Walmart Inc. (NYSE:WMT) Shares Sold by Bokf Na

BOKF NA lessened its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 595,905 shares of the retailer's stock after selling 8,934 shares during the quarter. Walmart comprises 0.9% of BOKF NA's holdings, making the stock its 21st biggest position. BOKF NA's holdings in Walmart were worth $55,419,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. FPC Investment Advisory Inc. acquired a new stake in shares of Walmart during the fourth quarter worth $25,000. Horizon Financial Services LLC lifted its position in Walmart by 1,007.7% during the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock worth $26,000 after acquiring an additional 262 shares during the period. Fiduciary Advisors Inc. purchased a new stake in Walmart during the 4th quarter valued at about $27,000. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart during the fourth quarter worth about $32,000. Finally, Noble Wealth Management PBC purchased a new stake in Walmart in the fourth quarter valued at approximately $37,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insider Activity

In related news, EVP Daniel J. Bartlett sold 1,600 shares of the business's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total transaction of $166,384.00. Following the sale, the executive vice president now owns 423,597 shares of the company's stock, valued at approximately $44,049,852.03. The trade was a 0.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated 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 transaction, the executive vice president now directly owns 888,309 shares of the company's stock, valued at approximately $76,350,158.55. This trade represents a 0.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 133,857 shares of company stock valued at $12,444,743 in the last three months. 45.58% of the stock is currently owned by company insiders.

Analyst Ratings Changes

WMT has been the subject of several research reports. Wells Fargo & Company lifted their price objective on shares of Walmart from $100.00 to $108.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. KeyCorp lifted their target price on shares of Walmart from $100.00 to $105.00 and gave the company an "overweight" rating in a research report on Friday, February 21st. Telsey Advisory Group restated an "outperform" rating and set a $115.00 target price on shares of Walmart in a report on Thursday, April 10th. Morgan Stanley reaffirmed an "overweight" rating and issued a $115.00 price target (up previously from $106.00) on shares of Walmart in a research note on Thursday, February 13th. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $102.00 target price on shares of Walmart in a report on Tuesday. Two 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. According to MarketBeat.com, Walmart currently has a consensus rating of "Moderate Buy" and a consensus price target of $103.94.

Walmart Stock Performance

WMT traded up $0.21 on Wednesday, hitting $98.76. 11,301,127 shares of the company traded hands, compared to its average volume of 17,814,602. The company has a 50 day moving average of $90.62 and a 200-day moving average of $91.70. Walmart Inc. has a 12-month low of $59.44 and a 12-month high of $105.30. The stock has a market capitalization of $790.13 billion, a PE ratio of 40.98, a PEG ratio of 4.42 and a beta of 0.70. 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 data 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 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 analysts' expectations of $178.83 billion. Sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

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

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.