Generali Investments CEE investicni spolecnost a.s. Sells 8,939 Shares of Walmart Inc. (NYSE:WMT)

Generali Investments CEE investicni spolecnost a.s. trimmed its position in Walmart Inc. (NYSE:WMT - Free Report) by 15.1% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 50,361 shares of the retailer's stock after selling 8,939 shares during the period. Generali Investments CEE investicni spolecnost a.s.'s holdings in Walmart were worth $4,421,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Whelan Financial grew its position in shares of Walmart by 2.3% during the 4th quarter. Whelan Financial now owns 4,339 shares of the retailer's stock valued at $392,000 after acquiring an additional 97 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Walmart by 1.7% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 5,937 shares of the retailer's stock valued at $538,000 after buying an additional 98 shares in the last quarter. Scott & Selber Inc. lifted its stake in shares of Walmart by 3.7% during the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock valued at $256,000 after buying an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its stake in shares of Walmart by 1.4% during the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock valued at $684,000 after buying an additional 105 shares in the last quarter. Finally, Van Strum & Towne Inc. lifted its stake in shares of Walmart by 1.6% during the 4th quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer's stock valued at $619,000 after buying an additional 108 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $97.19, for a total value of $1,887,041.04. Following the completion of the sale, the chief executive officer directly owned 4,431,783 shares of the company's stock, valued at approximately $430,724,989.77. This trade represents a 0.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $98.44, for a total transaction of $216,568.00. Following the completion of the sale, the executive vice president directly owned 628,318 shares of the company's stock, valued at approximately $61,851,623.92. This represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 142,711 shares of company stock worth $13,710,319. 45.58% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Evercore ISI upped their price target on shares of Walmart from $105.00 to $107.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. Raymond James Financial dropped their price target on shares of Walmart from $115.00 to $105.00 and set an "outperform" rating on the stock in a research note on Friday, April 11th. Tigress Financial upped their price target on shares of Walmart from $115.00 to $120.00 and gave the company a "buy" rating in a research note on Wednesday. Stifel Nicolaus dropped their price target on shares of Walmart from $93.00 to $91.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Finally, Telsey Advisory Group restated an "outperform" rating and set a $115.00 price target on shares of Walmart in a research note on Monday, June 9th. Two equities research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $106.67.

Walmart Price Performance

Shares of NYSE:WMT opened at $98.29 on Friday. The stock has a market cap of $784.40 billion, a PE ratio of 42.00, a PEG ratio of 4.73 and a beta of 0.68. The company's fifty day moving average is $97.14 and its 200 day moving average is $94.35. Walmart Inc. has a 52 week low of $66.67 and a 52 week high of $105.30. The company has a quick ratio of 0.22, a current ratio of 0.78 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, topping analysts' consensus estimates of $0.58 by $0.03. The business had revenue of $165.61 billion for the quarter, compared to analyst estimates of $164.53 billion. Walmart had a net margin of 2.75% and a return on equity of 21.76%. The company's revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.60 EPS. Research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The company also recently declared 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 (DPR) is presently 40.17%.

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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