Walmart Inc. (NYSE:WMT) Shares Acquired by Nilsine Partners LLC

Nilsine Partners LLC grew its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 11.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,274 shares of the retailer's stock after purchasing an additional 4,424 shares during the quarter. Nilsine Partners LLC's holdings in Walmart were worth $3,711,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of WMT. Norges Bank acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $5,737,355,000. Raymond James Financial Inc. acquired a new stake in Walmart during the fourth quarter worth approximately $2,306,627,000. GAMMA Investing LLC boosted its position in Walmart by 9,896.9% during the first quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer's stock worth $697,029,000 after acquiring an additional 7,860,306 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Walmart by 14.0% during the fourth quarter. Bank of New York Mellon Corp now owns 32,020,800 shares of the retailer's stock worth $2,893,079,000 after acquiring an additional 3,927,173 shares during the last quarter. Finally, Northern Trust Corp boosted its position in Walmart by 8.9% during the fourth quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer's stock worth $3,943,049,000 after acquiring an additional 3,550,037 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. The Goldman Sachs Group restated a "buy" rating on shares of Walmart in a research report on Wednesday, March 26th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $103.00 price target (up previously from $102.00) on shares of Walmart in a report on Monday, June 9th. Evercore ISI lifted their price target on shares of Walmart from $105.00 to $107.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. Oppenheimer lifted their price target on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. Finally, Telsey Advisory Group reiterated an "outperform" rating and issued a $115.00 price target on shares of Walmart in a report on Monday, June 9th. Two analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $106.50.

Insider Transactions at Walmart

In other news, EVP Daniel J. Bartlett sold 1,760 shares of the business's stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $94.77, for a total value of $166,795.20. Following the completion of the sale, the executive vice president now owns 650,977 shares of the company's stock, valued at approximately $61,693,090.29. The trade was a 0.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $88.66, for a total transaction of $195,052.00. Following the completion of the sale, the executive vice president now directly owns 398,024 shares of the company's stock, valued at $35,288,807.84. The trade was a 0.55% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 135,294 shares of company stock valued at $12,656,659. Insiders own 45.58% of the company's stock.

Walmart Stock Performance

Walmart stock opened at $96.16 on Friday. Walmart Inc. has a 12-month low of $66.55 and a 12-month high of $105.30. The company has a market capitalization of $767.41 billion, a price-to-earnings ratio of 41.10, a price-to-earnings-growth ratio of 4.69 and a beta of 0.69. 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 fifty day moving average price is $96.39 and its 200 day moving average price is $94.15.

Walmart (NYSE:WMT - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $164.53 billion. During the same quarter in the previous year, the firm posted $0.60 EPS. The firm's quarterly revenue was up 2.5% on a year-over-year basis. On average, research analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were given 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 currently 40.17%.

Walmart 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.

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