Revisor Wealth Management LLC Acquires 8,923 Shares of Walmart Inc. (NYSE:WMT)

Revisor Wealth Management LLC raised its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 107.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,208 shares of the retailer's stock after buying an additional 8,923 shares during the quarter. Revisor Wealth Management LLC's holdings in Walmart were worth $1,514,000 at the end of the most recent reporting period.

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

Walmart Stock Up 0.7%

Shares of Walmart stock traded up $0.68 during trading on Thursday, 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 has a market cap of $784.40 billion, a price-to-earnings ratio of 42.00, a price-to-earnings-growth ratio of 4.70 and a beta of 0.68. The firm's fifty day moving average is $97.02 and its 200-day moving average is $94.31. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.22 and a current ratio of 0.78. Walmart Inc. has a fifty-two week low of $66.67 and a fifty-two week 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, topping the consensus estimate of $0.58 by $0.03. The firm 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%. Walmart's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.60 earnings per share. On average, analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Dividend Announcement

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

Insider Activity

In other Walmart news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Friday, June 20th. The shares were sold at an average price of $95.85, for a total transaction of $1,258,031.25. Following the completion of the sale, the executive vice president owned 945,434 shares of the company's stock, 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 SEC, which is available at this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Monday, June 2nd. The stock was 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 in the company, valued at $62,421,282. This trade represents a 0.35% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 142,711 shares of company stock worth $13,710,319. Company insiders own 45.58% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Evercore ISI lifted their price target on Walmart from $105.00 to $107.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. Oppenheimer upped their price objective on Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. Stifel Nicolaus dropped their target price on Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Wall Street Zen upgraded Walmart from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Finally, Erste Group Bank cut Walmart from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 17th. Two analysts have rated the stock with a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Walmart currently has a consensus rating of "Moderate Buy" and a consensus price target of $106.67.

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.