Cozad Asset Management Inc. Buys 3,091 Shares of Walmart Inc. (NYSE:WMT)

Cozad Asset Management Inc. boosted its stake in shares of Walmart Inc. (NYSE:WMT) by 7.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,477 shares of the retailer’s stock after buying an additional 3,091 shares during the quarter. Cozad Asset Management Inc.’s holdings in Walmart were worth $4,290,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. FPC Investment Advisory Inc. purchased a new position in shares of Walmart in the 4th quarter worth approximately $25,000. Fiduciary Advisors Inc. purchased a new position in shares of Walmart in the 4th quarter worth approximately $27,000. Peterson Financial Group Inc. purchased a new stake in Walmart during the 3rd quarter worth approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in Walmart during the 4th quarter worth approximately $32,000. Finally, Noble Wealth Management PBC purchased a new stake in Walmart during the 4th quarter worth approximately $37,000. Institutional investors own 26.76% of the company’s stock.

Insider Activity at Walmart

In other news, EVP Daniel J. Bartlett sold 1,830 shares of Walmart stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total transaction of $166,658.10. Following the completion of the transaction, the executive vice president now owns 460,705 shares of the company’s stock, valued at $41,956,404.35. The trade was a 0.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $92.60, for a total value of $1,215,375.00. Following the transaction, the executive vice president now directly owns 566,794 shares of the company’s stock, valued at $52,485,124.40. This trade represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 185,777 shares of company stock worth $17,657,316 in the last three months. Insiders own 45.58% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on WMT. Royal Bank of Canada dropped their target price on shares of Walmart from $109.00 to $107.00 and set an “outperform” rating on the stock in a research report on Friday, February 21st. Sanford C. Bernstein upped their price objective on shares of Walmart from $98.00 to $102.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Morgan Stanley reaffirmed an “overweight” rating and issued a $115.00 price objective (up from $106.00) on shares of Walmart in a report on Thursday, February 13th. TD Cowen upped their price objective on shares of Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Finally, Truist Financial boosted their target price on shares of Walmart from $98.00 to $111.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. One analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $103.20.

Walmart Stock Up 0.9 %

WMT stock opened at $85.29 on Monday. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. Walmart Inc. has a twelve month low of $58.56 and a twelve month high of $105.30. The company’s 50 day moving average is $95.74 and its two-hundred day moving average is $88.80. The stock has a market cap of $685.19 billion, a P/E ratio of 35.39, a PEG ratio of 4.42 and a beta of 0.53.

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

Walmart Dividend Announcement

The company also recently disclosed 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 1.10%. Walmart’s dividend payout ratio (DPR) is 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.