Walmart Inc. (NYSE:WMT) Shares Bought by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC grew its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 2.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 252,722 shares of the retailer's stock after purchasing an additional 6,964 shares during the quarter. Walmart comprises approximately 0.7% of U.S. Capital Wealth Advisors LLC's portfolio, making the stock its 24th largest holding. U.S. Capital Wealth Advisors LLC's holdings in Walmart were worth $22,186,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of WMT. Horizon Financial Services LLC increased its holdings 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 last quarter. EQ Wealth Advisors LLC acquired a new position in shares of Walmart in the first quarter worth $35,000. Mizuho Bank Ltd. acquired a new position in shares of Walmart during the fourth quarter worth $41,000. Nexus Investment Management ULC acquired a new position in shares of Walmart during the first quarter worth $49,000. Finally, WealthTrak Capital Management LLC acquired a new position in shares of Walmart during the fourth quarter worth $53,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. The Goldman Sachs Group reissued a "buy" rating on shares of Walmart in a research report on Wednesday, March 26th. Truist Financial boosted their price target on shares of Walmart from $107.00 to $111.00 and gave the stock a "buy" rating in a research note on Friday, May 16th. Stifel Nicolaus dropped their price target on shares of Walmart from $93.00 to $91.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. KeyCorp upped their target price 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. Finally, Tigress Financial upped their target price on shares of Walmart from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. Two equities research analysts have rated the stock with a hold rating, thirty have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $106.67.

Insider Activity at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 28,000 shares of the firm's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $97.00, for a total transaction of $2,716,000.00. Following the completion of the transaction, the executive vice president directly owned 1,064,455 shares of the company's stock, valued at $103,252,135. This trade represents a 2.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 29,148 shares of the firm's stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $96.58, for a total transaction 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 approximately $429,896,799.42. The trade was a 0.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 142,711 shares of company stock valued at $13,710,319 in the last 90 days. 45.58% of the stock is currently owned by insiders.

Walmart Trading Down 2.1%

Shares of WMT stock traded down $2.06 during mid-day trading on Tuesday, reaching $97.29. The company's stock had a trading volume of 5,219,166 shares, compared to its average volume of 17,999,406. The company's 50 day simple moving average is $97.22 and its 200-day simple moving average is $94.41. Walmart Inc. has a 12-month low of $66.67 and a 12-month high of $105.30. The company has a quick ratio of 0.22, a current ratio of 0.78 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $776.41 billion, a PE ratio of 41.59, a price-to-earnings-growth ratio of 4.73 and a beta of 0.68.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.03. The business had revenue of $165.61 billion for the quarter, compared to the consensus estimate of $164.53 billion. Walmart had a net margin of 2.75% and a return on equity of 21.76%. The business's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.60 EPS. On average, research analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th were issued 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 dividend payout ratio is currently 40.17%.

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.