Consolidated Portfolio Review Corp Has $3.84 Million Stake in Walmart Inc. (NYSE:WMT)

Consolidated Portfolio Review Corp raised its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 8.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 43,744 shares of the retailer's stock after purchasing an additional 3,560 shares during the quarter. Consolidated Portfolio Review Corp's holdings in Walmart were worth $3,840,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of WMT. Vanguard Group Inc. raised its position in shares of Walmart by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer's stock worth $38,194,278,000 after acquiring an additional 2,050,683 shares during the last quarter. Geode Capital Management LLC increased its position in Walmart by 3.4% in the fourth quarter. Geode Capital Management LLC now owns 90,635,238 shares of the retailer's stock worth $8,167,186,000 after purchasing an additional 3,017,829 shares during the period. Norges Bank bought a new stake in Walmart during the 4th quarter worth about $5,737,355,000. Fisher Asset Management LLC lifted its position in Walmart by 2.4% during the 4th quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock valued at $4,408,452,000 after purchasing an additional 1,133,201 shares during the period. Finally, Northern Trust Corp boosted its stake in shares of Walmart by 8.9% in the 4th quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer's stock valued at $3,943,049,000 after purchasing an additional 3,550,037 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Up 1.8%

WMT stock opened at $97.88 on Tuesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.78 and a quick ratio of 0.22. The stock has a market capitalization of $781.12 billion, a P/E ratio of 41.83, a P/E/G ratio of 4.69 and a beta of 0.69. Walmart Inc. has a fifty-two week low of $66.55 and a fifty-two week high of $105.30. The business has a 50-day moving average of $96.45 and a 200-day moving average of $94.15.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. The firm had revenue of $165.61 billion for the quarter, compared to analysts' expectations of $164.53 billion. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The business's quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 EPS. On average, sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date of this dividend was Friday, May 9th. This represents a dividend yield of 0.95%. Walmart's dividend payout ratio is 40.17%.

Analysts Set New Price Targets

A number of research firms recently weighed in on WMT. UBS Group dropped 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. Barclays reaffirmed an "overweight" rating on shares of Walmart in a report on Friday, February 28th. Raymond James Financial cut their price target on Walmart from $115.00 to $105.00 and set an "outperform" rating on the stock in a research note on Friday, April 11th. KeyCorp raised their price target on Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. Finally, Erste Group Bank downgraded Walmart from a "strong-buy" rating to a "hold" rating in a report on Monday, March 17th. Two research 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $106.50.

Insider Activity

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $85.63, for a total value of $2,493,888.12. Following the completion of the sale, the chief executive officer now owns 3,972,517 shares of the company's stock, valued at approximately $340,166,630.71. This represents a 0.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 1,760 shares of the business's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $94.82, for a total transaction of $166,883.20. Following the transaction, the executive vice president now owns 520,275 shares in the company, valued at approximately $49,332,475.50. The trade was a 0.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 152,419 shares of company stock worth $14,295,650 in the last quarter. Corporate insiders own 45.58% of the company's stock.

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.

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