Ranch Capital Advisors Inc. Has $466,000 Stock Holdings in Walmart Inc. (NYSE:WMT)

Ranch Capital Advisors Inc. increased its holdings in shares of Walmart Inc. (NYSE:WMT) by 8.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 5,158 shares of the retailer’s stock after acquiring an additional 416 shares during the quarter. Ranch Capital Advisors Inc.’s holdings in Walmart were worth $466,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in WMT. FPC Investment Advisory Inc. acquired a new position in shares of Walmart during the 4th quarter worth about $25,000. Peterson Financial Group Inc. acquired a new position in shares of Walmart during the 3rd quarter worth about $26,000. Fiduciary Advisors Inc. acquired a new position in shares of Walmart during the 4th quarter worth about $27,000. Decker Retirement Planning Inc. acquired a new position in shares of Walmart during the 4th quarter worth about $32,000. Finally, Noble Wealth Management PBC acquired a new position in shares of Walmart during the 4th quarter worth about $37,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Stock Down 3.1 %

NYSE WMT opened at $91.68 on Monday. The stock has a fifty day moving average of $96.19 and a 200-day moving average of $88.44. The stock has a market capitalization of $736.46 billion, a P/E ratio of 38.04, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53. Walmart Inc. has a 52 week low of $58.56 and a 52 week high of $105.30. 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 (NYSE:WMT) last announced its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.02. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The business had revenue of $180.55 billion during the quarter, compared to analysts’ expectations of $178.83 billion. On average, equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be paid a dividend of $0.235 per share. The ex-dividend date is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.03%. Walmart’s dividend payout ratio (DPR) is presently 39.00%.

Analyst Ratings Changes

WMT has been the subject of several recent research reports. Telsey Advisory Group reaffirmed an “outperform” rating on shares of Walmart in a report on Friday, February 28th. Oppenheimer upped their price target on Walmart from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. Stifel Nicolaus upped their price target on Walmart from $89.00 to $94.00 and gave the company a “hold” rating in a report on Tuesday, December 10th. Piper Sandler upped their price target on Walmart from $93.00 to $118.00 and gave the company an “overweight” rating in a report on Tuesday, February 18th. Finally, Robert W. Baird upped their price target on Walmart from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, February 18th. One investment analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Walmart currently has a consensus rating of “Buy” and a consensus target price of $103.07.

Insider Buying and Selling

In other Walmart 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 transaction, the executive vice president now directly owns 423,597 shares in the company, valued at approximately $44,049,852.03. The trade was a 0.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $96.15, for a total value of $1,261,968.75. Following the transaction, the executive vice president now owns 460,672 shares in the company, valued at approximately $44,293,612.80. This represents a 2.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 185,777 shares of company stock valued at $17,657,316 over the last three months. Company insiders own 45.58% of the company’s stock.

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.