Bensler LLC Has $4.99 Million Position in Walmart Inc. (NYSE:WMT)

Bensler LLC lessened its position in Walmart Inc. (NYSE:WMT - Free Report) by 24.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 56,834 shares of the retailer's stock after selling 18,651 shares during the quarter. Bensler LLC's holdings in Walmart were worth $4,989,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Tallon Kerry Patrick acquired a new position in shares of Walmart during the 4th quarter worth approximately $252,000. LaFleur & Godfrey LLC increased 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 worth $6,283,000 after purchasing an additional 992 shares during the last quarter. Eagle Capital Management LLC increased its position in shares of Walmart by 9.1% during the 4th quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer's stock worth $349,000 after purchasing an additional 321 shares during the last quarter. Brighton Jones LLC increased its position in shares of Walmart by 28.8% during the 4th quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after purchasing an additional 21,939 shares during the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new position in shares of Walmart during the 4th quarter worth approximately $10,645,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Transactions at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $99.00, for a total transaction of $217,800.00. Following the completion of the transaction, the executive vice president now owns 630,518 shares of the company's stock, valued at approximately $62,421,282. The trade was a 0.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,148 shares of the business's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $96.58, for a total value of $2,815,113.84. Following the transaction, the chief executive officer now directly 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 disclosure for this sale can be found here. In the last quarter, insiders sold 137,534 shares of company stock valued at $12,833,664. Corporate insiders own 45.58% of the company's stock.

Walmart Price Performance

Shares of NYSE:WMT traded down $0.63 during trading on Friday, reaching $94.20. 18,672,575 shares of the company traded hands, compared to its average volume of 17,923,078. The company's 50 day moving average is $95.54 and its two-hundred day moving average is $94.04. The firm has a market capitalization of $753.69 billion, a PE ratio of 39.09, a PEG ratio of 4.42 and a beta of 0.69. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. Walmart Inc. has a 52 week low of $66.30 and a 52 week high of $105.30.

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

Walmart Announces Dividend

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

Analysts Set New Price Targets

Several research firms have weighed in on WMT. DA Davidson reaffirmed a "buy" rating and set a $117.00 price target on shares of Walmart in a research report on Friday, May 16th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Walmart in a research report on Wednesday, March 26th. UBS Group lowered their price target on Walmart from $112.00 to $110.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. DZ Bank upgraded Walmart from a "hold" rating to a "buy" rating and set a $110.00 target price for the company in a research note on Tuesday, February 25th. Finally, Barclays reiterated an "overweight" rating on shares of Walmart in a research note on Friday, February 28th. Two equities research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Walmart presently has a consensus rating of "Moderate Buy" and a consensus target price of $106.50.

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.