DekaBank Deutsche Girozentrale Purchases 11,213 Shares of Walmart Inc. (NYSE:WMT)

DekaBank Deutsche Girozentrale boosted its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 0.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,651,446 shares of the retailer's stock after purchasing an additional 11,213 shares during the period. DekaBank Deutsche Girozentrale's holdings in Walmart were worth $222,293,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Eagle Capital Management LLC lifted its stake in shares of Walmart by 9.1% in the 4th quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer's stock valued at $349,000 after purchasing an additional 321 shares during the last quarter. Brighton Jones LLC raised its holdings in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after buying an additional 21,939 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Walmart by 5.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock worth $800,000 after buying an additional 485 shares during the last quarter. Highview Capital Management LLC DE lifted its position in shares of Walmart by 4.9% in the fourth quarter. Highview Capital Management LLC DE now owns 36,945 shares of the retailer's stock worth $3,338,000 after buying an additional 1,720 shares during the last quarter. Finally, Proficio Capital Partners LLC boosted its stake in shares of Walmart by 6.8% during the 4th quarter. Proficio Capital Partners LLC now owns 90,423 shares of the retailer's stock worth $8,170,000 after acquiring an additional 5,765 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Wall Street Analyst Weigh In

WMT has been the subject of several analyst reports. Sanford C. Bernstein restated an "outperform" rating on shares of Walmart in a report on Monday, May 5th. UBS Group reduced their price objective 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. Evercore ISI upped their price objective on shares of Walmart from $105.00 to $107.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. Erste Group Bank downgraded shares of Walmart from a "strong-buy" rating to a "hold" rating in a report on Monday, March 17th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Walmart in a report on Wednesday, March 26th. Two 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's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $106.67.

Walmart Price Performance

WMT stock traded down $0.14 during trading on Wednesday, hitting $96.95. The company had a trading volume of 13,682,144 shares, compared to its average volume of 18,083,237. The company has a fifty day moving average price of $97.24 and a two-hundred day moving average price of $94.45. Walmart Inc. has a fifty-two week low of $66.67 and a fifty-two week high of $105.30. The company has a market cap of $773.70 billion, a P/E ratio of 41.43, a P/E/G ratio of 4.67 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 announced its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 2.75% and a return on equity of 21.76%. The firm's quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the firm posted $0.60 EPS. Equities research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

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

Insiders Place Their Bets

In other Walmart news, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction dated Friday, June 20th. The shares were 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Kathryn J. Mclay sold 28,000 shares of the stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $97.00, for a total transaction of $2,716,000.00. Following the sale, the executive vice president directly owned 1,064,455 shares in the company, valued at $103,252,135. This trade represents a 2.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 142,711 shares of company stock worth $13,710,319 in the last three months. Company 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.