Walmart Inc. (NYSE:WMT) Position Reduced by Kampmann Melissa S.

Kampmann Melissa S. lessened its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 6.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,789 shares of the retailer's stock after selling 3,898 shares during the quarter. Walmart makes up approximately 3.9% of Kampmann Melissa S.'s investment portfolio, making the stock its 4th largest position. Kampmann Melissa S.'s holdings in Walmart were worth $4,986,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Horizon Financial Services LLC grew its holdings in Walmart by 1,007.7% in the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock worth $26,000 after purchasing an additional 262 shares during the period. EQ Wealth Advisors LLC acquired a new position in Walmart during the first quarter worth $35,000. Noble Wealth Management PBC acquired a new position in shares of Walmart during the fourth quarter valued at about $37,000. Mizuho Bank Ltd. purchased a new stake in shares of Walmart in the fourth quarter worth approximately $41,000. Finally, Nexus Investment Management ULC bought a new stake in Walmart during the first quarter worth $49,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 29,148 shares of the firm's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $96.58, for a total value of $2,815,113.84. Following the completion of the sale, the chief executive officer directly owned 4,451,199 shares in the company, valued at $429,896,799.42. This trade represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kathryn J. Mclay sold 28,000 shares of the business's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $97.00, for a total transaction of $2,716,000.00. Following the transaction, the executive vice president owned 1,064,455 shares in the company, valued at $103,252,135. This trade represents a 2.56% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 140,511 shares of company stock worth $13,493,751 in the last 90 days. 45.58% of the stock is currently owned by insiders.

Walmart Stock Down 1.0%

NYSE:WMT traded down $0.95 on Wednesday, reaching $97.29. 4,099,523 shares of the stock traded hands, compared to its average volume of 18,010,880. The company has a market capitalization of $776.40 billion, a price-to-earnings ratio of 41.59, a PEG ratio of 4.77 and a beta of 0.68. The company's fifty day simple moving average is $96.97 and its 200 day simple moving average is $94.29. Walmart Inc. has a 12 month low of $66.67 and a 12 month 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.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.03. The business had revenue of $165.61 billion during the quarter, compared to the consensus estimate of $164.53 billion. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The business's quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.60 EPS. Equities analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were issued a dividend of $0.235 per share. The ex-dividend date was Friday, May 9th. This represents a dividend yield of 0.95%. Walmart's dividend payout ratio (DPR) is 40.17%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. 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 report on Friday, April 11th. Mizuho upped their target price on Walmart from $105.00 to $115.00 and gave the company an "outperform" rating in a report on Monday, June 9th. Oppenheimer boosted their price objective on Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th. KeyCorp raised their target price on Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Monday, June 9th. Finally, Stifel Nicolaus cut their price target on shares of Walmart from $93.00 to $91.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. Two analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Walmart presently has an average rating of "Moderate Buy" and an average target price of $106.67.

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.