Members Wealth LLC Purchases New Holdings in Walmart Inc. (NYSE:WMT)

Members Wealth LLC acquired a new stake in shares of 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 fund acquired 3,823 shares of the retailer's stock, valued at approximately $345,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in shares of Walmart by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer's stock valued at $38,194,278,000 after acquiring an additional 2,050,683 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Walmart by 3.4% during the 4th quarter. Geode Capital Management LLC now owns 90,635,238 shares of the retailer's stock valued at $8,167,186,000 after purchasing an additional 3,017,829 shares in the last quarter. Norges Bank bought a new position in Walmart in the 4th quarter worth $5,737,355,000. Fisher Asset Management LLC grew its position in Walmart by 2.4% in the 4th quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock worth $4,408,452,000 after purchasing an additional 1,133,201 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in Walmart by 8.9% during the 4th quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer's stock valued at $3,943,049,000 after purchasing an additional 3,550,037 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Price Performance

Shares of WMT traded up $1.47 during mid-day trading on Friday, reaching $98.57. The company had a trading volume of 29,968,085 shares, compared to its average volume of 17,929,072. The company's 50 day simple moving average is $93.46 and its 200 day simple moving average is $93.36. Walmart Inc. has a 1-year low of $64.16 and a 1-year 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 company has a market capitalization of $788.65 billion, a price-to-earnings ratio of 40.90, a P/E/G ratio of 4.42 and a beta of 0.70.

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, topping the consensus estimate of $0.58 by $0.03. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The firm had revenue of $165.61 billion during the quarter, compared to analyst estimates of $164.53 billion. During the same quarter last year, the business earned $0.60 EPS. The company's revenue was up 2.5% compared to the same quarter last year. Analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The firm also recently declared 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 was Friday, May 9th. This represents a yield of 0.95%. Walmart's dividend payout ratio (DPR) is presently 40.17%.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Thursday, May 1st. The shares were 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. This represents a 0.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $85.63, for a total transaction of $2,493,888.12. Following the completion of the transaction, the chief executive officer now directly owns 3,972,517 shares in the company, valued at $340,166,630.71. The trade was a 0.73% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 135,334 shares of company stock worth $12,615,864. 45.58% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

WMT has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of Walmart from $97.00 to $112.00 and gave the company an "overweight" rating in a report on Monday, February 10th. KeyCorp increased their target price on shares of Walmart from $100.00 to $105.00 and gave the stock an "overweight" rating in a report on Friday, February 21st. DZ Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating and set a $110.00 target price for the company in a report on Tuesday, February 25th. The Goldman Sachs Group restated a "buy" rating on shares of Walmart in a report on Wednesday, March 26th. Finally, Robert W. Baird increased their target price on shares of Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, May 16th. Two equities research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price 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.