Great Valley Advisor Group Inc. Purchases 3,802 Shares of Walmart Inc. (NYSE:WMT)

Great Valley Advisor Group Inc. lifted its position in Walmart Inc. (NYSE:WMT - Free Report) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 221,031 shares of the retailer's stock after purchasing an additional 3,802 shares during the quarter. Great Valley Advisor Group Inc.'s holdings in Walmart were worth $19,970,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. FPC Investment Advisory Inc. bought a new stake in Walmart in the fourth quarter valued at $25,000. Horizon Financial Services LLC grew its position in Walmart by 1,007.7% in the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock valued at $26,000 after acquiring an additional 262 shares during the period. Fiduciary Advisors Inc. bought a new stake in Walmart in the fourth quarter valued at $27,000. Noble Wealth Management PBC bought a new stake in Walmart in the fourth quarter valued at $37,000. Finally, Mizuho Bank Ltd. bought a new stake in Walmart in the fourth quarter valued at $41,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Trading Down 0.4%

NYSE:WMT traded down $0.35 during mid-day trading on Wednesday, hitting $97.23. The company had a trading volume of 11,097,947 shares, compared to its average volume of 17,831,732. Walmart Inc. has a fifty-two week low of $64.16 and a fifty-two week high of $105.30. The business's fifty day moving average is $92.77 and its two-hundred day moving average is $93.15. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The firm has a market cap of $777.93 billion, a P/E ratio of 40.34, a P/E/G ratio of 4.42 and a beta of 0.70.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results 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 for the quarter, compared to analyst estimates of $164.53 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The company's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.60 earnings per share. As a group, research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were given 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%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on WMT shares. Oppenheimer upped their price target on Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Robert W. Baird upped their price target on Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, May 16th. Telsey Advisory Group reiterated an "outperform" rating on shares of Walmart in a research report on Wednesday, May 21st. Royal Bank of Canada restated an "outperform" rating and set a $102.00 target price on shares of Walmart in a report on Friday, May 16th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of Walmart in a report on Monday, May 5th. Two equities research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Walmart has a consensus rating of "Moderate Buy" and a consensus price target of $104.94.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 29,148 shares of the firm's stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $96.58, for a total transaction of $2,815,113.84. Following the sale, the chief executive officer now owns 4,451,199 shares of the company's stock, valued at $429,896,799.42. This trade represents a 0.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total value of $343,800.00. Following the sale, the executive vice president now directly owns 888,309 shares in the company, valued at approximately $76,350,158.55. This represents a 0.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 177,583 shares of company stock valued at $16,701,404 over the last 90 days. 45.58% of the stock is 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.