Walmart Inc. (NYSE:WMT) Shares Acquired by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC raised its stake in Walmart Inc. (NYSE:WMT - Free Report) by 14.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,922 shares of the retailer's stock after buying an additional 5,142 shares during the quarter. Jaffetilchin Investment Partners LLC's holdings in Walmart were worth $3,505,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Walmart by 0.5% in the 4th 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 last quarter. Geode Capital Management LLC raised its position in shares of Walmart by 3.4% during 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 buying an additional 3,017,829 shares during the period. Norges Bank acquired a new position in Walmart in the fourth quarter valued at approximately $5,737,355,000. Fisher Asset Management LLC grew its position in Walmart by 2.4% in the fourth quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock worth $4,408,452,000 after acquiring an additional 1,133,201 shares during the period. Finally, Northern Trust Corp increased its stake in Walmart by 8.9% during the fourth 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 last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $95.85, for a total transaction of $1,258,031.25. Following the transaction, the executive vice president directly owned 945,434 shares in the company, valued at approximately $90,619,848.90. This trade represents a 1.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible 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 transaction of $217,800.00. Following the completion of the sale, the executive vice president owned 630,518 shares of the company's stock, valued at approximately $62,421,282. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 140,511 shares of company stock valued at $13,493,751 in the last 90 days. Company insiders own 45.58% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. DA Davidson reiterated a "buy" rating and set a $117.00 price target on shares of Walmart in a report on Friday, May 16th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Walmart in a research report on Wednesday, March 26th. Citigroup reiterated a "buy" rating on shares of Walmart in a research report on Tuesday, May 6th. UBS Group decreased their price objective 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, KeyCorp increased their price objective on shares of Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. Two 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. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $106.50.

Walmart Stock Up 0.4%

Shares of NYSE:WMT traded up $0.43 during trading on Tuesday, hitting $98.21. 11,226,798 shares of the company were exchanged, compared to its average volume of 18,015,157. The firm's 50 day moving average price is $96.91 and its 200-day moving average price is $94.26. Walmart Inc. has a 12-month low of $66.67 and a 12-month high of $105.30. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.78 and a quick ratio of 0.22. The stock has a market capitalization of $783.77 billion, a P/E ratio of 41.99, 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 for the quarter, beating analysts' consensus estimates 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 net margin of 2.75% and a return on equity of 21.76%. Walmart's quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.60 earnings per share. 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 declared a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th were given a dividend of $0.235 per share. This represents a yield of 0.95%. The ex-dividend date was Friday, May 9th. Walmart's dividend payout ratio (DPR) is 40.17%.

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.