National Mutual Insurance Federation of Agricultural Cooperatives Trims Stake in Walmart Inc. (NYSE:WMT)

National Mutual Insurance Federation of Agricultural Cooperatives cut its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 28.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 339,100 shares of the retailer's stock after selling 134,000 shares during the quarter. Walmart accounts for about 0.3% of National Mutual Insurance Federation of Agricultural Cooperatives' holdings, making the stock its 22nd biggest holding. National Mutual Insurance Federation of Agricultural Cooperatives' holdings in Walmart were worth $29,770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Horizon Financial Services LLC boosted its holdings in Walmart by 1,007.7% during the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock valued at $26,000 after acquiring an additional 262 shares during the period. Bear Mountain Capital Inc. grew its holdings in shares of Walmart by 98.2% in the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares during the last quarter. EQ Wealth Advisors LLC purchased a new position in shares of Walmart in the first quarter worth $35,000. Lipe & Dalton raised its holdings in Walmart by 95.2% during the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer's stock valued at $36,000 after buying an additional 200 shares during the last quarter. Finally, Mizuho Bank Ltd. purchased a new stake in Walmart during the 4th quarter valued at $41,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Stifel Nicolaus dropped their price target on Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Sanford C. Bernstein reiterated an "outperform" rating on shares of Walmart in a research report on Monday, May 5th. Citigroup reissued a "buy" rating on shares of Walmart in a research note on Tuesday, May 6th. UBS Group cut their price objective on Walmart from $112.00 to $110.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Finally, Oppenheimer raised their target price on Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. 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, Walmart currently has an average rating of "Moderate Buy" and a consensus price target of $106.67.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,744 shares of Walmart stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $95.60, for a total transaction of $166,726.40. Following the completion of the sale, the executive vice president owned 649,233 shares of the company's stock, valued at approximately $62,066,674.80. The trade was a 0.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction on Friday, June 20th. The shares were sold at an average price of $95.85, for a total transaction of $1,258,031.25. Following the completion of the sale, the executive vice president directly owned 945,434 shares in the company, valued at $90,619,848.90. This trade represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 142,695 shares of company stock valued at $13,710,162. Insiders own 45.58% of the company's stock.

Walmart Stock Down 0.1%

Shares of NYSE WMT opened at $95.01 on Friday. The stock has a market capitalization of $758.22 billion, a price-to-earnings ratio of 40.60, a P/E/G ratio of 4.57 and a beta of 0.68. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47. The firm's 50-day moving average price is $96.81 and its 200-day moving average price is $94.65. Walmart Inc. has a 12-month low of $66.67 and a 12-month high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last released its earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.03. The business had revenue of $165.61 billion during the quarter, compared to the consensus estimate of $164.53 billion. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The business's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the company earned $0.60 earnings per share. On average, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal 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 issued a $0.235 dividend. This represents a yield of 0.95%. The ex-dividend date of this dividend was Friday, May 9th. Walmart's dividend payout ratio is presently 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.

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