Coleford Investment Management Ltd. Has $30.75 Million Position in Walmart Inc. (NYSE:WMT)

Coleford Investment Management Ltd. trimmed its position in Walmart Inc. (NYSE:WMT - Free Report) by 2.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 349,330 shares of the retailer's stock after selling 9,955 shares during the period. Walmart accounts for 8.6% of Coleford Investment Management Ltd.'s investment portfolio, making the stock its biggest position. Coleford Investment Management Ltd.'s holdings in Walmart were worth $30,750,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Lipe & Dalton increased its stake in Walmart by 95.2% in the first quarter. Lipe & Dalton now owns 410 shares of the retailer's stock valued at $36,000 after acquiring an additional 200 shares during the last quarter. Darden Wealth Group Inc increased its stake in Walmart by 5.0% in the first quarter. Darden Wealth Group Inc now owns 5,810 shares of the retailer's stock valued at $510,000 after acquiring an additional 275 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its stake in Walmart by 13.8% in the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 5,050 shares of the retailer's stock valued at $443,000 after acquiring an additional 612 shares during the last quarter. Ring Mountain Capital LLC lifted its stake in Walmart by 9.3% in the first quarter. Ring Mountain Capital LLC now owns 3,478 shares of the retailer's stock worth $305,000 after purchasing an additional 295 shares during the last quarter. Finally, Creekmur Asset Management LLC lifted its stake in Walmart by 2.4% in the first quarter. Creekmur Asset Management LLC now owns 34,437 shares of the retailer's stock worth $3,023,000 after purchasing an additional 814 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Price Performance

Shares of NYSE WMT remained flat at $95.09 on Friday. 3,063,106 shares of the company's stock were exchanged, compared to its average volume of 19,506,203. Walmart Inc. has a fifty-two week low of $66.67 and a fifty-two week high of $105.30. The company has a 50 day moving average of $96.85 and a 200 day moving average of $94.59. The stock has a market cap of $758.86 billion, a P/E ratio of 40.60, a price-to-earnings-growth ratio of 4.58 and a beta of 0.68. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. Walmart had a net margin of 2.75% and a return on equity of 21.76%. The business had revenue of $165.61 billion during the quarter, compared to the consensus estimate of $164.53 billion. During the same quarter in the previous year, the firm posted $0.60 EPS. The firm's revenue was up 2.5% on a year-over-year basis. Analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal 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 paid a dividend of $0.235 per share. This represents a dividend yield of 0.95%. The ex-dividend date of this dividend was Friday, May 9th. Walmart's dividend payout ratio is presently 40.17%.

Insider Buying and Selling at Walmart

In other news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Friday, June 20th. The shares were sold at an average price of $95.85, for a total transaction of $1,258,031.25. Following the transaction, the executive vice president owned 945,434 shares in the company, valued at $90,619,848.90. This trade represents a 1.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of Walmart 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 transaction, the executive vice president owned 630,518 shares in the company, valued at $62,421,282. This represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 142,695 shares of company stock worth $13,710,162. 45.58% of the stock is owned by insiders.

Wall Street Analyst Weigh In

WMT has been the subject of several recent research reports. UBS Group lowered their price target on shares of Walmart from $112.00 to $110.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. Oppenheimer boosted their price target on shares of Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 7th. Telsey Advisory Group reissued an "outperform" rating and issued a $115.00 price target on shares of Walmart in a research note on Monday, June 9th. KeyCorp boosted their price objective on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Monday, June 9th. Finally, Truist Financial increased their target price on shares of Walmart from $107.00 to $111.00 and gave the stock a "buy" rating in a report on Friday, May 16th. Two analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average 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.

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