Capital Advisory Group Advisory Services LLC Decreases Position in Walmart Inc. (NYSE:WMT)

Capital Advisory Group Advisory Services LLC decreased its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 15.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,051 shares of the retailer's stock after selling 4,561 shares during the period. Capital Advisory Group Advisory Services LLC's holdings in Walmart were worth $2,111,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Tallon Kerry Patrick acquired a new position in Walmart in the 4th quarter valued at $252,000. LaFleur & Godfrey LLC raised its stake in Walmart by 1.4% in the fourth quarter. LaFleur & Godfrey LLC now owns 69,542 shares of the retailer's stock valued at $6,283,000 after purchasing an additional 992 shares in the last quarter. Eagle Capital Management LLC lifted its position in Walmart by 9.1% during the fourth quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer's stock worth $349,000 after purchasing an additional 321 shares during the period. Brighton Jones LLC lifted its position in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after purchasing an additional 21,939 shares during the period. Finally, Union Bancaire Privee UBP SA acquired a new stake in Walmart during the fourth quarter worth about $10,645,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on WMT shares. Telsey Advisory Group reaffirmed an "outperform" rating and set a $115.00 price target on shares of Walmart in a report on Monday. Barclays restated an "overweight" rating on shares of Walmart in a research report on Friday, February 28th. Oppenheimer raised their target price on Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. DA Davidson reiterated a "buy" rating and issued a $117.00 price target on shares of Walmart in a research note on Friday, May 16th. Finally, Stifel Nicolaus dropped their price objective on Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. 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 company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $106.50.

Insider Transactions at Walmart

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total value of $343,800.00. Following the completion of the transaction, the executive vice president now directly owns 888,309 shares of the company's stock, valued at $76,350,158.55. This represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of Walmart stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $99.00, for a total value of $217,800.00. Following the sale, the executive vice president now owns 630,518 shares in the company, valued at $62,421,282. This trade represents a 0.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 137,534 shares of company stock valued at $12,833,664 over the last three months. Corporate insiders own 45.58% of the company's stock.

Walmart Stock Down 1.4%

Shares of WMT traded down $1.33 during trading hours on Thursday, hitting $94.47. The stock had a trading volume of 10,817,279 shares, compared to its average volume of 17,841,683. Walmart Inc. has a 1-year low of $65.90 and a 1-year high of $105.30. The firm has a market capitalization of $755.84 billion, a P/E ratio of 39.20, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69. The firm has a 50 day simple moving average of $95.31 and a 200-day simple moving average of $94.01. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.03. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The firm had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. During the same quarter last year, the firm posted $0.60 earnings per share. The company's revenue for the quarter was up 2.5% compared to the same quarter last year. Sell-side analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were issued a dividend of $0.235 per share. This represents a dividend yield of 0.95%. The ex-dividend date 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.