Angeles Investment Advisors LLC Has $909,000 Stake in Walmart Inc. (NYSE:WMT)

Angeles Investment Advisors LLC decreased its holdings in Walmart Inc. (NYSE:WMT) by 1.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,036 shares of the retailer’s stock after selling 155 shares during the quarter. Angeles Investment Advisors LLC’s holdings in Walmart were worth $909,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of WMT. FPC Investment Advisory Inc. acquired a new stake in Walmart in the 4th quarter worth about $25,000. Fiduciary Advisors Inc. acquired a new stake in Walmart in the 4th quarter worth about $27,000. Decker Retirement Planning Inc. acquired a new stake in Walmart in the 4th quarter worth about $32,000. Noble Wealth Management PBC acquired a new stake in Walmart in the 4th quarter worth about $37,000. Finally, Legacy Investment Solutions LLC acquired a new stake in Walmart in the 3rd quarter worth about $43,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Up 0.1 %

WMT opened at $85.94 on Monday. Walmart Inc. has a fifty-two week low of $58.56 and a fifty-two week high of $105.30. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. The firm has a market capitalization of $688.93 billion, a price-to-earnings ratio of 35.66, a PEG ratio of 4.42 and a beta of 0.53. The company’s 50 day moving average price is $95.19 and its two-hundred day moving average price is $89.12.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $178.83 billion. As a group, research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be paid a $0.235 dividend. 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 is currently 39.00%.

Insider Activity

In other news, EVP John D. Rainey sold 38,000 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $98.80, for a total value of $3,754,400.00. Following the sale, the executive vice president now directly owns 257,281 shares of the company’s stock, valued at approximately $25,419,362.80. This represents a 12.87 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $85.95, for a total transaction of $343,800.00. Following the completion of the sale, the executive vice president now directly owns 888,309 shares in the company, valued at approximately $76,350,158.55. This represents a 0.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 189,777 shares of company stock valued at $18,001,116. 45.58% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have weighed in on WMT shares. Evercore ISI dropped their price objective on shares of Walmart from $107.00 to $100.00 and set an “outperform” rating for the company in a research note on Tuesday, March 11th. Roth Mkm restated a “buy” rating and issued a $108.00 target price (up from $97.00) on shares of Walmart in a research report on Friday, February 21st. UBS Group restated a “buy” rating on shares of Walmart in a research report on Friday, February 28th. Barclays restated an “overweight” rating on shares of Walmart in a research report on Friday, February 28th. Finally, Morgan Stanley restated an “overweight” rating and issued a $115.00 target price (up from $106.00) on shares of Walmart in a research report on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has given 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.