Walmart Inc. (NYSE:WMT) Shares Sold by McAdam LLC

McAdam LLC lowered its position in shares of Walmart Inc. (NYSE:WMT) by 22.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,629 shares of the retailer’s stock after selling 740 shares during the period. McAdam LLC’s holdings in Walmart were worth $414,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC raised its position in Walmart by 15,371.4% in the 4th quarter. International Assets Investment Management LLC now owns 3,511,225 shares of the retailer’s stock valued at $553,545,000 after purchasing an additional 3,488,530 shares during the last quarter. Barclays PLC raised its stake in shares of Walmart by 46.1% during the third quarter. Barclays PLC now owns 4,491,137 shares of the retailer’s stock worth $718,271,000 after purchasing an additional 1,416,359 shares during the last quarter. FMR LLC boosted its holdings in shares of Walmart by 8.5% in the third quarter. FMR LLC now owns 16,873,127 shares of the retailer’s stock valued at $2,698,519,000 after acquiring an additional 1,317,729 shares in the last quarter. Vanguard Group Inc. raised its position in Walmart by 0.6% in the third quarter. Vanguard Group Inc. now owns 137,214,807 shares of the retailer’s stock worth $21,944,764,000 after acquiring an additional 751,713 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in shares of Walmart by 161.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,157,620 shares of the retailer’s stock valued at $182,499,000 after purchasing an additional 715,125 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. StockNews.com upgraded Walmart from a “buy” rating to a “strong-buy” rating in a report on Wednesday, February 21st. Deutsche Bank Aktiengesellschaft lifted their price target on Walmart from $62.00 to $63.33 and gave the stock a “buy” rating in a research note on Friday, February 16th. Telsey Advisory Group reissued an “outperform” rating and issued a $68.00 price objective on shares of Walmart in a research note on Wednesday, March 27th. Oppenheimer cut their target price on shares of Walmart to $67.00 and set an “outperform” rating for the company in a research report on Monday, February 26th. Finally, Stifel Nicolaus reiterated a “hold” rating on shares of Walmart in a research report on Wednesday, March 13th. Four research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $61.75.

Walmart Stock Performance

NYSE:WMT opened at $60.24 on Tuesday. The firm’s fifty day simple moving average is $59.98 and its 200 day simple moving average is $55.86. The company has a current ratio of 0.83, a quick ratio of 0.24 and a debt-to-equity ratio of 0.46. Walmart Inc. has a twelve month low of $48.34 and a twelve month high of $61.65. The firm has a market capitalization of $485.52 billion, a price-to-earnings ratio of 31.48, a PEG ratio of 3.93 and a beta of 0.49.

Walmart (NYSE:WMT) last released its quarterly earnings data on Tuesday, February 20th. The retailer reported $0.60 EPS for the quarter, beating the consensus estimate of $0.55 by $0.05. Walmart had a return on equity of 21.08% and a net margin of 2.39%. The company had revenue of $173.40 billion for the quarter, compared to analyst estimates of $170.85 billion. During the same period last year, the company posted $0.57 earnings per share. The firm’s revenue was up 5.7% compared to the same quarter last year. As a group, equities research analysts expect that Walmart Inc. will post 2.36 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Shareholders of record on Friday, December 13th will be issued a $0.2075 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date is Friday, December 13th. Walmart’s dividend payout ratio is presently 43.38%.

Insider Buying and Selling at Walmart

In other news, major shareholder Jim C. Walton sold 2,000 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $58.78, for a total transaction of $117,560.00. Following the transaction, the insider now directly owns 656,395,261 shares of the company’s stock, valued at $38,582,913,441.58. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other Walmart news, EVP John D. Rainey sold 3,000 shares of Walmart stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $55.72, for a total transaction of $167,160.00. Following the sale, the executive vice president now directly owns 530,613 shares in the company, valued at approximately $29,565,756.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Jim C. Walton sold 2,000 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $58.78, for a total value of $117,560.00. Following the transaction, the insider now owns 656,395,261 shares of the company’s stock, valued at $38,582,913,441.58. The disclosure for this sale can be found here. Insiders sold 29,019,140 shares of company stock valued at $1,696,035,551 over the last 90 days. 46.51% of the stock is owned by corporate insiders.

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.