Dupont Capital Management Corp Has $12.36 Million Stock Holdings in Walmart Inc. (NYSE:WMT)

Dupont Capital Management Corp decreased its position in Walmart Inc. (NYSE:WMT - Free Report) by 34.8% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 140,745 shares of the retailer's stock after selling 75,045 shares during the period. Walmart comprises 1.4% of Dupont Capital Management Corp's portfolio, making the stock its 22nd biggest position. Dupont Capital Management Corp's holdings in Walmart were worth $12,356,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. World Investment Advisors grew its position in Walmart by 7.6% in the fourth quarter. World Investment Advisors now owns 271,515 shares of the retailer's stock valued at $24,532,000 after purchasing an additional 19,233 shares in the last quarter. Candriam S.C.A. boosted its stake in shares of Walmart by 209.7% during the 4th quarter. Candriam S.C.A. now owns 885,008 shares of the retailer's stock worth $79,960,000 after buying an additional 599,257 shares during the last quarter. Modera Wealth Management LLC grew its holdings in shares of Walmart by 4.8% in the 4th quarter. Modera Wealth Management LLC now owns 203,150 shares of the retailer's stock valued at $18,355,000 after acquiring an additional 9,292 shares in the last quarter. Cushing Capital Partners LLC acquired a new stake in shares of Walmart in the fourth quarter valued at about $1,124,000. Finally, GWN Securities Inc. acquired a new stake in shares of Walmart in the fourth quarter valued at about $4,658,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Mizuho increased their price target on Walmart from $105.00 to $115.00 and gave the company an "outperform" rating in a research report on Monday, June 9th. Raymond James Financial cut their price objective on Walmart from $115.00 to $105.00 and set an "outperform" rating for the company in a report on Friday, April 11th. UBS Group lowered their target price on shares of Walmart from $112.00 to $110.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Wall Street Zen raised shares of Walmart from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Finally, Truist Financial lifted their price objective on shares of Walmart from $107.00 to $111.00 and gave the company a "buy" rating in a research report on Friday, May 16th. Two investment analysts have rated the stock with a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $106.50.

Walmart Trading Up 1.1%

Shares of WMT stock opened at $96.16 on Friday. The stock has a market cap of $767.41 billion, a P/E ratio of 41.10, a price-to-earnings-growth ratio of 4.64 and a beta of 0.69. Walmart Inc. has a 1 year low of $66.55 and a 1 year high of $105.30. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47. The stock has a 50 day simple moving average of $96.39 and a 200 day simple moving average of $94.15.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 earnings per share 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 analysts' expectations of $164.53 billion. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The company's quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.60 EPS. On average, research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The company 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. This represents a 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

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $88.66, for a total value of $195,052.00. Following the sale, the executive vice president now owns 398,024 shares of the company's stock, valued at approximately $35,288,807.84. This trade represents a 0.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $85.63, for a total value of $2,493,888.12. Following the completion of the transaction, the chief executive officer now owns 3,972,517 shares in the company, valued at approximately $340,166,630.71. The trade was a 0.73% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 135,294 shares of company stock worth $12,656,659. 45.58% of the stock is currently owned by corporate insiders.

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.

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