Captrust Financial Advisors Grows Position in Walmart Inc. (NYSE:WMT)

Captrust Financial Advisors boosted its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 3.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,064,188 shares of the retailer's stock after buying an additional 37,136 shares during the quarter. Captrust Financial Advisors' holdings in Walmart were worth $96,149,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of WMT. Annis Gardner Whiting Capital Advisors LLC increased its stake in Walmart by 1.7% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 5,937 shares of the retailer's stock worth $538,000 after buying an additional 98 shares in the last quarter. Coyle Financial Counsel LLC increased its position in shares of Walmart by 3.1% during the fourth quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer's stock worth $310,000 after purchasing an additional 102 shares in the last quarter. SC&H Financial Advisors Inc. raised its stake in Walmart by 1.0% in the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer's stock valued at $924,000 after purchasing an additional 103 shares during the last quarter. Blackston Financial Advisory Group LLC lifted its holdings in Walmart by 0.7% in the 4th quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer's stock valued at $1,417,000 after purchasing an additional 106 shares in the last quarter. Finally, Van Strum & Towne Inc. boosted its stake in Walmart by 1.6% during the 4th quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer's stock worth $619,000 after purchasing an additional 108 shares during the last quarter. Institutional investors own 26.76% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on WMT shares. Robert W. Baird boosted their price target on shares of Walmart from $100.00 to $115.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 18th. Royal Bank of Canada dropped their price target on Walmart from $107.00 to $102.00 and set an "outperform" rating for the company in a research report on Thursday, April 10th. Piper Sandler lifted their price objective on Walmart from $93.00 to $118.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 18th. Evercore ISI dropped their target price on Walmart from $107.00 to $100.00 and set an "outperform" rating for the company in a report on Tuesday, March 11th. Finally, Raymond James reduced their price target on Walmart from $115.00 to $105.00 and set an "outperform" rating on the stock in a report on Friday, April 11th. Two equities research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $103.58.

Insider Buying and Selling at Walmart

In related news, EVP Daniel J. Bartlett sold 1,600 shares of Walmart stock in a transaction on 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm's stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $85.63, for a total value of $2,493,888.12. Following the transaction, the chief executive officer now directly owns 3,972,517 shares in the company, valued at approximately $340,166,630.71. The trade was a 0.73 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 131,657 shares of company stock worth $12,230,529 over the last three months. Insiders own 45.58% of the company's stock.

Walmart Stock Up 1.4 %

Shares of Walmart stock opened at $98.73 on Monday. Walmart Inc. has a 52-week low of $59.39 and a 52-week high of $105.30. The company has a 50 day moving average of $90.52 and a 200 day moving average 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 P/E ratio of 40.97, a P/E/G ratio of 4.42 and a beta of 0.70.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, topping analysts' consensus estimates 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 net margin of 2.85% and a return on equity of 21.87%. As a group, research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, May 27th. Investors 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 (DPR) 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.

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