14,483 Shares in Walmart Inc. (NYSE:WMT) Purchased by Leigh Baldwin & CO. LLC

Leigh Baldwin & CO. LLC bought a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 14,483 shares of the retailer's stock, valued at approximately $1,309,000. Walmart accounts for approximately 0.7% of Leigh Baldwin & CO. LLC's holdings, making the stock its 23rd biggest position.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Armis Advisers LLC bought a new position in shares of Walmart during the 4th quarter worth approximately $2,859,000. Shufro Rose & Co. LLC lifted its position in shares of Walmart by 13.4% during the 4th quarter. Shufro Rose & Co. LLC now owns 12,147 shares of the retailer's stock worth $1,097,000 after buying an additional 1,440 shares during the period. Garde Capital Inc. lifted its position in shares of Walmart by 158.8% during the 4th quarter. Garde Capital Inc. now owns 5,382 shares of the retailer's stock worth $486,000 after buying an additional 3,302 shares during the period. Instrumental Wealth LLC bought a new position in shares of Walmart during the 4th quarter worth approximately $223,000. Finally, Hall Capital Management Co. Inc. bought a new position in shares of Walmart during the 4th quarter worth approximately $5,775,000. Institutional investors own 26.76% of the company's stock.

Walmart Trading Up 1.2%

Shares of NYSE WMT traded up $1.18 during midday trading on Tuesday, reaching $97.52. 17,168,296 shares of the stock were exchanged, compared to its average volume of 17,858,663. Walmart Inc. has a 12 month low of $64.16 and a 12 month high of $105.30. The company has a market capitalization of $780.25 billion, a price-to-earnings ratio of 40.46, a P/E/G ratio of 4.42 and a beta of 0.70. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. The business has a 50-day simple moving average of $92.54 and a two-hundred day simple moving average of $93.12.

Walmart (NYSE:WMT - Get Free Report) last posted its 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. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The firm had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. During the same period in the previous year, the firm earned $0.60 earnings per share. The company's revenue was up 2.5% on a year-over-year basis. As a group, equities research analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

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

Insider Buying and Selling at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $97.37, for a total value of $214,214.00. Following the sale, the executive vice president now directly owns 632,718 shares in the company, valued at $61,607,751.66. The trade was a 0.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 29,148 shares of the stock in a transaction dated 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 transaction, the chief executive officer now owns 4,451,199 shares of the company's stock, valued at approximately $429,896,799.42. The trade was a 0.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 177,583 shares of company stock valued at $16,701,404. Company insiders own 45.58% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Wall Street Zen raised Walmart from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Morgan Stanley reaffirmed an "overweight" rating and set a $115.00 price target (up from $106.00) on shares of Walmart in a report on Thursday, February 13th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Walmart in a report on Wednesday, March 26th. Citigroup reaffirmed a "buy" rating on shares of Walmart in a report on Tuesday, May 6th. Finally, Stifel Nicolaus dropped their price target on Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Two equities research analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $104.94.

Walmart 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.