Bramshill Investments LLC Makes New $452,000 Investment in Walmart Inc. (NYSE:WMT)

Bramshill Investments LLC bought a new position in Walmart Inc. (NYSE:WMT - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,000 shares of the retailer's stock, valued at approximately $452,000.

A number of other large investors have also bought and sold shares of the business. FPC Investment Advisory Inc. bought a new stake in shares of Walmart during the fourth quarter worth $25,000. Horizon Financial Services LLC raised its holdings 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 purchasing an additional 262 shares during the last quarter. Fiduciary Advisors Inc. acquired a new position 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 4th quarter worth approximately $32,000. Finally, Noble Wealth Management PBC bought a new stake in shares of Walmart during the fourth quarter worth approximately $37,000. 26.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on WMT. Truist Financial lifted their target price on shares of Walmart from $98.00 to $111.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. Raymond James dropped their price objective on Walmart from $115.00 to $105.00 and set an "outperform" rating for the company in a report on Friday, April 11th. Robert W. Baird boosted their target price on Walmart from $100.00 to $115.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 18th. Mizuho started coverage on shares of Walmart in a research report on Friday, April 11th. They issued an "outperform" rating and a $105.00 price target on the stock. Finally, Piper Sandler boosted their price objective on shares of Walmart from $93.00 to $118.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $103.58.

Walmart Trading Up 1.4 %

Shares of WMT stock opened at $98.73 on Monday. Walmart Inc. has a 12-month low of $59.39 and a 12-month high of $105.30. The firm has a 50 day moving average price of $90.52 and a two-hundred day moving average price of $91.47. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $789.93 billion, a PE ratio of 40.97, a price-to-earnings-growth ratio of 4.42 and a beta of 0.70.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating analysts' consensus estimates 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. As a group, analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

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

Insider Activity at Walmart

In other Walmart news, EVP Christopher James Nicholas sold 17,600 shares of the firm's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $94.42, for a total value of $1,661,792.00. Following the completion of the sale, the executive vice president now directly owns 348,357 shares of the company's stock, valued at $32,891,867.94. This trade represents a 4.81 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Daniel J. Bartlett sold 1,600 shares of the stock in a transaction 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 transaction, the executive vice president now owns 423,597 shares of the company's stock, valued at $44,049,852.03. The trade was a 0.38 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 131,657 shares of company stock worth $12,230,529 over the last quarter. Company insiders own 45.58% of the company's stock.

Walmart Company 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.

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