5,109 Shares in Walmart Inc. (NYSE:WMT) Acquired by Cypress Asset Management Inc. TX

Cypress Asset Management Inc. TX purchased a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,109 shares of the retailer's stock, valued at approximately $471,000.

A number of other institutional investors have also bought and sold shares of the business. Tallon Kerry Patrick acquired a new stake in Walmart during the 4th quarter worth $252,000. LaFleur & Godfrey LLC lifted its holdings in Walmart by 1.4% in the fourth quarter. LaFleur & Godfrey LLC now owns 69,542 shares of the retailer's stock valued at $6,283,000 after acquiring an additional 992 shares during the period. Eagle Capital Management LLC boosted its holdings in Walmart by 9.1% during the fourth quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer's stock worth $349,000 after buying an additional 321 shares in the last quarter. Raleigh Capital Management Inc. boosted its holdings in Walmart by 5.7% during the fourth quarter. Raleigh Capital Management Inc. now owns 13,855 shares of the retailer's stock worth $1,252,000 after buying an additional 741 shares in the last quarter. Finally, MinichMacGregor Wealth Management LLC lifted its holdings in shares of Walmart by 27.4% in the fourth quarter. MinichMacGregor Wealth Management LLC now owns 7,975 shares of the retailer's stock valued at $724,000 after purchasing an additional 1,713 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,148 shares of the company's stock in a transaction dated 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 of the company's stock, valued at approximately $429,896,799.42. This represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $96.15, for a total transaction of $1,261,968.75. Following the sale, the executive vice president now owns 460,672 shares of the company's stock, valued at approximately $44,293,612.80. This represents a 2.77% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 177,583 shares of company stock worth $16,701,404. Company insiders own 45.58% of the company's stock.

Walmart Trading Up 1.2%

Shares of Walmart stock traded up $1.18 during trading on Tuesday, hitting $97.52. The stock had a trading volume of 17,168,296 shares, compared to its average volume of 17,858,663. The stock has a 50 day simple moving average of $92.54 and a 200 day simple moving average of $93.12. Walmart Inc. has a 1 year low of $64.16 and a 1 year high of $105.30. 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 PE ratio of 40.46, a P/E/G ratio of 4.42 and a beta of 0.70.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The business's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.60 earnings per share. On average, research analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

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

Analysts Set New Price Targets

Several research analysts recently weighed in on WMT shares. Erste Group Bank lowered Walmart from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 17th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Walmart in a research note on Wednesday, March 26th. Oppenheimer boosted their price objective on Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Wall Street Zen raised shares of Walmart from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Finally, UBS Group reduced their target price 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. Two research analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $104.94.

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.