Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. Sells 15,071 Shares of Walmart Inc. (NYSE:WMT)

Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. decreased its position in Walmart Inc. (NYSE:WMT - Free Report) by 19.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,887 shares of the retailer's stock after selling 15,071 shares during the quarter. Walmart accounts for approximately 1.1% of Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s holdings, making the stock its 28th largest position. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s holdings in Walmart were worth $5,345,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in WMT. Horizon Financial Services LLC raised its position in shares of Walmart by 1,007.7% during the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock worth $26,000 after buying an additional 262 shares in the last quarter. Bear Mountain Capital Inc. raised its holdings in Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after buying an additional 167 shares during the period. EQ Wealth Advisors LLC purchased a new stake in shares of Walmart in the 1st quarter valued at approximately $35,000. Lipe & Dalton boosted its position in shares of Walmart by 95.2% in the first quarter. Lipe & Dalton now owns 410 shares of the retailer's stock worth $36,000 after buying an additional 200 shares during the period. Finally, Mizuho Bank Ltd. acquired a new stake in Walmart during the 4th quarter worth about $41,000. Institutional investors own 26.76% of the company's stock.

Insider Activity at Walmart

In related news, EVP Kathryn J. Mclay sold 28,000 shares of the firm's stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $97.00, for a total value of $2,716,000.00. Following the completion of the transaction, the executive vice president owned 1,064,455 shares in the company, valued at $103,252,135. This trade represents a 2.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $95.85, for a total value of $1,258,031.25. Following the transaction, the executive vice president directly owned 945,434 shares in the company, valued at $90,619,848.90. The trade was a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 155,820 shares of company stock worth $14,965,435 in the last 90 days. 45.58% of the stock is currently owned by company insiders.

Walmart Stock Performance

Shares of Walmart stock traded up $0.20 during trading on Tuesday, hitting $95.87. 9,040,232 shares of the stock were exchanged, compared to its average volume of 18,123,519. Walmart Inc. has a 1-year low of $66.67 and a 1-year high of $105.30. The stock has a market capitalization of $765.10 billion, a price-to-earnings ratio of 40.97, a price-to-earnings-growth ratio of 4.60 and a beta of 0.68. The company has a fifty day moving average price of $96.81 and a 200-day moving average price of $94.68. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. The company had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The business's revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.60 earnings per share. As a group, equities analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were issued a dividend of $0.235 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a dividend yield of 0.95%. Walmart's dividend payout ratio (DPR) is currently 40.17%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on WMT. Stifel Nicolaus cut their price target on shares of Walmart from $93.00 to $91.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. Tigress Financial increased their price target on shares of Walmart from $115.00 to $120.00 and gave the company a "buy" rating in a report on Wednesday, July 2nd. Telsey Advisory Group reissued an "outperform" rating and set a $115.00 price objective on shares of Walmart in a report on Monday, June 9th. UBS Group lowered their target price on shares of Walmart from $112.00 to $110.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Finally, KeyCorp increased their price objective on Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research note on Monday, June 9th. Two research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $106.67.

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.