Walmart Inc. (NYSE:WMT) is Security National Bank of SO Dak’s 8th Largest Position

Security National Bank of SO Dak lifted its holdings in Walmart Inc. (NYSE:WMT) by 0.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 48,048 shares of the retailer’s stock after purchasing an additional 397 shares during the period. Walmart comprises approximately 2.4% of Security National Bank of SO Dak’s portfolio, making the stock its 8th largest holding. Security National Bank of SO Dak’s holdings in Walmart were worth $4,341,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Regent Peak Wealth Advisors LLC grew its stake in Walmart by 1.3% in the fourth quarter. Regent Peak Wealth Advisors LLC now owns 17,325 shares of the retailer’s stock worth $1,565,000 after purchasing an additional 226 shares in the last quarter. R.H. Investment Group LLC purchased a new position in shares of Walmart during the fourth quarter valued at $6,159,000. Oak Thistle LLC bought a new stake in shares of Walmart in the fourth quarter valued at about $759,000. Park Avenue Securities LLC grew its holdings in Walmart by 13.0% during the 4th quarter. Park Avenue Securities LLC now owns 199,841 shares of the retailer’s stock worth $18,056,000 after acquiring an additional 23,008 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in Walmart by 43.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 48,767 shares of the retailer’s stock valued at $4,406,000 after purchasing an additional 14,824 shares during the period. 26.76% of the stock is owned by institutional investors.

Walmart Trading Down 0.5%

Shares of NYSE:WMT opened at $96.31 on Friday. 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 Inc. has a 52-week low of $62.94 and a 52-week high of $105.30. The stock has a market cap of $770.57 billion, a price-to-earnings ratio of 39.96, a PEG ratio of 4.42 and a beta of 0.70. The business has a 50-day moving average price of $90.98 and a 200-day moving average price of $92.29.

Walmart (NYSE:WMT) last posted its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.03. The company had revenue of $165.61 billion during the quarter, compared to analyst estimates of $164.53 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. During the same period last year, the firm posted $0.60 EPS. Equities analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 12th will be given a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a yield of 0.95%. Walmart’s dividend payout ratio is presently 39.00%.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $85.63, for a total transaction of $2,493,888.12. Following the completion of the transaction, the chief executive officer now directly owns 3,972,517 shares in the company, valued at approximately $340,166,630.71. This trade represents a 0.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total value of $343,800.00. Following the completion of the sale, the executive vice president now owns 888,309 shares in the company, valued at approximately $76,350,158.55. This represents a 0.45% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 133,857 shares of company stock valued at $12,444,743. 45.58% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Guggenheim reiterated a “buy” rating and set a $100.00 price objective on shares of Walmart in a research note on Monday, February 24th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a report on Monday, May 5th. Barclays restated an “overweight” rating on shares of Walmart in a research note on Friday, February 28th. The Goldman Sachs Group reiterated a “buy” rating on shares of Walmart in a research note on Wednesday, March 26th. Finally, Mizuho assumed coverage on shares of Walmart in a research report on Friday, April 11th. They set an “outperform” rating and a $105.00 price target for the company. Two equities research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $103.94.

About Walmart

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.