6,106 Shares in Walmart Inc. (NYSE:WMT) Acquired by Moody Aldrich Partners LLC

Moody Aldrich Partners LLC acquired a new stake in Walmart Inc. (NYSE:WMT - Free Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 6,106 shares of the retailer's stock, valued at approximately $536,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. World Investment Advisors grew its stake in shares of Walmart by 7.6% in the fourth quarter. World Investment Advisors now owns 271,515 shares of the retailer's stock valued at $24,532,000 after acquiring an additional 19,233 shares in the last quarter. Cushing Capital Partners LLC bought a new position in shares of Walmart in the fourth quarter worth about $1,124,000. GWN Securities Inc. bought a new position in shares of Walmart in the fourth quarter worth about $4,658,000. Full Sail Capital LLC increased its position in Walmart by 6.6% during the 4th quarter. Full Sail Capital LLC now owns 8,702 shares of the retailer's stock valued at $786,000 after purchasing an additional 541 shares during the period. Finally, Leslie Global Wealth LLC increased its position in Walmart by 22.0% during the 4th quarter. Leslie Global Wealth LLC now owns 3,154 shares of the retailer's stock valued at $285,000 after purchasing an additional 568 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 29,148 shares of Walmart stock in a transaction dated 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 transaction, the chief executive officer directly owned 4,451,199 shares of the company's stock, valued at $429,896,799.42. The trade was 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 Kathryn J. Mclay sold 28,000 shares of Walmart stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $97.00, for a total value of $2,716,000.00. Following the transaction, the executive vice president directly owned 1,064,455 shares in the company, valued at approximately $103,252,135. The trade was a 2.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 142,711 shares of company stock valued at $13,710,319 in the last 90 days. Corporate insiders own 45.58% of the company's stock.

Walmart Stock Performance

Shares of Walmart stock traded down $2.24 during trading on Tuesday, hitting $97.11. 16,858,959 shares of the company's stock traded hands, compared to its average volume of 18,067,546. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.78 and a quick ratio of 0.22. Walmart Inc. has a 1 year low of $66.67 and a 1 year high of $105.30. The stock has a market capitalization of $774.98 billion, a P/E ratio of 41.50, a PEG ratio of 4.78 and a beta of 0.68. The business has a 50-day simple moving average of $97.24 and a 200-day simple moving average of $94.43.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The company had revenue of $165.61 billion for the quarter, compared to analysts' expectations of $164.53 billion. During the same period last year, the firm posted $0.60 earnings per share. Walmart's revenue was up 2.5% compared to the same quarter last year. As a group, analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

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

Analysts Set New Price Targets

WMT has been the subject of several recent analyst reports. Wall Street Zen raised shares of Walmart from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. DA Davidson reaffirmed a "buy" rating and set a $117.00 price objective on shares of Walmart in a research report on Friday, May 16th. Stifel Nicolaus reduced their price objective on shares of Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Truist Financial raised their price objective on shares of Walmart from $107.00 to $111.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Finally, Erste Group Bank downgraded shares of Walmart from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 17th. Two investment analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Walmart currently has an average rating of "Moderate Buy" and an average target price of $106.67.

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.