DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Has $882.28 Million Holdings in Walmart Inc. (NYSE:WMT)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 48.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,765,159 shares of the retailer's stock after acquiring an additional 3,182,477 shares during the quarter. Walmart accounts for approximately 0.9% of DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's investment portfolio, making the stock its 28th biggest holding. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned approximately 0.12% of Walmart worth $882,282,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. FPC Investment Advisory Inc. acquired a new position in Walmart in the 4th quarter valued at $25,000. Horizon Financial Services LLC increased its position in Walmart by 1,007.7% during the fourth 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. acquired a new stake in Walmart in the 4th quarter worth about $27,000. Decker Retirement Planning Inc. acquired a new position in shares of Walmart during the 4th quarter worth approximately $32,000. Finally, Noble Wealth Management PBC acquired a new stake in Walmart during the fourth quarter worth approximately $37,000. Institutional investors own 26.76% of the company's stock.

Insiders Place Their Bets

In related news, EVP Christopher James Nicholas sold 17,600 shares of the stock in a transaction on Friday, February 21st. The shares were sold at an average price of $94.42, for a total transaction of $1,661,792.00. Following the transaction, the executive vice president now owns 348,357 shares of the company's stock, valued at approximately $32,891,867.94. This trade represents a 4.81 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company's stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $85.63, for a total transaction of $2,493,888.12. Following the sale, the chief executive officer now owns 3,972,517 shares of the company's stock, valued at approximately $340,166,630.71. The trade was a 0.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 133,857 shares of company stock worth $12,444,743 in the last ninety days. 45.58% of the stock is currently owned by insiders.

Walmart Stock Down 0.8 %

Shares of NYSE WMT opened at $98.55 on Wednesday. The business's fifty day moving average price is $90.62 and its 200-day moving average price is $91.65. Walmart Inc. has a one year low of $59.44 and a one year high of $105.30. The stock has a market capitalization of $788.49 billion, a PE ratio of 40.89, a P/E/G ratio of 4.42 and a beta of 0.70. 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 (NYSE:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating analysts' consensus estimates of $0.64 by $0.02. The company had revenue of $180.55 billion for the quarter, compared to analysts' expectations of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. On average, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Oppenheimer cut their target price on Walmart from $110.00 to $95.00 and set an "outperform" rating for the company in a research note on Monday, April 7th. Robert W. Baird increased their target price on shares of Walmart from $100.00 to $115.00 and gave the stock an "outperform" rating in a report on Tuesday, February 18th. Mizuho began coverage on shares of Walmart in a report on Friday, April 11th. They set an "outperform" rating and a $105.00 price target on the stock. Citigroup reissued a "positive" rating on shares of Walmart in a research note on Thursday, February 20th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $102.00 target price on shares of Walmart in a research note on Tuesday. Two investment analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Walmart currently has a consensus rating of "Moderate Buy" and a consensus price target of $103.45.

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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