20,372 Shares in Walmart Inc. (NYSE:WMT) Bought by Matauro LLC

Matauro LLC purchased a new stake in Walmart Inc. (NYSE:WMT - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 20,372 shares of the retailer's stock, valued at approximately $1,788,000.

Several other institutional investors have also added to or reduced their stakes in the company. Tallon Kerry Patrick acquired a new stake in shares of Walmart in the 4th quarter valued at $252,000. LaFleur & Godfrey LLC grew its position in Walmart by 1.4% in the fourth quarter. LaFleur & Godfrey LLC now owns 69,542 shares of the retailer's stock valued at $6,283,000 after acquiring an additional 992 shares during the last quarter. Eagle Capital Management LLC raised its stake in Walmart by 9.1% during the fourth quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer's stock worth $349,000 after acquiring an additional 321 shares in the last quarter. Brighton Jones LLC lifted its holdings in shares of Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after acquiring an additional 21,939 shares during the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new stake in shares of Walmart in the 4th quarter valued at approximately $10,645,000. 26.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on WMT. Piper Sandler boosted their price objective on shares of Walmart from $93.00 to $118.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 18th. Wall Street Zen upgraded Walmart from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Citigroup reissued a "buy" rating on shares of Walmart in a research note on Tuesday, May 6th. The Goldman Sachs Group reiterated a "buy" rating on shares of Walmart in a research note on Wednesday, March 26th. Finally, Mizuho lifted their price objective on shares of Walmart from $105.00 to $115.00 and gave the stock an "outperform" rating in a research report on Monday, June 9th. Two equities research 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 stock presently has an average rating of "Moderate Buy" and an average target price of $106.50.

Insider Transactions at Walmart

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $88.66, for a total value of $195,052.00. Following the transaction, the executive vice president now owns 398,024 shares of the company's stock, valued at approximately $35,288,807.84. This represents a 0.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total transaction of $343,800.00. Following the completion of the transaction, the executive vice president now directly owns 888,309 shares in the company, valued at $76,350,158.55. This trade represents a 0.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 137,534 shares of company stock valued at $12,833,664 in the last 90 days. 45.58% of the stock is currently owned by corporate insiders.

Walmart Price Performance

NYSE:WMT traded down $0.05 during trading hours on Tuesday, reaching $94.24. The company had a trading volume of 14,035,837 shares, compared to its average volume of 17,916,787. The stock has a 50-day moving average of $96.04 and a two-hundred day moving average of $94.11. The firm has a market capitalization of $752.04 billion, a PE ratio of 39.10, a PEG ratio of 4.42 and a beta of 0.69. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. Walmart Inc. has a one year low of $66.41 and a one year high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last announced 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 for the quarter, compared to analyst estimates of $164.53 billion. During the same quarter in the previous year, the firm posted $0.60 earnings per share. The firm's revenue for the quarter was up 2.5% on a year-over-year basis. Analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 12th were paid a $0.235 dividend. This represents a dividend yield of 0.95%. The ex-dividend date of this dividend was Friday, May 9th. Walmart's dividend payout ratio is currently 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.