1,114 Shares in Walmart Inc. (NYSE:WMT) Acquired by EWG Elevate Inc.

EWG Elevate Inc. bought a new position in Walmart Inc. (NYSE:WMT – Get Rating) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,114 shares of the retailer’s stock, valued at approximately $158,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bellwether Advisors LLC boosted its stake in shares of Walmart by 112.0% during the 3rd quarter. Bellwether Advisors LLC now owns 212 shares of the retailer’s stock worth $27,000 after acquiring an additional 112 shares during the last quarter. JDM Financial Group LLC purchased a new position in shares of Walmart during the 4th quarter worth $28,000. Lipe & Dalton purchased a new position in shares of Walmart during the 3rd quarter worth $29,000. Legend Financial Advisors Inc. purchased a new position in shares of Walmart during the 3rd quarter worth $32,000. Finally, Bell Investment Advisors Inc boosted its stake in shares of Walmart by 500.0% during the 3rd quarter. Bell Investment Advisors Inc now owns 282 shares of the retailer’s stock worth $37,000 after acquiring an additional 235 shares during the last quarter. Hedge funds and other institutional investors own 31.27% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the topic of several analyst reports. Morgan Stanley dropped their price target on shares of Walmart from $161.00 to $160.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 22nd. Tigress Financial upgraded shares of Walmart from a “neutral” rating to a “buy” rating and raised their price objective for the company from $170.00 to $176.00 in a research report on Thursday, January 26th. Gordon Haskett upgraded shares of Walmart from a “hold” rating to an “accumulate” rating and raised their price objective for the company from $145.00 to $155.00 in a research report on Friday, February 10th. StockNews.com started coverage on shares of Walmart in a research report on Thursday. They set a “strong-buy” rating on the stock. Finally, Roth Capital restated a “buy” rating on shares of Walmart in a research report on Tuesday, February 14th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, twenty-three 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 presently has an average rating of “Moderate Buy” and an average price target of $162.44.

Walmart Price Performance

Shares of Walmart stock traded up $1.12 during trading hours on Friday, reaching $139.40. The company’s stock had a trading volume of 14,360,402 shares, compared to its average volume of 7,067,045. The firm has a 50 day moving average price of $142.27 and a 200-day moving average price of $141.04. Walmart Inc. has a one year low of $117.27 and a one year high of $160.77. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.82 and a quick ratio of 0.21. The stock has a market cap of $375.93 billion, a P/E ratio of 32.57, a P/E/G ratio of 4.18 and a beta of 0.48.

Walmart (NYSE:WMT – Get Rating) last released its quarterly earnings results on Tuesday, February 21st. The retailer reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.51 by $0.20. Walmart had a net margin of 1.91% and a return on equity of 20.45%. The firm had revenue of $164.05 billion during the quarter, compared to analysts’ expectations of $158.67 billion. During the same period in the previous year, the company earned $1.53 EPS. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. On average, analysts predict that Walmart Inc. will post 6.08 EPS for the current year.

Walmart Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 8th will be paid a dividend of $0.57 per share. The ex-dividend date is Thursday, December 7th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.64%. Walmart’s dividend payout ratio is presently 52.34%.

Insider Buying and Selling

In related news, Director S Robson Walton sold 1,550,332 shares of Walmart stock in a transaction dated Wednesday, March 15th. The shares were sold at an average price of $138.21, for a total transaction of $214,271,385.72. Following the completion of the transaction, the director now directly owns 257,930,893 shares of the company’s stock, valued at approximately $35,648,628,721.53. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, Director S Robson Walton sold 1,550,332 shares of Walmart stock in a transaction dated Wednesday, March 15th. The shares were sold at an average price of $138.21, for a total transaction of $214,271,385.72. Following the completion of the transaction, the director now directly owns 257,930,893 shares of the company’s stock, valued at approximately $35,648,628,721.53. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Jim C. Walton sold 1,077,204 shares of the business’s stock in a transaction dated Tuesday, March 14th. The shares were sold at an average price of $138.08, for a total transaction of $148,740,328.32. Following the completion of the sale, the insider now directly owns 259,481,225 shares of the company’s stock, valued at $35,829,167,548. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,830,325 shares of company stock valued at $1,378,798,478. Company insiders own 47.06% of the company’s stock.

About Walmart

(Get Rating)

Walmart, Inc engages in retail and wholesale business. The company offers an assortment of merchandise and services at everyday low prices. It operates through the following business segments: Walmart U.S., Walmart International, and Sam’s Club. The Walmart U.S. segment operates as a merchandiser of consumer products, operating under the Walmart, Wal-Mart, and Walmart Neighborhood Market brands, as well as walmart.com and other eCommerce brands.