OneDigital Investment Advisors LLC Sells 12,807 Shares of Walmart Inc. (NYSE:WMT)

OneDigital Investment Advisors LLC reduced its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 5.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 207,506 shares of the retailer's stock after selling 12,807 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Walmart were worth $18,217,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. World Investment Advisors raised its position in shares of Walmart by 7.6% in the fourth quarter. World Investment Advisors now owns 271,515 shares of the retailer's stock valued at $24,532,000 after purchasing an additional 19,233 shares during the period. Candriam S.C.A. raised its position in shares of Walmart by 209.7% in the fourth quarter. Candriam S.C.A. now owns 885,008 shares of the retailer's stock valued at $79,960,000 after purchasing an additional 599,257 shares during the period. Cushing Capital Partners LLC acquired a new position in shares of Walmart in the fourth quarter valued at about $1,124,000. GWN Securities Inc. acquired a new position in shares of Walmart in the fourth quarter valued at about $4,658,000. Finally, Full Sail Capital LLC grew its stake in shares of Walmart by 6.6% in the fourth quarter. Full Sail Capital LLC now owns 8,702 shares of the retailer's stock valued at $786,000 after acquiring an additional 541 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Walmart Price Performance

Shares of WMT traded up $0.68 during mid-day trading on Friday, reaching $98.29. The company had a trading volume of 7,686,204 shares, compared to its average volume of 18,082,978. The company's 50 day simple moving average is $97.14 and its 200 day simple moving average is $94.35. Walmart Inc. has a 1-year low of $66.67 and a 1-year high of $105.30. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.22 and a current ratio of 0.78. The company has a market capitalization of $784.40 billion, a price-to-earnings ratio of 42.00, a P/E/G ratio of 4.73 and a beta of 0.68.

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, beating analysts' consensus estimates of $0.58 by $0.03. The business had revenue of $165.61 billion during the quarter, compared to analyst estimates of $164.53 billion. Walmart had a net margin of 2.75% and a return on equity of 21.76%. The firm's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the business earned $0.60 EPS. Analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 12th were issued a $0.235 dividend. 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 related news, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $95.85, for a total value of $1,258,031.25. Following the completion of the transaction, the executive vice president owned 945,434 shares in the company, valued at $90,619,848.90. This trade represents a 1.37% 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 D. Rainey sold 2,200 shares of the firm's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $99.00, for a total transaction of $217,800.00. Following the completion of the transaction, the executive vice president owned 630,518 shares of the company's stock, valued at approximately $62,421,282. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 142,711 shares of company stock worth $13,710,319 in the last 90 days. Corporate insiders own 45.58% of the company's stock.

Wall Street Analysts Forecast Growth

WMT has been the topic of several research reports. Robert W. Baird upped their price target on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. KeyCorp upped their price target on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Monday, June 9th. Telsey Advisory Group restated an "outperform" rating and issued a $115.00 price target on shares of Walmart in a research note on Monday, June 9th. Royal Bank Of Canada restated an "outperform" rating and issued a $103.00 price target (up from $102.00) on shares of Walmart in a research note on Monday, June 9th. Finally, UBS Group decreased their price target 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. Two equities research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Walmart currently has a consensus rating of "Moderate Buy" and a consensus price target 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.