Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Sells 2,741 Shares of Walmart Inc. (NYSE:WMT)

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group reduced its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 19.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,623 shares of the retailer's stock after selling 2,741 shares during the period. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group's holdings in Walmart were worth $1,020,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Walmart by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer's stock worth $38,194,278,000 after purchasing an additional 2,050,683 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Walmart by 3.4% during the fourth quarter. Geode Capital Management LLC now owns 90,635,238 shares of the retailer's stock worth $8,167,186,000 after purchasing an additional 3,017,829 shares in the last quarter. Norges Bank purchased a new position in shares of Walmart in the 4th quarter valued at about $5,737,355,000. Northern Trust Corp grew its stake in Walmart by 8.9% during the 4th quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer's stock worth $3,943,049,000 after buying an additional 3,550,037 shares during the last quarter. Finally, Franklin Resources Inc. raised its position in Walmart by 1.2% during the 4th quarter. Franklin Resources Inc. now owns 42,015,818 shares of the retailer's stock worth $3,796,129,000 after buying an additional 514,036 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Insiders Place Their Bets

In related news, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $95.85, for a total value of $1,258,031.25. Following the completion of the sale, the executive vice president owned 945,434 shares in the company, valued at approximately $90,619,848.90. This represents a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $95.24, for a total value of $380,960.00. Following the sale, the executive vice president directly owned 1,060,455 shares in the company, valued at $100,997,734.20. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 142,695 shares of company stock valued at $13,710,162 in the last quarter. 45.58% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

WMT has been the topic of several research reports. Truist Financial raised their price target on shares of Walmart from $107.00 to $111.00 and gave the company a "buy" rating in a report on Friday, May 16th. Sanford C. Bernstein reissued an "outperform" rating on shares of Walmart in a research note on Monday, May 5th. Raymond James Financial lowered their price objective on shares of Walmart from $115.00 to $105.00 and set an "outperform" rating on the stock in a research report on Friday, April 11th. Wall Street Zen upgraded shares of Walmart from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Finally, Citigroup reaffirmed a "buy" rating on shares of Walmart in a research report on Tuesday, May 6th. Two 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. Based on data from MarketBeat.com, Walmart presently has an average rating of "Moderate Buy" and an average price target of $106.67.

Walmart Price Performance

Shares of WMT traded down $0.09 during midday trading on Friday, reaching $95.00. The stock had a trading volume of 1,896,853 shares, compared to its average volume of 19,502,844. Walmart Inc. has a 52 week low of $66.67 and a 52 week high of $105.30. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.78 and a quick ratio of 0.22. The firm's 50 day moving average price is $96.85 and its 200-day moving average price is $94.59. The company has a market capitalization of $758.16 billion, a P/E ratio of 40.63, a P/E/G ratio of 4.58 and a beta of 0.68.

Walmart (NYSE:WMT - Get Free Report) last posted 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 2.75% and a return on equity of 21.76%. The firm had revenue of $165.61 billion during the quarter, compared to analyst estimates of $164.53 billion. During the same quarter last year, the business posted $0.60 EPS. The company's revenue was up 2.5% on a year-over-year basis. On average, analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Dividend Announcement

The business also recently announced 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 was Friday, May 9th. Walmart's payout ratio is presently 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.

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