State of Wyoming Has $1.16 Million Stock Position in Walmart Inc. (NYSE:WMT)

State of Wyoming grew its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 791.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,799 shares of the retailer's stock after acquiring an additional 11,364 shares during the period. State of Wyoming's holdings in Walmart were worth $1,156,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Regent Peak Wealth Advisors LLC grew its holdings in Walmart by 1.3% in the 4th quarter. Regent Peak Wealth Advisors LLC now owns 17,325 shares of the retailer's stock valued at $1,565,000 after buying an additional 226 shares during the period. Tallon Kerry Patrick acquired a new stake in Walmart during the fourth quarter worth about $252,000. Certified Advisory Corp raised its holdings in shares of Walmart by 0.9% in the 4th quarter. Certified Advisory Corp now owns 24,084 shares of the retailer's stock worth $2,176,000 after purchasing an additional 209 shares during the period. Central Valley Advisors LLC lifted its stake in shares of Walmart by 0.4% in the 4th quarter. Central Valley Advisors LLC now owns 39,038 shares of the retailer's stock valued at $3,527,000 after purchasing an additional 147 shares in the last quarter. Finally, Constitution Capital LLC grew its holdings in shares of Walmart by 1.8% during the 4th quarter. Constitution Capital LLC now owns 94,116 shares of the retailer's stock worth $8,503,000 after purchasing an additional 1,635 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $96.95, for a total transaction of $2,823,571.80. Following the completion of the sale, the chief executive officer now owns 3,558,247 shares in the company, valued at $344,972,046.65. The trade was a 0.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Christopher James Nicholas sold 17,600 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $94.42, for a total transaction of $1,661,792.00. Following the sale, the executive vice president now owns 348,357 shares of the company's stock, valued at $32,891,867.94. The trade was a 4.81% decrease in their position. The disclosure for this sale can be found here. Insiders sold 166,035 shares of company stock worth $15,548,082 in the last quarter. Insiders own 45.58% of the company's stock.

Walmart Price Performance

NYSE WMT traded down $0.01 during trading hours on Thursday, reaching $96.42. 6,333,947 shares of the company's stock were exchanged, compared to its average volume of 17,807,235. Walmart Inc. has a one year low of $64.16 and a one year high of $105.30. The stock has a market cap of $771.48 billion, a PE ratio of 40.01, a price-to-earnings-growth ratio of 4.42 and a beta of 0.70. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. The firm has a fifty day moving average of $91.95 and a 200-day moving average of $92.72.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The firm had revenue of $165.61 billion for the quarter, compared to analyst estimates of $164.53 billion. During the same quarter in the prior year, the firm earned $0.60 EPS. The company's revenue was up 2.5% on a year-over-year basis. On average, equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have commented on the company. DA Davidson reissued a "buy" rating and issued a $117.00 price objective on shares of Walmart in a research report on Friday, May 16th. The Goldman Sachs Group reiterated a "buy" rating on shares of Walmart in a research note on Wednesday, March 26th. Morgan Stanley reissued an "overweight" rating and set a $115.00 price target (up from $106.00) on shares of Walmart in a research report on Thursday, February 13th. Wells Fargo & Company upped their price target on Walmart from $100.00 to $108.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. Finally, Citigroup reiterated a "buy" rating on shares of Walmart in a research note on Tuesday, May 6th. Two research analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price 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.