Walmart Inc. (NYSE:WMT - Get Free Report) EVP Daniel J. Bartlett sold 1,760 shares of the business's stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $94.82, for a total transaction of $166,883.20. Following the sale, the executive vice president now owns 520,275 shares of the company's stock, valued at approximately $49,332,475.50. This represents a 0.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Walmart Stock Performance
Shares of NYSE WMT opened at $93.17 on Friday. The stock has a market capitalization of $746.93 billion, a P/E ratio of 38.66, a P/E/G ratio of 4.42 and a beta of 0.69. The firm's 50-day moving average price is $91.71 and its two-hundred day moving average price is $90.18. Walmart Inc. has a 52-week low of $58.56 and a 52-week 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 - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping 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 business had revenue of $180.55 billion for the quarter, compared to the consensus estimate of $178.83 billion. As a group, sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.
Walmart Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be issued a $0.235 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.01%. Walmart's dividend payout ratio (DPR) is presently 39.00%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Principal Financial Group Inc. boosted its position in Walmart by 14.9% during the 3rd quarter. Principal Financial Group Inc. now owns 6,235,504 shares of the retailer's stock worth $503,517,000 after acquiring an additional 809,352 shares during the period. Virtu Financial LLC bought a new stake in shares of Walmart during the third quarter valued at about $541,000. SOA Wealth Advisors LLC. lifted its holdings in Walmart by 4.2% in the third quarter. SOA Wealth Advisors LLC. now owns 9,052 shares of the retailer's stock worth $731,000 after purchasing an additional 364 shares during the period. Aldebaran Financial Inc. grew its position in Walmart by 10.9% in the 3rd quarter. Aldebaran Financial Inc. now owns 22,250 shares of the retailer's stock valued at $1,797,000 after buying an additional 2,191 shares in the last quarter. Finally, Tudor Financial Inc. acquired a new position in Walmart during the 3rd quarter valued at about $504,000. 26.76% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on WMT shares. StockNews.com lowered shares of Walmart from a "buy" rating to a "hold" rating in a report on Thursday. Evercore ISI reduced their price target on Walmart from $107.00 to $100.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 11th. Royal Bank of Canada dropped their price objective on shares of Walmart from $107.00 to $102.00 and set an "outperform" rating on the stock in a research note on Thursday, April 10th. Guggenheim restated a "buy" rating and issued a $100.00 target price on shares of Walmart in a research note on Monday, February 24th. Finally, Robert W. Baird lifted their price target on shares of Walmart from $100.00 to $115.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 18th. Three investment 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's stock. Based on data from MarketBeat.com, Walmart presently has a consensus rating of "Moderate Buy" and an average target price of $103.58.
Check Out Our Latest Analysis on Walmart
Walmart Company Profile
(
Get Free Report)
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.
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