105,809 Shares in Walmart Inc. (NYSE:WMT) Acquired by Caliber Wealth Management LLC KS

Key Points

• Caliber Wealth Management LLC KS acquired 105,809 shares of Walmart Inc., valued at approximately $9.3 million, making it 1.3% of their total holdings.
• Walmart's stock experienced a slight increase of 0.9%, closing at $97.45, with a market cap of $777.72 billion and a PE ratio of 41.65.
• The company declared a $0.235 dividend, yielding 0.95%, with a dividend payout ratio of 40.17% for shareholders of record.

Caliber Wealth Management LLC KS purchased a new position in Walmart Inc. (NYSE:WMT - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 105,809 shares of the retailer's stock, valued at approximately $9,289,000. Walmart comprises approximately 1.3% of Caliber Wealth Management LLC KS's holdings, making the stock its 19th largest position.

A number of other large investors also recently modified their holdings of the company. World Investment Advisors grew its stake in Walmart by 7.6% during the 4th quarter. World Investment Advisors now owns 271,515 shares of the retailer's stock valued at $24,532,000 after purchasing an additional 19,233 shares in the last quarter. Full Sail Capital LLC grew its position in shares of Walmart by 6.6% in the 4th quarter. Full Sail Capital LLC now owns 8,702 shares of the retailer's stock worth $786,000 after acquiring an additional 541 shares in the last quarter. Leslie Global Wealth LLC grew its position in shares of Walmart by 22.0% in the 4th quarter. Leslie Global Wealth LLC now owns 3,154 shares of the retailer's stock worth $285,000 after acquiring an additional 568 shares in the last quarter. Scalar Gauge Management LLC boosted its position in Walmart by 76.9% during the 4th quarter. Scalar Gauge Management LLC now owns 69,000 shares of the retailer's stock valued at $6,234,000 after purchasing an additional 30,000 shares during the period. Finally, Monument Capital Management boosted its position in Walmart by 94.2% during the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock valued at $4,829,000 after purchasing an additional 26,685 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Walmart

In other news, EVP Kathryn J. Mclay sold 28,000 shares of the stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $97.00, for a total value of $2,716,000.00. Following the completion of the transaction, the executive vice president directly owned 1,064,455 shares of the company's stock, valued at approximately $103,252,135. This represents a 2.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $95.85, for a total value of $1,258,031.25. Following the completion of the transaction, the executive vice president directly owned 945,434 shares of the company's stock, valued at approximately $90,619,848.90. The trade was a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 126,696 shares of company stock worth $12,222,245. Insiders own 45.58% of the company's stock.

Walmart Stock Up 0.9%

Shares of WMT traded up $0.85 during trading hours on Friday, hitting $97.45. 12,845,633 shares of the company were exchanged, compared to its average volume of 13,524,539. The company has a market cap of $777.72 billion, a PE ratio of 41.65, a PEG ratio of 4.65 and a beta of 0.68. The firm's 50 day moving average is $96.76 and its 200-day moving average is $94.81. Walmart Inc. has a 52 week low of $66.67 and a 52 week high of $105.30. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.22 and a current ratio of 0.78.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, topping 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 business had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. During the same quarter in the previous year, the firm earned $0.60 EPS. The firm's revenue was up 2.5% compared to the same quarter last year. On average, equities research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on WMT shares. Mizuho boosted their price objective on Walmart from $105.00 to $115.00 and gave the company an "outperform" rating in a research report on Monday, June 9th. Royal Bank Of Canada reissued an "outperform" rating and issued a $103.00 price objective (up previously from $102.00) on shares of Walmart in a research note on Monday, June 9th. Telsey Advisory Group reissued an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a research note on Monday, June 9th. Stifel Nicolaus cut their target price on Walmart from $93.00 to $91.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. Finally, Wall Street Zen raised Walmart from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Two equities research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $106.67.

About Walmart

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.