All Terrain Financial Advisors LLC Trims Stock Position in Walmart Inc. (NYSE:WMT)

All Terrain Financial Advisors LLC trimmed its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 89.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,370 shares of the retailer's stock after selling 62,033 shares during the quarter. All Terrain Financial Advisors LLC's holdings in Walmart were worth $666,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in WMT. Principal Financial Group Inc. boosted its stake 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 purchasing an additional 809,352 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Walmart during the 3rd quarter worth approximately $541,000. SOA Wealth Advisors LLC. grew its position in shares of Walmart by 4.2% in the third quarter. SOA Wealth Advisors LLC. now owns 9,052 shares of the retailer's stock valued at $731,000 after purchasing an additional 364 shares in the last quarter. Aldebaran Financial Inc. increased its holdings in shares of Walmart by 10.9% in the third quarter. Aldebaran Financial Inc. now owns 22,250 shares of the retailer's stock valued at $1,797,000 after purchasing an additional 2,191 shares during the last quarter. Finally, Tudor Financial Inc. purchased a new position in Walmart during the third quarter worth approximately $504,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Performance

Shares of WMT traded up $1.32 during mid-day trading on Friday, hitting $98.73. 16,026,369 shares of the company's stock were exchanged, compared to its average volume of 17,851,074. The business's 50 day moving average is $90.52 and its two-hundred day moving average is $91.40. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $789.93 billion, a P/E ratio of 40.97, a P/E/G ratio of 4.42 and a beta of 0.69. Walmart Inc. has a fifty-two week low of $59.39 and a fifty-two week high of $105.30.

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

Walmart Dividend Announcement

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

Wall Street Analysts Forecast Growth

WMT has been the subject of a number of recent analyst reports. DZ Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating and set a $110.00 price target for the company in a report on Tuesday, February 25th. Oppenheimer reduced their target price on Walmart from $110.00 to $95.00 and set an "outperform" rating on the stock in a research report on Monday, April 7th. Royal Bank of Canada lowered their price target on Walmart from $107.00 to $102.00 and set an "outperform" rating for the company in a report on Thursday, April 10th. Evercore ISI lowered their target price 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. Finally, Barclays reissued an "overweight" rating on shares of Walmart in a research note on Friday, February 28th. Two research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Walmart has a consensus rating of "Moderate Buy" and an average price target of $103.58.

Insiders Place Their Bets

In other news, EVP John D. Rainey sold 38,000 shares of Walmart stock in a transaction that occurred 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 in the company, valued at approximately $25,419,362.80. This trade represents a 12.87 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Daniel J. Bartlett sold 1,600 shares of the business'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 value of $166,384.00. Following the sale, the executive vice president now directly owns 423,597 shares in the company, valued at $44,049,852.03. This trade represents a 0.38 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 169,657 shares of company stock worth $15,984,929. Company insiders own 45.58% of the company's stock.

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.