Allium Financial Advisors LLC Invests $398,000 in Walmart Inc. (NYSE:WMT)

Key Points

• Allium Financial Advisors LLC acquired 4,534 shares of Walmart Inc. in Q1, valued at approximately $398,000, according to a recent 13F filing.
• Walmart reported a net margin of 2.75% and revenue of $165.61 billion in its latest quarterly earnings, beating expectations.
• The company also announced a dividend of $0.235 per share, resulting in a yield of 0.95%, which was paid to shareholders on May 27th.

Allium Financial Advisors LLC bought a new position in Walmart Inc. (NYSE:WMT - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,534 shares of the retailer's stock, valued at approximately $398,000.

A number of other large investors have also recently bought and sold shares of the business. Whelan Financial increased its stake in shares of Walmart by 2.3% during the fourth quarter. Whelan Financial now owns 4,339 shares of the retailer's stock valued at $392,000 after acquiring an additional 97 shares during the period. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Walmart by 1.7% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 5,937 shares of the retailer's stock valued at $538,000 after acquiring an additional 98 shares during the period. Scott & Selber Inc. increased its stake in shares of Walmart by 3.7% during the first quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock valued at $256,000 after acquiring an additional 105 shares during the period. Capital Advisors Wealth Management LLC increased its stake in shares of Walmart by 1.4% during the first quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock valued at $684,000 after acquiring an additional 105 shares during the period. Finally, Lauterbach Financial Advisors LLC increased its stake in shares of Walmart by 1.8% during the first quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock valued at $517,000 after acquiring an additional 106 shares during the period. Institutional investors own 26.76% of the company's stock.

Walmart Stock Performance

WMT traded up $0.85 during trading on Friday, hitting $97.45. The stock had a trading volume of 12,845,633 shares, compared to its average volume of 13,524,539. The company has a 50 day simple moving average of $96.76 and a 200-day simple moving average of $94.83. Walmart Inc. has a 12 month low of $66.67 and a 12 month high of $105.30. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47. The firm has a market cap of $777.72 billion, a PE ratio of 41.65, a P/E/G ratio of 4.69 and a beta of 0.68.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.03. Walmart had a net margin of 2.75% and a return on equity of 21.76%. The firm had revenue of $165.61 billion during the quarter, compared to analyst estimates of $164.53 billion. During the same quarter in the prior year, the business posted $0.60 earnings per share. 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 year.

Walmart Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have issued reports on WMT. Mizuho lifted their price target on shares of Walmart from $105.00 to $115.00 and gave the stock an "outperform" rating in a research report on Monday, June 9th. Raymond James Financial decreased their target price on Walmart from $115.00 to $105.00 and set an "outperform" rating on the stock in a report on Friday, April 11th. Oppenheimer lifted their target price on Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. Robert W. Baird lifted their target price on Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. Finally, Wall Street Zen upgraded Walmart from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Two investment analysts have rated the stock with a hold rating, thirty have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Walmart has a consensus rating of "Moderate Buy" and a consensus price target of $106.67.

Insider Activity

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $98.44, for a total transaction of $216,568.00. Following the sale, the executive vice president directly owned 628,318 shares of the company's stock, valued at approximately $61,851,623.92. This represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO C Douglas Mcmillon sold 29,148 shares of the company's 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 sale, the chief executive officer directly owned 4,451,199 shares in the company, valued at $429,896,799.42. This represents a 0.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 126,696 shares of company stock valued at $12,222,245 in the last ninety days. 45.58% of the stock is currently owned by corporate insiders.

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.