New Hampshire Trust Has $3.87 Million Stock Position in Walmart Inc. (NYSE:WMT)

New Hampshire Trust decreased its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 9.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 44,072 shares of the retailer's stock after selling 4,864 shares during the quarter. New Hampshire Trust's holdings in Walmart were worth $3,869,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. FPC Investment Advisory Inc. acquired a new position in Walmart during the 4th quarter worth $25,000. Horizon Financial Services LLC lifted its stake in shares of Walmart by 1,007.7% in the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock valued at $26,000 after purchasing an additional 262 shares during the period. Fiduciary Advisors Inc. acquired a new position in shares of Walmart in the 4th quarter valued at $27,000. Noble Wealth Management PBC acquired a new position in shares of Walmart in the 4th quarter valued at $37,000. Finally, Mizuho Bank Ltd. acquired a new position in shares of Walmart in the 4th quarter valued at $41,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 29,148 shares of the stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $96.58, for a total transaction of $2,815,113.84. Following the completion of the transaction, the chief executive officer now directly owns 4,451,199 shares in the company, valued at $429,896,799.42. This represents a 0.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total transaction of $343,800.00. Following the transaction, the executive vice president now owns 888,309 shares of the company's stock, valued at approximately $76,350,158.55. This represents a 0.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 135,334 shares of company stock worth $12,615,864 in the last three months. Insiders own 45.58% of the company's stock.

Walmart Stock Up 1.5%

NYSE:WMT traded up $1.47 during trading hours on Friday, reaching $98.57. 29,968,085 shares of the stock were exchanged, compared to its average volume of 17,890,104. Walmart Inc. has a twelve month low of $65.16 and a twelve month high of $105.30. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. The firm has a 50 day moving average of $93.46 and a 200 day moving average of $93.41. The stock has a market cap of $788.65 billion, a PE ratio of 40.90, a PEG 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 for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The firm had revenue of $165.61 billion during the quarter, compared to the consensus estimate of $164.53 billion. During the same quarter in the prior year, the firm posted $0.60 EPS. The business's revenue was up 2.5% on a year-over-year basis. On average, equities analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, May 27th. Stockholders 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 dividend yield of 0.95%. Walmart's dividend payout ratio is 40.17%.

Analyst Ratings Changes

WMT has been the topic of a number of analyst reports. Erste Group Bank downgraded Walmart from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 17th. Mizuho initiated coverage on Walmart in a research note on Friday, April 11th. They issued an "outperform" rating and a $105.00 price target on the stock. Wells Fargo & Company increased their price target on Walmart from $100.00 to $108.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Evercore ISI cut their price target on Walmart from $107.00 to $100.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 11th. Finally, Telsey Advisory Group reissued an "outperform" rating on shares of Walmart in a research note on Wednesday, May 21st. Two investment analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Walmart has a consensus rating of "Moderate Buy" and an average target price of $104.94.

About Walmart

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.