Walmart Inc. (NYSE:WMT) Shares Sold by Pacer Advisors Inc.

Key Points

• Pacer Advisors Inc. reduced its position in Walmart Inc. by 15.2%, owning 314,652 shares after selling 56,466 shares in Q1, valued at approximately $27.6 million.
• Significant purchases happened from other institutional investors, with Geode Capital Management increasing its position by 3.4% in Q4, owning roughly 90.6 million shares.
• Walmart's latest quarterly earnings report showed EPS of $0.61, beating estimates, with revenue of $165.61 billion, up 2.5% from the previous year.

Pacer Advisors Inc. reduced its position in Walmart Inc. (NYSE:WMT - Free Report) by 15.2% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 314,652 shares of the retailer's stock after selling 56,466 shares during the period. Pacer Advisors Inc.'s holdings in Walmart were worth $27,623,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Whelan Financial boosted its stake in Walmart by 2.3% in the 4th quarter. Whelan Financial now owns 4,339 shares of the retailer's stock worth $392,000 after purchasing an additional 97 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Walmart by 1.7% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 5,937 shares of the retailer's stock valued at $538,000 after purchasing an additional 98 shares during the period. Scott & Selber Inc. increased its holdings in Walmart by 3.7% in the 1st quarter. Scott & Selber Inc. now owns 2,920 shares of the retailer's stock worth $256,000 after acquiring an additional 105 shares in the last quarter. Capital Advisors Wealth Management LLC increased its holdings in Walmart by 1.4% in the 1st quarter. Capital Advisors Wealth Management LLC now owns 7,794 shares of the retailer's stock worth $684,000 after acquiring an additional 105 shares in the last quarter. Finally, Lauterbach Financial Advisors LLC grew its holdings in shares of Walmart by 1.8% during the first quarter. Lauterbach Financial Advisors LLC now owns 5,885 shares of the retailer's stock worth $517,000 after buying an additional 106 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $98.44, for a total transaction of $216,568.00. Following the transaction, the executive vice president directly owned 628,318 shares in the company, valued at approximately $61,851,623.92. This trade represents a 0.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 28,000 shares of the firm's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $97.00, for a total transaction of $2,716,000.00. Following the transaction, the executive vice president owned 1,064,455 shares in the company, valued at approximately $103,252,135. This trade represents a 2.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 126,696 shares of company stock valued at $12,222,245. 45.58% of the stock is currently owned by insiders.

Walmart Stock Up 0.9%

Walmart stock traded up $0.85 during mid-day trading on Friday, hitting $97.45. The company had a trading volume of 12,845,633 shares, compared to its average volume of 13,524,539. The stock has a market cap of $777.72 billion, a price-to-earnings ratio of 41.65, a PEG ratio of 4.69 and a beta of 0.68. Walmart Inc. has a 1 year low of $66.67 and a 1 year high of $105.30. The company has a quick ratio of 0.22, a current ratio of 0.78 and a debt-to-equity ratio of 0.47. The business has a fifty day moving average of $96.76 and a 200 day moving average of $94.83.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. The company had revenue of $165.61 billion for 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 revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.60 earnings per share. On average, sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on WMT. Wall Street Zen raised shares of Walmart from a "hold" rating to a "buy" rating in a report on Monday, May 12th. UBS Group lowered their price target on shares of Walmart from $112.00 to $110.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Oppenheimer boosted their price target on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. KeyCorp boosted their price target on shares of Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research report on Monday, June 9th. Finally, Stifel Nicolaus lowered their price target on shares of Walmart from $93.00 to $91.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. Two 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.com, the stock currently has an average rating of "Moderate Buy" and an average 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.