31,639 Shares in Walmart Inc. (NYSE:WMT) Purchased by Armis Advisers LLC

Armis Advisers LLC purchased a new stake in shares of Walmart Inc. (NYSE:WMT - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 31,639 shares of the retailer's stock, valued at approximately $2,859,000.

Other institutional investors have also modified their holdings of the company. World Investment Advisors lifted its position in Walmart by 7.6% in the fourth quarter. World Investment Advisors now owns 271,515 shares of the retailer's stock worth $24,532,000 after purchasing an additional 19,233 shares during the period. Candriam S.C.A. lifted its position in Walmart by 209.7% in the 4th quarter. Candriam S.C.A. now owns 885,008 shares of the retailer's stock worth $79,960,000 after buying an additional 599,257 shares in the last quarter. Modera Wealth Management LLC boosted its position in Walmart by 4.8% during the fourth quarter. Modera Wealth Management LLC now owns 203,150 shares of the retailer's stock valued at $18,355,000 after purchasing an additional 9,292 shares during the last quarter. Cushing Capital Partners LLC acquired a new stake in shares of Walmart during the 4th quarter valued at about $1,124,000. Finally, Campbell Wealth Management acquired a new stake in Walmart in the fourth quarter valued at approximately $359,000. Institutional investors own 26.76% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Roth Mkm reissued a "buy" rating and set a $108.00 price objective (up previously from $97.00) on shares of Walmart in a report on Friday, February 21st. Morgan Stanley reiterated an "overweight" rating and set a $115.00 price target (up previously from $106.00) on shares of Walmart in a report on Thursday, February 13th. Guggenheim reissued a "buy" rating and issued a $100.00 price target on shares of Walmart in a research report on Monday, February 24th. Erste Group Bank downgraded Walmart from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 17th. Finally, Robert W. Baird lifted their price objective on Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Two investment analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Walmart has a consensus rating of "Moderate Buy" and an average price target of $104.94.

Walmart Price Performance

NYSE:WMT traded up $1.18 on Tuesday, reaching $97.52. The stock had a trading volume of 17,168,296 shares, compared to its average volume of 17,858,663. 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 $780.25 billion, a P/E ratio of 40.46, a price-to-earnings-growth ratio of 4.42 and a beta of 0.70. Walmart Inc. has a 1-year low of $64.16 and a 1-year high of $105.30. The stock has a fifty day moving average price of $92.54 and a 200-day moving average price of $93.12.

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

Walmart Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th will be issued a dividend of $0.235 per share. The ex-dividend date is Friday, May 9th. This represents a yield of 0.95%. Walmart's dividend payout ratio is currently 40.17%.

Insider Buying and Selling at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,148 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $96.58, for a total transaction of $2,815,113.84. Following the sale, the chief executive officer now directly owns 4,451,199 shares in the company, valued at approximately $429,896,799.42. This trade represents a 0.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $97.37, for a total transaction of $214,214.00. Following the completion of the transaction, the executive vice president now owns 632,718 shares of the company's stock, valued at $61,607,751.66. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 177,583 shares of company stock worth $16,701,404. Company insiders own 45.58% of the company's stock.

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.