DSG Capital Advisors LLC Reduces Stake in Walmart Inc. (NYSE:WMT)

DSG Capital Advisors LLC decreased its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 18.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,435 shares of the retailer's stock after selling 13,494 shares during the quarter. Walmart makes up approximately 1.1% of DSG Capital Advisors LLC's portfolio, making the stock its 26th biggest position. DSG Capital Advisors LLC's holdings in Walmart were worth $5,306,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Walmart by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer's stock valued at $38,194,278,000 after acquiring an additional 2,050,683 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Walmart by 3.4% during 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 in the last quarter. Norges Bank purchased a new stake in shares of Walmart in the 4th quarter valued at about $5,737,355,000. Northern Trust Corp boosted its position 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 period. Finally, Franklin Resources Inc. boosted its position in shares of Walmart by 1.2% in the 4th quarter. Franklin Resources Inc. now owns 42,015,818 shares of the retailer's stock valued at $3,796,129,000 after purchasing an additional 514,036 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analyst Upgrades and Downgrades

WMT has been the topic of several research analyst reports. Mizuho lifted their price target on Walmart from $105.00 to $115.00 and gave the stock an "outperform" rating in a research report on Monday, June 9th. Sanford C. Bernstein restated an "outperform" rating on shares of Walmart in a research report on Monday, May 5th. Stifel Nicolaus reduced their price target on shares of Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Oppenheimer raised their price objective on shares of Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Walmart in a research note on Wednesday, March 26th. 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 company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $106.50.

Walmart Trading Up 0.6%

NYSE:WMT opened at $97.88 on Tuesday. Walmart Inc. has a 1 year low of $66.67 and a 1 year high of $105.30. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.22 and a current ratio of 0.78. The stock has a fifty day moving average price of $96.91 and a two-hundred day moving average price of $94.26. The stock has a market capitalization of $781.12 billion, a price-to-earnings ratio of 41.83, a PEG ratio of 4.75 and a beta of 0.69.

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 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 last year, the firm posted $0.60 EPS. The business's revenue was up 2.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th were issued a $0.235 dividend. The ex-dividend date was Friday, May 9th. This represents a yield of 0.95%. Walmart's dividend payout ratio (DPR) is presently 40.17%.

Insider Activity at Walmart

In related news, EVP Daniel J. Bartlett sold 1,760 shares of Walmart stock in a transaction on Monday, June 16th. The stock was sold at an average price of $94.77, for a total transaction of $166,795.20. Following the completion of the transaction, the executive vice president directly owned 650,977 shares of the company's stock, valued at approximately $61,693,090.29. The trade was a 0.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $99.00, for a total value of $217,800.00. Following the completion of the sale, the executive vice president directly owned 630,518 shares in the company, valued at $62,421,282. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 140,511 shares of company stock worth $13,493,751. 45.58% of the stock is currently owned by company insiders.

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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