Commerzbank Aktiengesellschaft FI Has $5.50 Million Stock Holdings in Walmart Inc. (NYSE:WMT)

Commerzbank Aktiengesellschaft FI boosted its stake in shares of Walmart Inc. (NYSE:WMT) by 6.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 60,872 shares of the retailer’s stock after buying an additional 3,569 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Walmart were worth $5,500,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in WMT. Swedbank AB lifted its holdings in shares of Walmart by 0.4% in the third quarter. Swedbank AB now owns 5,345,293 shares of the retailer’s stock valued at $431,632,000 after purchasing an additional 18,644 shares in the last quarter. Princeton Global Asset Management LLC lifted its stake in Walmart by 108.8% in the 3rd quarter. Princeton Global Asset Management LLC now owns 1,574 shares of the retailer’s stock valued at $127,000 after acquiring an additional 820 shares in the last quarter. Lansing Street Advisors boosted its position in Walmart by 3.8% during the 3rd quarter. Lansing Street Advisors now owns 3,916 shares of the retailer’s stock worth $316,000 after acquiring an additional 145 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its position in Walmart by 66.5% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 3,037,249 shares of the retailer’s stock worth $245,258,000 after acquiring an additional 1,213,162 shares during the last quarter. Finally, Forum Financial Management LP grew its stake in shares of Walmart by 3.6% during the 3rd quarter. Forum Financial Management LP now owns 72,203 shares of the retailer’s stock worth $5,830,000 after acquiring an additional 2,477 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $92.35, for a total transaction of $2,689,601.40. Following the sale, the chief executive officer now owns 3,785,702 shares in the company, valued at approximately $349,609,579.70. This trade represents a 0.76 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $96.15, for a total transaction of $1,261,968.75. Following the completion of the transaction, the executive vice president now directly owns 460,672 shares in the company, valued at $44,293,612.80. This trade represents a 2.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 185,777 shares of company stock valued at $17,657,316. 45.58% of the stock is owned by corporate insiders.

Walmart Trading Down 1.1 %

WMT stock opened at $97.49 on Tuesday. Walmart Inc. has a 52 week low of $58.40 and a 52 week high of $105.30. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The company’s 50-day simple moving average is $96.04 and its 200 day simple moving average is $87.88. The company has a market capitalization of $783.17 billion, a PE ratio of 40.45, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55.

Walmart (NYSE:WMT) last announced its earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, topping the consensus estimate of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The company had revenue of $180.55 billion for the quarter, compared to analysts’ expectations of $178.83 billion. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be given a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.96%. Walmart’s payout ratio is 39.00%.

Analyst Ratings Changes

A number of brokerages have recently commented on WMT. Wells Fargo & Company boosted their price objective on shares of Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Roth Mkm restated a “buy” rating and set a $108.00 price objective (up from $97.00) on shares of Walmart in a research note on Friday, February 21st. Guggenheim restated a “buy” rating and issued a $100.00 price objective on shares of Walmart in a report on Monday, February 24th. Bank of America upped their target price on Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised their price target on Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. One equities research analyst has rated the stock with a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $103.07.

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.