One Day In July LLC Grows Position in Walmart Inc. (NYSE:WMT)

One Day In July LLC increased its position in shares of Walmart Inc. (NYSE:WMT) by 40.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,914 shares of the retailer’s stock after buying an additional 2,001 shares during the quarter. One Day In July LLC’s holdings in Walmart were worth $625,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in WMT. Brophy Wealth Management LLC acquired a new stake in Walmart during the 3rd quarter worth approximately $2,072,000. Bank of New Hampshire lifted its position in Walmart by 13.7% during the 4th quarter. Bank of New Hampshire now owns 47,949 shares of the retailer’s stock worth $4,332,000 after acquiring an additional 5,786 shares during the period. Iowa State Bank lifted its position in Walmart by 213.8% during the 4th quarter. Iowa State Bank now owns 26,807 shares of the retailer’s stock worth $2,422,000 after acquiring an additional 18,263 shares during the period. Fisher Asset Management LLC lifted its position in Walmart by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 47,659,844 shares of the retailer’s stock worth $3,848,533,000 after acquiring an additional 2,107,197 shares during the period. Finally, Virtu Financial LLC acquired a new stake in Walmart during the 3rd quarter worth approximately $541,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insiders Place Their Bets

In other news, SVP David Chojnowski sold 5,600 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $91.45, for a total transaction of $512,120.00. Following the completion of the sale, the senior vice president now owns 87,404 shares in the company, valued at approximately $7,993,095.80. This represents a 6.02 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,600 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total value of $166,384.00. Following the sale, the executive vice president now owns 423,597 shares of the company’s stock, valued at $44,049,852.03. This trade represents a 0.38 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 176,777 shares of company stock worth $16,570,112 over the last ninety days. Company insiders own 45.58% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on WMT shares. DZ Bank cut Walmart from a “buy” rating to a “hold” rating and set a $91.00 price objective for the company. in a research report on Thursday, November 21st. Robert W. Baird increased their price objective on Walmart from $100.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday. BMO Capital Markets raised their price target on Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Royal Bank of Canada reissued an “outperform” rating and issued a $105.00 price target on shares of Walmart in a report on Wednesday, January 15th. Finally, Jefferies Financial Group raised their price target on Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Two analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $101.87.

Walmart Stock Performance

WMT opened at $97.22 on Friday. The company has a market capitalization of $781.02 billion, a price-to-earnings ratio of 39.90, a price-to-earnings-growth ratio of 4.40 and a beta of 0.55. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.23. Walmart Inc. has a 1-year low of $57.60 and a 1-year high of $105.30. The business has a 50 day moving average price of $95.62 and a two-hundred day moving average price of $86.25.

Walmart (NYSE:WMT) last released its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.02. Walmart had a return on equity of 21.78% and a net margin of 2.92%. Research analysts predict that Walmart Inc. will post 2.48 EPS for the current fiscal year.

Walmart Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 7th. Shareholders of record on Friday, March 21st will be given a $0.235 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 0.97%. This is an increase from Walmart’s previous quarterly dividend of $0.21. Walmart’s dividend payout ratio is 34.06%.

About Walmart

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.