Oxford Financial Group LTD. LLC Has $1.23 Million Stock Holdings in Walmart Inc. (NYSE:WMT)

Oxford Financial Group LTD. LLC decreased its position in Walmart Inc. (NYSE:WMT) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,565 shares of the retailer’s stock after selling 276 shares during the quarter. Oxford Financial Group LTD. LLC’s holdings in Walmart were worth $1,226,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. FPC Investment Advisory Inc. bought a new stake in shares of Walmart in the 4th quarter worth $25,000. Fiduciary Advisors Inc. bought a new stake in shares of Walmart in the 4th quarter worth $27,000. Decker Retirement Planning Inc. bought a new stake in shares of Walmart in the 4th quarter worth $32,000. Noble Wealth Management PBC bought a new stake in shares of Walmart in the 4th quarter worth $37,000. Finally, Legacy Investment Solutions LLC bought a new stake in shares of Walmart in the 3rd quarter worth $43,000. Institutional investors own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $92.35, for a total value of $2,689,601.40. Following the transaction, the chief executive officer now owns 3,785,702 shares of the company’s stock, valued at $349,609,579.70. This represents a 0.76 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total transaction of $343,800.00. Following the completion of the transaction, the executive vice president now directly owns 888,309 shares in the company, valued at $76,350,158.55. The trade was a 0.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 189,777 shares of company stock valued at $18,001,116 in the last quarter. Insiders own 45.58% of the company’s stock.

Analyst Ratings Changes

WMT has been the subject of several recent analyst reports. Erste Group Bank lowered shares of Walmart from a “strong-buy” rating to a “hold” rating in a research note on Monday. Morgan Stanley restated an “overweight” rating and set a $115.00 price target (up previously from $106.00) on shares of Walmart in a research report on Thursday, February 13th. Evercore ISI reduced their price target on shares of Walmart from $107.00 to $100.00 and set an “outperform” rating for the company in a research report on Tuesday, March 11th. Jefferies Financial Group increased their price target on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Finally, UBS Group restated a “buy” rating on shares of Walmart in a research report on Friday, February 28th. Two analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $103.17.

Walmart Stock Performance

Walmart stock opened at $85.78 on Friday. The firm’s 50 day simple moving average is $95.34 and its 200 day simple moving average is $88.89. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $687.70 billion, a PE ratio of 35.59, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53. Walmart Inc. has a 1-year low of $58.56 and a 1-year high of $105.30.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.02. The firm 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%. As a group, analysts expect that Walmart Inc. will post 2.55 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 5th. Stockholders of record on Friday, December 12th will be issued a $0.235 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date is Friday, December 12th. Walmart’s payout ratio is 39.00%.

Walmart Company 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.