Rational Advisors Inc. Sells 16,987 Shares of Walmart Inc. (NYSE:WMT)

Rational Advisors Inc. decreased its position in Walmart Inc. (NYSE:WMT - Free Report) by 28.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 42,911 shares of the retailer's stock after selling 16,987 shares during the quarter. Rational Advisors Inc.'s holdings in Walmart were worth $3,767,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. World Investment Advisors grew its holdings in Walmart by 7.6% during the 4th quarter. World Investment Advisors now owns 271,515 shares of the retailer's stock worth $24,532,000 after acquiring an additional 19,233 shares during the last quarter. GWN Securities Inc. bought a new stake in Walmart during the 4th quarter worth about $4,658,000. Full Sail Capital LLC lifted its position in Walmart by 6.6% during the 4th quarter. Full Sail Capital LLC now owns 8,702 shares of the retailer's stock valued at $786,000 after purchasing an additional 541 shares during the period. Leslie Global Wealth LLC lifted its position in Walmart by 22.0% during the 4th quarter. Leslie Global Wealth LLC now owns 3,154 shares of the retailer's stock valued at $285,000 after purchasing an additional 568 shares during the period. Finally, Scalar Gauge Management LLC lifted its position in Walmart by 76.9% during the 4th quarter. Scalar Gauge Management LLC now owns 69,000 shares of the retailer's stock valued at $6,234,000 after purchasing an additional 30,000 shares during the period. Institutional investors own 26.76% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on WMT. Stifel Nicolaus cut their target price on shares of Walmart from $93.00 to $91.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. Citigroup restated a "buy" rating on shares of Walmart in a research report on Tuesday, May 6th. Raymond James Financial cut their target price 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. UBS Group cut their target price on shares of Walmart from $112.00 to $110.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Finally, DA Davidson restated a "buy" rating and set a $117.00 target price on shares of Walmart in a research report on Friday, May 16th. Two investment analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Walmart presently has a consensus rating of "Moderate Buy" and a consensus price target of $106.67.

Insider Activity

In related news, CEO C Douglas Mcmillon sold 29,148 shares of the business's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $96.58, for a total transaction of $2,815,113.84. Following the transaction, the chief executive officer directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the business's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $95.85, for a total transaction of $1,258,031.25. Following the transaction, the executive vice president owned 945,434 shares in the company, valued at approximately $90,619,848.90. The trade was a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 142,711 shares of company stock valued at $13,710,319 in the last ninety days. Corporate insiders own 45.58% of the company's stock.

Walmart Stock Down 0.5%

Shares of NYSE WMT traded down $0.50 during midday trading on Friday, reaching $94.36. The company's stock had a trading volume of 14,577,628 shares, compared to its average volume of 18,111,476. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47. Walmart Inc. has a fifty-two week low of $66.67 and a fifty-two week high of $105.30. The stock has a market capitalization of $753.03 billion, a price-to-earnings ratio of 40.32, a PEG ratio of 4.57 and a beta of 0.68. The stock has a 50 day simple moving average of $97.10 and a 200-day simple moving average of $94.49.

Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 earnings per share (EPS) for the quarter, beating 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 company had revenue of $165.61 billion for the quarter, compared to the consensus estimate of $164.53 billion. During the same period last year, the company earned $0.60 earnings per share. The firm's revenue was up 2.5% compared to the same quarter last year. Equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th were issued a $0.235 dividend. The ex-dividend date was Friday, May 9th. This represents a dividend yield of 0.95%. Walmart's dividend payout ratio (DPR) is presently 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.