Stephens Inc. AR Has $118.90 Million Holdings in Walmart Inc. (NYSE:WMT)

Stephens Inc. AR lifted its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 0.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,354,406 shares of the retailer's stock after acquiring an additional 11,649 shares during the quarter. Walmart accounts for approximately 1.7% of Stephens Inc. AR's investment portfolio, making the stock its 5th biggest holding. Stephens Inc. AR's holdings in Walmart were worth $118,903,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. World Investment Advisors raised its holdings 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 last quarter. GWN Securities Inc. acquired a new stake in shares of Walmart during the 4th quarter worth approximately $4,658,000. Full Sail Capital LLC increased its holdings in shares of Walmart by 6.6% during the 4th quarter. Full Sail Capital LLC now owns 8,702 shares of the retailer's stock worth $786,000 after buying an additional 541 shares during the last quarter. Leslie Global Wealth LLC increased its holdings in shares of Walmart by 22.0% during the 4th quarter. Leslie Global Wealth LLC now owns 3,154 shares of the retailer's stock worth $285,000 after buying an additional 568 shares during the last quarter. Finally, Scalar Gauge Management LLC boosted its position in shares of Walmart by 76.9% during the 4th quarter. Scalar Gauge Management LLC now owns 69,000 shares of the retailer's stock worth $6,234,000 after purchasing an additional 30,000 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $99.00, for a total value of $217,800.00. Following the completion of the sale, the executive vice president directly owned 630,518 shares of the company's stock, valued at approximately $62,421,282. This represents a 0.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Kathryn J. Mclay sold 28,000 shares of the business'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 transaction of $2,716,000.00. Following the completion of the sale, the executive vice president owned 1,064,455 shares in the company, valued at $103,252,135. The trade was a 2.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 140,951 shares of company stock valued at $13,543,436. Company insiders own 45.58% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Evercore ISI increased their price objective on shares of Walmart from $105.00 to $107.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 4th. KeyCorp increased their price objective on shares of Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. Stifel Nicolaus dropped their price target on shares of Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Robert W. Baird boosted their price target on shares of Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. Finally, Citigroup restated 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 have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $106.67.

Walmart Stock Performance

Shares of NYSE WMT traded down $0.19 during midday trading on Tuesday, hitting $95.59. The company's stock had a trading volume of 5,493,830 shares, compared to its average volume of 18,068,606. Walmart Inc. has a 1-year low of $66.67 and a 1-year high of $105.30. The firm's fifty day moving average price is $97.03 and its 200-day moving average price is $94.55. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.22 and a current ratio of 0.78. The firm has a market cap of $762.88 billion, a P/E ratio of 40.85, a P/E/G ratio of 4.54 and a beta of 0.68.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly 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. 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%. The company's quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.60 EPS. On average, sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

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

About Walmart

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.