111 Capital Buys Shares of 20,415 Walmart Inc. (NYSE:WMT)

111 Capital acquired a new stake in Walmart Inc. (NYSE:WMT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 20,415 shares of the retailer's stock, valued at approximately $1,844,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Tallon Kerry Patrick bought a new position in Walmart during the 4th quarter valued at $252,000. LaFleur & Godfrey LLC boosted its position in shares of Walmart by 1.4% during the 4th quarter. LaFleur & Godfrey LLC now owns 69,542 shares of the retailer's stock valued at $6,283,000 after purchasing an additional 992 shares in the last quarter. Eagle Capital Management LLC boosted its holdings in shares of Walmart by 9.1% in the fourth quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer's stock worth $349,000 after buying an additional 321 shares during the period. Brighton Jones LLC boosted its holdings in shares of Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after buying an additional 21,939 shares during the period. Finally, AlphaMark Advisors LLC lifted its position in shares of Walmart by 77.9% in the fourth quarter. AlphaMark Advisors LLC now owns 1,884 shares of the retailer's stock worth $170,000 after purchasing an additional 825 shares in the last quarter. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on WMT. Wall Street Zen raised shares of Walmart from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. UBS Group cut their price target on Walmart from $112.00 to $110.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Barclays restated an "overweight" rating on shares of Walmart in a research report on Friday, February 28th. Raymond James lowered their target price on Walmart from $115.00 to $105.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. Finally, Stifel Nicolaus cut their price objective on Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Two research 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, the company currently has an average rating of "Moderate Buy" and an average price target of $104.94.

Insiders Place Their Bets

In related news, CEO C Douglas Mcmillon sold 29,148 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $96.58, for a total transaction of $2,815,113.84. Following the completion of the transaction, the chief executive officer now owns 4,451,199 shares of the company's stock, valued at $429,896,799.42. This trade represents a 0.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $88.66, for a total value of $195,052.00. Following the completion of the sale, the executive vice president now directly owns 398,024 shares of the company's stock, valued at approximately $35,288,807.84. The trade was a 0.55% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 135,334 shares of company stock worth $12,615,864. 45.58% of the stock is currently owned by company insiders.

Walmart Price Performance

NYSE WMT traded up $1.47 during trading on Friday, reaching $98.57. The company's stock had a trading volume of 29,968,085 shares, compared to its average volume of 17,929,072. The stock has a market capitalization of $788.65 billion, a PE ratio of 40.90, 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. The firm has a fifty day moving average of $93.46 and a 200 day moving average of $93.36. Walmart Inc. has a one year low of $64.16 and a one year high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last announced its earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The business had revenue of $165.61 billion for the quarter, compared to analyst estimates of $164.53 billion. During the same period in the prior year, the company earned $0.60 EPS. The company's quarterly revenue was up 2.5% compared to the same quarter last year. Analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 12th were issued a dividend of $0.235 per share. This represents a yield of 0.95%. The ex-dividend date was Friday, May 9th. Walmart's dividend payout ratio is presently 40.17%.

Walmart 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.