Liberty Square Wealth Partners LLC Acquires Shares of 10,235 Walmart Inc. (NYSE:WMT)

Liberty Square Wealth Partners LLC bought a new stake in Walmart Inc. (NYSE:WMT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 10,235 shares of the retailer's stock, valued at approximately $925,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in WMT. Vanguard Group Inc. raised its holdings in Walmart by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer's stock worth $38,194,278,000 after purchasing an additional 2,050,683 shares during the period. Geode Capital Management LLC lifted its stake in Walmart by 3.4% in the fourth 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 in the last quarter. Norges Bank acquired a new position in shares of Walmart in the fourth quarter valued at approximately $5,737,355,000. Fisher Asset Management LLC increased its position in shares of Walmart by 2.4% during 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 in the last quarter. Finally, Northern Trust Corp raised its holdings in shares of 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 period. Institutional investors own 26.76% of the company's stock.

Walmart Price Performance

Shares of WMT traded up $0.53 during mid-day trading on Thursday, reaching $97.77. The stock had a trading volume of 4,889,178 shares, compared to its average volume of 17,799,691. Walmart Inc. has a 12 month low of $64.16 and a 12 month high of $105.30. 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 $782.21 billion, a price-to-earnings ratio of 40.55, a PEG ratio of 4.42 and a beta of 0.70. The business has a fifty day moving average of $93.00 and a 200 day moving average of $93.17.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The business had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. During the same period last year, the company posted $0.60 EPS. The business's revenue was up 2.5% on a year-over-year basis. Equities analysts predict that Walmart Inc. will post 2.55 EPS for the current 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 paid a dividend of $0.235 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a yield of 0.95%. Walmart's payout ratio is currently 40.17%.

Insider Buying and Selling at Walmart

In related news, EVP Daniel J. Bartlett sold 1,760 shares of the business's stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $94.82, for a total value of $166,883.20. Following the completion of the sale, the executive vice president now owns 520,275 shares in the company, valued at approximately $49,332,475.50. The trade was a 0.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 29,148 shares of the firm's stock in a transaction on Thursday, May 22nd. The shares were 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 in the company, valued at approximately $429,896,799.42. This represents a 0.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 135,334 shares of company stock worth $12,615,864 over the last ninety days. Company insiders own 45.58% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on WMT shares. Royal Bank of Canada reaffirmed an "outperform" rating and set a $102.00 price objective on shares of Walmart in a research report on Friday, May 16th. Telsey Advisory Group reaffirmed an "outperform" rating on shares of Walmart in a research note on Wednesday, May 21st. Truist Financial boosted their price target on shares of Walmart from $107.00 to $111.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. KeyCorp increased their price objective on shares of Walmart from $100.00 to $105.00 and gave the stock an "overweight" rating in a research note on Friday, February 21st. Finally, Oppenheimer upped their target price on Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. Two analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $104.94.

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.