Capitolis Liquid Global Markets LLC Grows Holdings in Walmart Inc. (NYSE:WMT)

Capitolis Liquid Global Markets LLC increased its position in Walmart Inc. (NYSE:WMT - Free Report) by 27.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,659,400 shares of the retailer's stock after purchasing an additional 783,000 shares during the quarter. Walmart makes up 3.2% of Capitolis Liquid Global Markets LLC's portfolio, making the stock its 10th biggest position. Capitolis Liquid Global Markets LLC's holdings in Walmart were worth $330,627,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMT. Cetera Investment Advisers raised its position in shares of Walmart by 7.1% in the fourth quarter. Cetera Investment Advisers now owns 1,856,878 shares of the retailer's stock valued at $167,769,000 after buying an additional 122,966 shares in the last quarter. Blue Capital Inc. bought a new stake in shares of Walmart during the 4th quarter valued at about $3,717,000. Brevan Howard Capital Management LP acquired a new stake in shares of Walmart during the 4th quarter worth approximately $2,995,000. Bramshill Investments LLC acquired a new stake in Walmart in the fourth quarter worth $452,000. Finally, Captrust Financial Advisors grew its stake in shares of Walmart by 3.6% in the 4th quarter. Captrust Financial Advisors now owns 1,064,188 shares of the retailer's stock valued at $96,149,000 after buying an additional 37,136 shares during the period. Institutional investors own 26.76% of the company's stock.

Insiders Place Their Bets

In other news, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $97.37, for a total transaction of $214,214.00. Following the completion of the sale, the executive vice president now owns 632,718 shares of the company's stock, valued at $61,607,751.66. The trade was a 0.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company's stock in a transaction that occurred on Thursday, April 24th. The stock was sold at an average price of $94.19, for a total transaction of $2,743,189.56. Following the completion of the transaction, the chief executive officer now owns 4,480,347 shares of the company's stock, valued at approximately $422,003,883.93. The trade was a 0.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 133,857 shares of company stock valued at $12,444,743. Corporate insiders own 45.58% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on WMT shares. The Goldman Sachs Group reiterated a "buy" rating on shares of Walmart in a report on Wednesday, March 26th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $115.00 target price on shares of Walmart in a research report on Thursday, April 10th. Raymond James reduced their price target on shares of Walmart from $115.00 to $105.00 and set an "outperform" rating for the company in a research report on Friday, April 11th. Royal Bank of Canada reissued an "outperform" rating and set a $102.00 price objective on shares of Walmart in a report on Tuesday. Finally, Piper Sandler boosted their price target on shares of Walmart from $93.00 to $118.00 and gave the company an "overweight" rating in a research report on Tuesday, February 18th. Two analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Walmart has a consensus rating of "Moderate Buy" and an average price target of $103.94.

Walmart Trading Up 0.2 %

WMT stock traded up $0.21 during trading on Wednesday, reaching $98.76. The company had a trading volume of 11,301,127 shares, compared to its average volume of 17,814,602. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. Walmart Inc. has a 52 week low of $59.44 and a 52 week high of $105.30. The business has a 50 day moving average of $90.62 and a 200 day moving average of $91.70. The company has a market cap of $790.13 billion, a P/E ratio of 40.98, a PEG ratio of 4.42 and a beta of 0.70.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $178.83 billion. As a group, sell-side analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

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