DSG Capital Advisors LLC Buys New Shares in Walmart Inc. (NYSE:WMT)

DSG Capital Advisors LLC acquired a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 73,929 shares of the retailer's stock, valued at approximately $6,679,000. Walmart makes up approximately 1.2% of DSG Capital Advisors LLC's investment portfolio, making the stock its 24th largest position.

Several other institutional investors have also recently added to or reduced their stakes in WMT. Whelan Financial lifted its stake in shares of Walmart by 2.3% during the 4th quarter. Whelan Financial now owns 4,339 shares of the retailer's stock worth $392,000 after purchasing an additional 97 shares during the period. Annis Gardner Whiting Capital Advisors LLC increased its stake in Walmart by 1.7% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 5,937 shares of the retailer's stock valued at $538,000 after purchasing an additional 98 shares during the last quarter. Coyle Financial Counsel LLC boosted its stake in Walmart by 3.1% in the 4th quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer's stock worth $310,000 after buying an additional 102 shares during the last quarter. SC&H Financial Advisors Inc. grew its holdings in Walmart by 1.0% in the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer's stock valued at $924,000 after buying an additional 103 shares during the period. Finally, Blackston Financial Advisory Group LLC increased its stake in shares of Walmart by 0.7% during the 4th quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer's stock valued at $1,417,000 after acquiring an additional 106 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Up 1.5%

Shares of WMT traded up $1.47 during mid-day trading on Friday, reaching $98.57. The company's stock had a trading volume of 29,968,085 shares, compared to its average volume of 17,929,072. The company has a market cap of $788.65 billion, a price-to-earnings ratio of 40.90, a price-to-earnings-growth ratio of 4.42 and a beta of 0.70. The business has a fifty day moving average of $93.46 and a 200 day moving average of $93.36. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. Walmart Inc. has a 1 year low of $64.16 and a 1 year high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.03. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The firm had revenue of $165.61 billion during the quarter, compared to the consensus estimate of $164.53 billion. During the same period in the prior year, the business earned $0.60 EPS. The business's revenue for the quarter was up 2.5% on a year-over-year basis. As a group, analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The business 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. 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 currently 40.17%.

Insider Activity at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the business's stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $85.63, for a total transaction of $2,493,888.12. Following the transaction, the chief executive officer now directly owns 3,972,517 shares in the company, valued at $340,166,630.71. The trade was a 0.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $97.37, for a total transaction of $214,214.00. Following the completion of the transaction, the executive vice president now directly owns 632,718 shares in the company, valued at $61,607,751.66. This trade represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 135,334 shares of company stock valued at $12,615,864. Corporate insiders own 45.58% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have commented on WMT. DZ Bank upgraded Walmart from a "hold" rating to a "buy" rating and set a $110.00 price target for the company in a research note on Tuesday, February 25th. Evercore ISI cut their target price on shares of Walmart from $107.00 to $100.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 11th. Robert W. Baird upped their price target on shares of Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Guggenheim reiterated a "buy" rating and issued a $100.00 price target on shares of Walmart in a report on Monday, February 24th. Finally, Wall Street Zen upgraded Walmart from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Two analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Walmart currently has an average rating of "Moderate Buy" and an average price target 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.