Walmart Inc. (NYSE:WMT) Stock Holdings Lifted by Global Assets Advisory LLC

Global Assets Advisory LLC increased its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 200.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 40,936 shares of the retailer's stock after buying an additional 27,321 shares during the quarter. Global Assets Advisory LLC's holdings in Walmart were worth $3,551,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WMT. Vanguard Group Inc. increased 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 purchasing an additional 2,050,683 shares during the period. Geode Capital Management LLC increased its position in Walmart by 3.4% in the 4th quarter. Geode Capital Management LLC now owns 90,635,238 shares of the retailer's stock valued at $8,167,186,000 after acquiring an additional 3,017,829 shares during the period. Norges Bank acquired a new position in Walmart in the 4th quarter valued at about $5,737,355,000. Fisher Asset Management LLC raised its stake in Walmart by 2.4% during the 4th quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock valued at $4,408,452,000 after acquiring an additional 1,133,201 shares during the last quarter. Finally, Northern Trust Corp lifted its position in Walmart by 8.9% during the 4th quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer's stock worth $3,943,049,000 after acquiring an additional 3,550,037 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Sanford C. Bernstein reissued an "outperform" rating on shares of Walmart in a report on Monday, May 5th. Evercore ISI boosted their price objective 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. Mizuho upped their price objective on shares of Walmart from $105.00 to $115.00 and gave the stock an "outperform" rating in a research report on Monday, June 9th. 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. Finally, Citigroup restated a "buy" rating on shares of Walmart in a research report on Tuesday, May 6th. Two research 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $106.50.

Insider Activity

In other Walmart news, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $97.19, for a total transaction of $1,887,041.04. Following the sale, the chief executive officer now directly owns 4,431,783 shares in the company, valued at $430,724,989.77. The trade was a 0.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction on Monday, April 21st. The shares were sold at an average price of $93.50, for a total transaction of $374,000.00. Following the completion of the sale, the executive vice president now directly owns 1,096,455 shares in the company, valued at $102,518,542.50. This represents a 0.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 142,711 shares of company stock worth $13,688,803. 45.58% of the stock is currently owned by corporate insiders.

Walmart Trading Up 1.4%

NYSE WMT traded up $1.39 during mid-day trading on Friday, reaching $97.41. 31,424,295 shares of the stock were exchanged, compared to its average volume of 18,041,297. The stock has a market capitalization of $777.37 billion, a PE ratio of 41.63, a PEG ratio of 4.69 and a beta of 0.69. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.22 and a current ratio of 0.78. Walmart Inc. has a 1-year low of $66.67 and a 1-year high of $105.30. The business's fifty day simple moving average is $96.80 and its 200 day simple moving average is $94.24.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.03. The company 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%. Walmart's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the business earned $0.60 EPS. On average, research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

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

About Walmart

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.