38,655 Shares in Walmart Inc. (NYSE:WMT) Acquired by Capstone Financial Advisors Inc.

Capstone Financial Advisors Inc. purchased a new position in shares of Walmart Inc. (NYSE:WMT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 38,655 shares of the retailer’s stock, valued at approximately $3,492,000.

A number of other large investors have also added to or reduced their stakes in the stock. Northern Trust Corp grew its position in Walmart by 8.9% during the fourth quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer’s stock worth $3,943,049,000 after buying an additional 3,550,037 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in Walmart during the fourth quarter worth approximately $148,000. Second Half Financial Partners LLC grew its position in Walmart by 48.2% during the fourth quarter. Second Half Financial Partners LLC now owns 11,401 shares of the retailer’s stock worth $1,030,000 after buying an additional 3,710 shares in the last quarter. Public Employees Retirement Association of Colorado grew its position in Walmart by 18.8% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 4,401,195 shares of the retailer’s stock worth $397,648,000 after buying an additional 695,225 shares in the last quarter. Finally, Quarry LP acquired a new stake in Walmart during the fourth quarter worth approximately $576,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Price Performance

Shares of WMT opened at $95.02 on Monday. Walmart Inc. has a 52-week low of $58.58 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 business’s 50 day moving average price is $90.58 and its two-hundred day moving average price is $90.91. The firm has a market cap of $761.76 billion, a PE ratio of 39.43, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.02. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The firm had revenue of $180.55 billion for the quarter, compared to analyst estimates of $178.83 billion. On average, equities analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be paid a $0.235 dividend. This represents a $0.94 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s dividend payout ratio (DPR) is presently 39.00%.

Insider Buying and Selling at Walmart

In other news, EVP Daniel J. Bartlett sold 1,600 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total transaction of $166,384.00. Following the transaction, the executive vice president now directly owns 423,597 shares of the company’s stock, valued at $44,049,852.03. This represents a 0.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John D. Rainey sold 38,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $98.80, for a total value of $3,754,400.00. Following the transaction, the executive vice president now directly owns 257,281 shares in the company, valued at $25,419,362.80. The trade was a 12.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 140,533 shares of company stock valued at $13,241,740. 45.58% of the stock is currently owned by company insiders.

Analyst Ratings Changes

WMT has been the subject of several recent analyst reports. Robert W. Baird upped their target price on Walmart from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 18th. Oppenheimer cut their target price on Walmart from $110.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday, April 7th. KeyCorp upped their target price on Walmart from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Friday, February 21st. Roth Mkm restated a “buy” rating and set a $108.00 target price (up from $97.00) on shares of Walmart in a research note on Friday, February 21st. Finally, Barclays restated an “overweight” rating on shares of Walmart in a research note on Friday, February 28th. Three research analysts have rated the stock with a hold rating, thirty have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $103.58.

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.