16,730 Shares in Walmart Inc. (NYSE:WMT) Acquired by Price Capital Management Inc.

Price Capital Management Inc. acquired a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 16,730 shares of the retailer's stock, valued at approximately $1,469,000. Walmart accounts for approximately 3.7% of Price Capital Management Inc.'s portfolio, making the stock its 19th largest position.

A number of other institutional investors also recently made changes to their positions in WMT. Norges Bank acquired a new position in Walmart during the fourth quarter valued at approximately $5,737,355,000. GAMMA Investing LLC raised its position in Walmart by 9,896.9% during the first quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer's stock valued at $697,029,000 after purchasing an additional 7,860,306 shares in the last quarter. Northern Trust Corp raised its position in Walmart by 8.9% during the fourth quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer's stock valued at $3,943,049,000 after purchasing an additional 3,550,037 shares in the last quarter. APG Asset Management N.V. raised its position in Walmart by 1,707.6% during the fourth quarter. APG Asset Management N.V. now owns 3,718,058 shares of the retailer's stock valued at $324,410,000 after purchasing an additional 3,512,368 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in shares of Walmart by 48.3% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 9,765,159 shares of the retailer's stock valued at $882,282,000 after acquiring an additional 3,182,477 shares during the last quarter. Institutional investors own 26.76% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Citigroup reiterated a "buy" rating on shares of Walmart in a research note on Tuesday, May 6th. KeyCorp increased their price target on Walmart from $105.00 to $110.00 and gave the company an "overweight" rating in a research note on Monday, June 9th. Tigress Financial raised their target price on Walmart from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. Robert W. Baird raised their target price on Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Finally, Wall Street Zen raised Walmart from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Two equities research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $106.67.

Walmart Stock Performance

Shares of NYSE:WMT traded up $0.85 during mid-day trading on Friday, reaching $97.45. The company had a trading volume of 12,845,633 shares, compared to its average volume of 13,524,539. 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 has a market cap of $777.72 billion, a price-to-earnings ratio of 41.65, a PEG ratio of 4.65 and a beta of 0.68. The company's 50-day moving average price is $96.76 and its 200-day moving average price is $94.81. Walmart Inc. has a one year low of $66.67 and a one year high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 earnings per share 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%. Walmart's revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.60 EPS. As a group, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

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

Insider Buying and Selling

In related news, EVP John R. Furner sold 13,125 shares of the firm's stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $95.14, for a total value of $1,248,712.50. Following the sale, the executive vice president directly owned 932,313 shares of the company's stock, valued at $88,700,258.82. This trade represents a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $95.14, for a total transaction of $380,560.00. Following the completion of the transaction, the executive vice president directly owned 1,056,455 shares of the company's stock, valued at approximately $100,511,128.70. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 126,696 shares of company stock valued at $12,222,245 over the last ninety days. Corporate insiders own 45.58% of the company's stock.

Walmart 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.