Capital Analysts LLC Sells 10,856 Shares of Walmart Inc. (NYSE:WMT)

Capital Analysts LLC trimmed its holdings in Walmart Inc. (NYSE:WMT) by 4.4% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 237,484 shares of the retailer’s stock after selling 10,856 shares during the quarter. Walmart comprises approximately 0.9% of Capital Analysts LLC’s portfolio, making the stock its 20th biggest position. Capital Analysts LLC’s holdings in Walmart were worth $21,457,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in WMT. UP Strategic Wealth Investment Advisors LLC lifted its position in Walmart by 14.9% during the fourth quarter. UP Strategic Wealth Investment Advisors LLC now owns 11,508 shares of the retailer’s stock valued at $1,040,000 after purchasing an additional 1,493 shares during the period. Rothschild Capital Partners LLC purchased a new stake in Walmart during the 4th quarter valued at $488,000. Topsail Wealth Management LLC bought a new position in shares of Walmart during the 4th quarter valued at $711,000. Keyvantage Wealth LLC purchased a new position in shares of Walmart in the 4th quarter worth $250,000. Finally, Hancock Whitney Corp grew its holdings in shares of Walmart by 11.1% in the fourth quarter. Hancock Whitney Corp now owns 172,960 shares of the retailer’s stock worth $15,627,000 after acquiring an additional 17,327 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Daniel J. Bartlett sold 1,600 shares of Walmart stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total transaction of $166,384.00. Following the completion of the transaction, the executive vice president now directly owns 423,597 shares of the company’s stock, valued at approximately $44,049,852.03. The trade was a 0.38 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $85.63, for a total transaction of $2,493,888.12. Following the completion of the sale, the chief executive officer now directly owns 3,972,517 shares in the company, valued at $340,166,630.71. This trade represents a 0.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 140,533 shares of company stock valued at $13,241,740 over the last three months. 45.58% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on WMT shares. Citigroup reissued a “positive” rating on shares of Walmart in a report on Thursday, February 20th. Royal Bank of Canada lowered their price objective on shares of Walmart from $107.00 to $102.00 and set an “outperform” rating on the stock in a research note on Thursday, April 10th. KeyCorp raised their price objective on shares of Walmart from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Friday, February 21st. Mizuho assumed coverage on shares of Walmart in a report on Friday, April 11th. They set an “outperform” rating and a $105.00 target price for the company. Finally, Robert W. Baird lifted their price target on shares of Walmart from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 18th. Three research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $103.58.

Walmart Stock Performance

Walmart stock opened at $95.02 on Friday. The company’s 50-day moving average price is $90.58 and its 200-day moving average price is $90.76. 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 company has a market cap of $761.76 billion, a PE ratio of 39.43, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69. Walmart Inc. has a twelve month low of $58.58 and a twelve month high of $105.30.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.02. The company had revenue of $180.55 billion for the quarter, compared to analysts’ expectations of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. On average, equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be given a $0.235 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a yield of 0.99%. Walmart’s dividend payout ratio is presently 39.00%.

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.