Walmart Inc. (NYSE:WMT) Shares Acquired by CV Advisors LLC

CV Advisors LLC increased its holdings in Walmart Inc. (NYSE:WMT) by 0.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,868 shares of the retailer’s stock after acquiring an additional 120 shares during the quarter. Walmart makes up about 0.9% of CV Advisors LLC’s holdings, making the stock its 13th biggest position. CV Advisors LLC’s holdings in Walmart were worth $2,608,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Coyle Financial Counsel LLC increased its stake in Walmart by 3.1% in the 4th quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer’s stock valued at $310,000 after buying an additional 102 shares during the period. SC&H Financial Advisors Inc. increased its stake in Walmart by 1.0% in the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer’s stock valued at $924,000 after buying an additional 103 shares during the period. Blackston Financial Advisory Group LLC increased its stake in Walmart by 0.7% in the 4th quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer’s stock valued at $1,417,000 after buying an additional 106 shares during the period. Van Strum & Towne Inc. increased its stake in Walmart by 1.6% in the 4th quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer’s stock valued at $619,000 after buying an additional 108 shares during the period. Finally, Scarborough Advisors LLC grew its stake in shares of Walmart by 2.0% during the 4th quarter. Scarborough Advisors LLC now owns 5,584 shares of the retailer’s stock worth $505,000 after purchasing an additional 109 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $92.35, for a total transaction of $2,689,601.40. Following the completion of the transaction, the chief executive officer now owns 3,785,702 shares of the company’s stock, valued at approximately $349,609,579.70. The trade was a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Christopher James Nicholas sold 17,600 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $94.42, for a total transaction of $1,661,792.00. Following the transaction, the executive vice president now directly owns 348,357 shares of the company’s stock, valued at approximately $32,891,867.94. This trade represents a 4.81 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 185,777 shares of company stock valued at $17,657,316. 45.58% of the stock is currently owned by company insiders.

Walmart Stock Performance

Walmart stock opened at $85.29 on Friday. The company has a market cap of $685.19 billion, a PE ratio of 35.39, a P/E/G ratio of 4.42 and a beta of 0.53. The company has a fifty day moving average price of $95.74 and a two-hundred day moving average price of $88.71. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. Walmart Inc. has a 12 month low of $58.56 and a 12 month high of $105.30.

Walmart (NYSE:WMT) last released 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. The firm had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. Research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Stockholders 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 1.10%. The ex-dividend date is Friday, December 12th. Walmart’s dividend payout ratio (DPR) is 39.00%.

Analyst Ratings Changes

WMT has been the topic of a number of recent analyst reports. Evercore ISI lowered their price target on shares of Walmart from $107.00 to $100.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 11th. Oppenheimer raised their price target on shares of Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. Barclays reaffirmed an “overweight” rating on shares of Walmart in a research note on Friday, February 28th. JPMorgan Chase & Co. raised their target price on shares of Walmart from $97.00 to $112.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. Finally, Telsey Advisory Group restated an “outperform” rating on shares of Walmart in a report on Friday, February 28th. One investment analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $103.20.

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.