Angeles Investment Advisors LLC Has $909,000 Stock Holdings in Walmart Inc. (NYSE:WMT)

Angeles Investment Advisors LLC decreased its holdings in shares of Walmart Inc. (NYSE:WMT) by 1.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 10,036 shares of the retailer’s stock after selling 155 shares during the period. Angeles Investment Advisors LLC’s holdings in Walmart were worth $909,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of WMT. FPC Investment Advisory Inc. acquired a new position in Walmart during the fourth quarter worth $25,000. Fiduciary Advisors Inc. acquired a new position in Walmart during the fourth quarter worth $27,000. Decker Retirement Planning Inc. acquired a new position in Walmart during the fourth quarter worth $32,000. Noble Wealth Management PBC acquired a new position in Walmart during the fourth quarter worth $37,000. Finally, Legacy Investment Solutions LLC acquired a new position in Walmart during the third quarter worth $43,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Telsey Advisory Group reiterated an “outperform” rating on shares of Walmart in a report on Friday, February 28th. KeyCorp increased their target price on shares of Walmart from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Friday, February 21st. UBS Group reiterated a “buy” rating on shares of Walmart in a report on Friday, February 28th. DZ Bank upgraded shares of Walmart from a “hold” rating to a “buy” rating and set a $110.00 target price for the company in a report on Tuesday, February 25th. Finally, Roth Mkm reiterated a “buy” rating and issued a $108.00 target price (up previously from $97.00) on shares of Walmart in a report on Friday, February 21st. Two research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $103.17.

Walmart Price Performance

Shares of NYSE:WMT opened at $85.94 on Monday. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $688.93 billion, a PE ratio of 35.66, a P/E/G 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. The company has a 50-day moving average price of $95.19 and a two-hundred day moving average price of $89.12.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating 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 company had revenue of $180.55 billion during the quarter, compared to analyst estimates of $178.83 billion. Equities analysts forecast 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. Stockholders of record on Friday, December 12th will be given a $0.235 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.09%. Walmart’s dividend payout ratio (DPR) is currently 39.00%.

Insider Activity

In other news, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $92.60, for a total value of $1,215,375.00. Following the completion of the transaction, the executive vice president now directly owns 566,794 shares in the company, valued at approximately $52,485,124.40. This trade represents a 2.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $85.95, for a total transaction of $343,800.00. Following the completion of the transaction, the executive vice president now owns 888,309 shares of the company’s stock, valued at $76,350,158.55. This trade represents a 0.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 189,777 shares of company stock worth $18,001,116. 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.