Dakota Wealth Management Has $2.32 Million Holdings in Walmart Inc. (NYSE:WMT)

Dakota Wealth Management trimmed its stake in Walmart Inc. (NYSE:WMTGet Rating) by 14.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 15,996 shares of the retailer’s stock after selling 2,741 shares during the period. Dakota Wealth Management’s holdings in Walmart were worth $2,315,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Good Life Advisors LLC lifted its position in Walmart by 1.4% in the fourth quarter. Good Life Advisors LLC now owns 31,974 shares of the retailer’s stock worth $4,626,000 after purchasing an additional 433 shares during the period. Roundview Capital LLC lifted its holdings in shares of Walmart by 1.9% during the 4th quarter. Roundview Capital LLC now owns 48,757 shares of the retailer’s stock worth $7,055,000 after acquiring an additional 907 shares during the period. Associated Banc Corp boosted its position in shares of Walmart by 0.7% during the 4th quarter. Associated Banc Corp now owns 44,600 shares of the retailer’s stock valued at $6,453,000 after acquiring an additional 298 shares in the last quarter. Catalyst Capital Advisors LLC increased its stake in Walmart by 12.4% in the fourth quarter. Catalyst Capital Advisors LLC now owns 7,062 shares of the retailer’s stock valued at $1,022,000 after acquiring an additional 780 shares during the period. Finally, Vaughan David Investments LLC IL raised its position in Walmart by 1.9% in the fourth quarter. Vaughan David Investments LLC IL now owns 9,064 shares of the retailer’s stock worth $1,311,000 after purchasing an additional 166 shares in the last quarter. Institutional investors own 30.79% of the company’s stock.

Shares of NYSE WMT traded up $0.57 during mid-day trading on Friday, hitting $148.05. The company’s stock had a trading volume of 6,646,300 shares, compared to its average volume of 6,659,461. Walmart Inc. has a one year low of $132.01 and a one year high of $160.77. The company’s fifty day simple moving average is $150.28 and its 200-day simple moving average is $144.69. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.93 and a quick ratio of 0.28. The stock has a market cap of $407.55 billion, a price-to-earnings ratio of 30.34, a price-to-earnings-growth ratio of 3.97 and a beta of 0.49.

Walmart (NYSE:WMTGet Rating) last announced its quarterly earnings data on Thursday, February 17th. The retailer reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.03. Walmart had a net margin of 2.39% and a return on equity of 20.42%. The business had revenue of $152.90 billion for the quarter, compared to analyst estimates of $150.20 billion. During the same period in the prior year, the business posted $1.39 earnings per share. Walmart’s revenue was up .5% compared to the same quarter last year. On average, sell-side analysts predict that Walmart Inc. will post 6.75 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 3rd. Stockholders of record on Friday, December 9th will be given a $0.56 dividend. The ex-dividend date is Thursday, December 8th. This represents a $2.24 annualized dividend and a dividend yield of 1.51%. Walmart’s dividend payout ratio is currently 45.90%.

In other Walmart news, CEO C Douglas Mcmillon sold 9,708 shares of the stock in a transaction on Thursday, February 24th. The shares were sold at an average price of $134.78, for a total value of $1,308,444.24. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Judith J. Mckenna sold 15,000 shares of the business’s stock in a transaction on Friday, March 11th. The shares were sold at an average price of $142.66, for a total transaction of $2,139,900.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,426,790 shares of company stock valued at $195,406,267. 48.44% of the stock is owned by insiders.

Several research firms have recently weighed in on WMT. DA Davidson upped their price objective on Walmart from $168.00 to $171.00 and gave the company a “buy” rating in a research note on Friday, April 8th. StockNews.com initiated coverage on Walmart in a research note on Thursday, March 31st. They set a “strong-buy” rating for the company. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Walmart from $186.00 to $184.00 and set a “buy” rating on the stock in a research note on Friday, February 18th. Cowen lowered their target price on shares of Walmart from $175.00 to $165.00 in a report on Monday, February 14th. Finally, JPMorgan Chase & Co. set a $157.00 price target on shares of Walmart in a report on Thursday, February 17th. Seven investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $167.25.

Walmart Company Profile (Get Rating)

Walmart Inc engages in the operation of retail, wholesale, and other units 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; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

See Also

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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