Walmart Inc. (NYSE:WMT) Shares Sold by Autumn Glory Partners LLC

Autumn Glory Partners LLC decreased its position in Walmart Inc. (NYSE:WMT - Free Report) by 25.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,868 shares of the retailer's stock after selling 4,824 shares during the quarter. Autumn Glory Partners LLC's holdings in Walmart were worth $1,217,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Walmart in the 4th quarter valued at $5,737,355,000. Raymond James Financial Inc. purchased a new position in Walmart in the fourth quarter valued at $2,306,627,000. GAMMA Investing LLC raised its stake in Walmart by 9,896.9% in the first quarter. GAMMA Investing LLC now owns 7,939,728 shares of the retailer's stock valued at $697,029,000 after buying an additional 7,860,306 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Walmart by 14.0% during the 4th quarter. Bank of New York Mellon Corp now owns 32,020,800 shares of the retailer's stock worth $2,893,079,000 after buying an additional 3,927,173 shares during the last quarter. Finally, Northern Trust Corp boosted its position in shares of 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 acquiring an additional 3,550,037 shares in the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Stock Performance

NYSE:WMT opened at $95.10 on Friday. 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 has a market cap of $758.95 billion, a price-to-earnings ratio of 40.64, a price-to-earnings-growth ratio of 4.64 and a beta of 0.69. The firm's fifty day moving average price is $96.32 and its 200 day moving average price is $94.13. Walmart Inc. has a 1-year low of $66.55 and a 1-year high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, beating the consensus estimate 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 quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.60 earnings per share. On average, sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th were given 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%.

Insider Transactions at Walmart

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the company's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $85.63, for a total transaction of $2,493,888.12. Following the transaction, the chief executive officer now owns 3,972,517 shares of the company's stock, valued at $340,166,630.71. This represents a 0.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction on Monday, April 21st. The stock was sold at an average price of $93.50, for a total value of $374,000.00. Following the completion of the transaction, the executive vice president now owns 1,096,455 shares of the company's stock, valued at $102,518,542.50. The trade was a 0.36% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 135,294 shares of company stock valued at $12,656,659. Corporate insiders own 45.58% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on WMT shares. KeyCorp raised their target price on Walmart from $105.00 to $110.00 and gave the stock an "overweight" rating in a research report on Monday, June 9th. Citigroup reiterated a "buy" rating on shares of Walmart in a research note on Tuesday, May 6th. Wall Street Zen upgraded shares of Walmart from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. Sanford C. Bernstein restated an "outperform" rating on shares of Walmart in a report on Monday, May 5th. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of Walmart in a research note on Wednesday, March 26th. Two equities research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $106.50.

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.

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