Round Rock Advisors LLC Raises Stock Holdings in Walmart Inc. (NYSE:WMT)

Round Rock Advisors LLC raised its position in Walmart Inc. (NYSE:WMT - Free Report) by 31.7% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 10,936 shares of the retailer's stock after acquiring an additional 2,631 shares during the period. Round Rock Advisors LLC's holdings in Walmart were worth $960,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Horizon Financial Services LLC boosted its stake in 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. EQ Wealth Advisors LLC bought a new stake in Walmart in the 1st quarter valued at $35,000. Mizuho Bank Ltd. bought a new stake in Walmart in the 4th quarter valued at $41,000. Nexus Investment Management ULC bought a new stake in Walmart in the 1st quarter valued at $49,000. Finally, WealthTrak Capital Management LLC bought a new stake in Walmart in the 4th quarter valued at $53,000. Institutional investors own 26.76% of the company's stock.

Walmart Stock Down 0.4%

NYSE:WMT traded down $0.42 on Friday, hitting $94.45. The stock had a trading volume of 7,903,216 shares, compared to its average volume of 18,075,982. The business's fifty day moving average is $97.19 and its 200 day moving average is $94.48. The company has a market cap of $753.71 billion, a PE ratio of 40.37, a P/E/G ratio of 4.66 and a beta of 0.68. The company has a quick ratio of 0.22, a current ratio of 0.78 and a debt-to-equity ratio of 0.47. Walmart Inc. has a 52 week low of $66.67 and a 52 week high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.03. The business had revenue of $165.61 billion for the quarter, compared to analyst estimates of $164.53 billion. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The company's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.60 earnings per share. On average, equities research analysts expect 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. Stockholders of record on Monday, May 12th were issued a $0.235 dividend. 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 presently 40.17%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on WMT shares. Raymond James Financial reduced their price target on Walmart from $115.00 to $105.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. The Goldman Sachs Group reiterated a "buy" rating on shares of Walmart in a research report on Wednesday, March 26th. Citigroup reiterated a "buy" rating on shares of Walmart in a research report on Tuesday, May 6th. UBS Group cut their target price on Walmart from $112.00 to $110.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Finally, Stifel Nicolaus cut their target price on Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Two research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $106.67.

Insider Buying and Selling

In other news, 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 value of $2,716,000.00. Following the transaction, the executive vice president owned 1,064,455 shares in the company, valued at $103,252,135. This trade represents a 2.56% 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 hyperlink. Also, CEO C Douglas Mcmillon sold 29,148 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $96.58, for a total value of $2,815,113.84. Following the completion of the transaction, the chief executive officer owned 4,451,199 shares in the company, valued at $429,896,799.42. This represents a 0.65% 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 over the last three months. Company insiders own 45.58% of the company's stock.

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.