Siemens Fonds Invest GmbH Has $1.14 Million Holdings in Walmart Inc. (NYSE:WMT)

Siemens Fonds Invest GmbH trimmed its position in Walmart Inc. (NYSE:WMT - Free Report) by 78.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 12,567 shares of the retailer's stock after selling 44,757 shares during the period. Siemens Fonds Invest GmbH's holdings in Walmart were worth $1,135,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Tallon Kerry Patrick bought a new position in shares of Walmart in the 4th quarter worth $252,000. LaFleur & Godfrey LLC lifted its holdings in Walmart by 1.4% during the fourth quarter. LaFleur & Godfrey LLC now owns 69,542 shares of the retailer's stock worth $6,283,000 after acquiring an additional 992 shares in the last quarter. Eagle Capital Management LLC lifted its holdings in Walmart by 9.1% during the fourth quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer's stock worth $349,000 after acquiring an additional 321 shares in the last quarter. Brighton Jones LLC lifted its holdings in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after acquiring an additional 21,939 shares in the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd lifted its holdings in Walmart by 11.8% during the fourth quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 10,009 shares of the retailer's stock worth $904,000 after acquiring an additional 1,054 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Stock Performance

Shares of Walmart stock traded up $1.47 on Friday, hitting $98.57. The stock had a trading volume of 29,968,085 shares, compared to its average volume of 17,929,072. Walmart Inc. has a twelve month low of $64.16 and a twelve month high of $105.30. The business's 50 day moving average is $93.46 and its two-hundred day moving average is $93.36. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock has a market cap of $788.65 billion, a price-to-earnings ratio of 40.90, a price-to-earnings-growth ratio of 4.42 and a beta of 0.70.

Walmart (NYSE:WMT - Get Free Report) last posted its 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. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The company had revenue of $165.61 billion for the quarter, compared to the consensus estimate of $164.53 billion. During the same quarter in the prior year, the business earned $0.60 earnings per share. The firm's revenue for the quarter was up 2.5% on a year-over-year basis. Analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The business also recently declared 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 dividend yield of 0.95%. The ex-dividend date of this dividend was Friday, May 9th. Walmart's dividend payout ratio (DPR) is currently 40.17%.

Insider Activity at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the company's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $85.63, for a total transaction of $2,493,888.12. Following the completion of the sale, the chief executive officer now directly owns 3,972,517 shares in the company, valued at $340,166,630.71. This represents a 0.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Daniel J. Bartlett sold 1,760 shares of the company's stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $94.82, for a total value of $166,883.20. Following the sale, the executive vice president now owns 520,275 shares of the company's stock, valued at $49,332,475.50. The trade was a 0.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 135,334 shares of company stock worth $12,615,864. Company insiders own 45.58% of the company's stock.

Analyst Ratings Changes

WMT has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their target price on Walmart from $97.00 to $112.00 and gave the stock an "overweight" rating in a report on Monday, February 10th. Piper Sandler lifted their target price on Walmart from $93.00 to $118.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. Barclays reiterated an "overweight" rating on shares of Walmart in a report on Friday, February 28th. Roth Mkm reissued a "buy" rating and issued a $108.00 price target (up previously from $97.00) on shares of Walmart in a research note on Friday, February 21st. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $102.00 price target on shares of Walmart in a research note on Friday, May 16th. Two investment analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and an average price target of $104.94.

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.