106.00) on shares of Walmart in a research report on Thursday, February 13th. Guggenheim reaffirmed a “buy” rating and set a $100.00 price target on shares of Walmart in a research report on Monday, February 24th. TD Cowen upped their price target on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. StockNews.com lowered Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. boosted their price objective on Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. One investment analyst has rated the stock with a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $103.20.

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.