KPP Advisory Services LLC Has $1.22 Million Stock Holdings in Walmart Inc. (NYSE:WMT)

KPP Advisory Services LLC raised its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 23.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,946 shares of the retailer's stock after purchasing an additional 2,663 shares during the period. KPP Advisory Services LLC's holdings in Walmart were worth $1,224,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WMT. LaFleur & Godfrey LLC grew its holdings in Walmart by 1.4% during the fourth quarter. LaFleur & Godfrey LLC now owns 69,542 shares of the retailer's stock valued at $6,283,000 after purchasing an additional 992 shares during the last quarter. Eagle Capital Management LLC grew its holdings in Walmart by 9.1% during the fourth quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer's stock valued at $349,000 after purchasing an additional 321 shares during the last quarter. Brighton Jones LLC grew its holdings in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock valued at $8,868,000 after purchasing an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Walmart by 5.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer's stock valued at $800,000 after purchasing an additional 485 shares during the last quarter. Finally, SOA Wealth Advisors LLC. grew its stake in shares of Walmart by 1.6% in the fourth quarter. SOA Wealth Advisors LLC. now owns 9,194 shares of the retailer's stock worth $831,000 after acquiring an additional 142 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Stock Down 1.1%

Shares of NYSE WMT opened at $96.22 on Friday. The stock has a market cap of $767.85 billion, a PE ratio of 41.12, a PEG ratio of 4.75 and a beta of 0.69. The business has a fifty day moving average of $96.71 and a two-hundred day moving average of $94.22. Walmart Inc. has a 52-week low of $66.67 and a 52-week high of $105.30. 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 (NYSE:WMT - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The business's revenue was up 2.5% on a year-over-year basis. During the same period last year, the business earned $0.60 earnings per share. As a group, equities research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, May 27th. Shareholders 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 payout ratio is presently 40.17%.

Insider Buying and Selling at Walmart

In related news, EVP Kathryn J. Mclay sold 4,000 shares of Walmart stock in a transaction dated Monday, April 21st. The stock was sold at an average price of $93.50, for a total value of $374,000.00. Following the completion of the transaction, the executive vice president now directly owns 1,096,455 shares of the company's stock, valued at $102,518,542.50. The trade was a 0.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction dated Thursday, April 24th. The shares were sold at an average price of $94.19, for a total value of $2,743,189.56. Following the completion of the transaction, the chief executive officer now directly owns 4,480,347 shares of the company's stock, valued at $422,003,883.93. This represents a 0.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 123,295 shares of company stock valued at $11,801,762. 45.58% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on WMT shares. UBS Group lowered their price objective on shares of Walmart from $112.00 to $110.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Evercore ISI raised their price objective on shares of Walmart from $105.00 to $107.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 4th. Stifel Nicolaus lowered their price objective 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. Robert W. Baird raised their price objective on shares of Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Finally, Raymond James Financial lowered their price objective 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. Two investment analysts have rated the stock with a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $106.50.

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.

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