Walmart Inc. (NYSE:WMT) Holdings Lifted by Quantbot Technologies LP

Quantbot Technologies LP grew its position in Walmart Inc. (NYSE:WMT) by 778.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 29,359 shares of the retailer’s stock after purchasing an additional 26,016 shares during the period. Quantbot Technologies LP’s holdings in Walmart were worth $2,653,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FPC Investment Advisory Inc. bought a new position in Walmart in the 4th quarter worth about $25,000. Fiduciary Advisors Inc. bought a new position in Walmart in the 4th quarter worth about $27,000. Decker Retirement Planning Inc. bought a new position in Walmart in the 4th quarter worth about $32,000. Noble Wealth Management PBC bought a new position in shares of Walmart in the fourth quarter valued at approximately $37,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of Walmart in the third quarter valued at approximately $43,000. Institutional investors own 26.76% of the company’s stock.

Walmart Trading Up 0.1 %

Shares of NYSE:WMT opened at $85.94 on Friday. The firm has a fifty day moving average of $95.19 and a two-hundred day moving average of $89.04. The firm has a market capitalization of $688.93 billion, a P/E ratio of 35.66, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53. Walmart Inc. has a 12-month low of $58.56 and a 12-month high of $105.30. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. The company had revenue of $180.55 billion during 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%. On average, equities analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be paid a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s dividend payout ratio (DPR) is currently 39.00%.

Insider Activity at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart 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 completion of the sale, the chief executive officer now owns 3,785,702 shares of the company’s stock, valued at approximately $349,609,579.70. The trade was a 0.76 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John D. Rainey sold 38,000 shares of Walmart stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the completion of the sale, the executive vice president now directly owns 257,281 shares of the company’s stock, valued at approximately $25,419,362.80. The trade was a 12.87 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 189,777 shares of company stock valued at $18,001,116. Insiders own 45.58% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Erste Group Bank cut shares of Walmart from a “strong-buy” rating to a “hold” rating in a report on Monday, March 17th. Telsey Advisory Group reiterated an “outperform” rating on shares of Walmart in a report on Friday, February 28th. Guggenheim reiterated a “buy” rating and issued a $100.00 price objective on shares of Walmart in a report on Monday, February 24th. Truist Financial increased their price objective on shares of Walmart from $98.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Finally, Stifel Nicolaus reduced their target price on shares of Walmart from $99.00 to $93.00 and set a “hold” rating for the company in a report on Thursday. Two research analysts have rated the stock with a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $103.17.

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.