Town & Country Bank & Trust CO dba First Bankers Trust CO Sells 3,154 Shares of Walmart Inc. (NYSE:WMT)

Town & Country Bank & Trust CO dba First Bankers Trust CO lessened its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 15.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,010 shares of the retailer's stock after selling 3,154 shares during the quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO's holdings in Walmart were worth $1,493,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. FPC Investment Advisory Inc. acquired a new stake in shares of Walmart during the 4th quarter valued at approximately $25,000. Horizon Financial Services LLC raised its position in shares of Walmart by 1,007.7% during the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock worth $26,000 after purchasing an additional 262 shares during the last quarter. Fiduciary Advisors Inc. acquired a new position in shares of Walmart during the 4th quarter worth approximately $27,000. Noble Wealth Management PBC acquired a new position in shares of Walmart during the 4th quarter worth approximately $37,000. Finally, Mizuho Bank Ltd. acquired a new position in shares of Walmart during the 4th quarter worth approximately $41,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insider Buying and Selling at Walmart

In related news, CEO C Douglas Mcmillon sold 29,148 shares of the stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $96.58, for a total value of $2,815,113.84. Following the completion of the transaction, the chief executive officer now owns 4,451,199 shares of the company's stock, valued at $429,896,799.42. This represents a 0.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total transaction of $343,800.00. Following the sale, the executive vice president now directly owns 888,309 shares in the company, valued at $76,350,158.55. This represents a 0.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 135,334 shares of company stock worth $12,615,864 over the last ninety days. Company insiders own 45.58% of the company's stock.

Walmart Price Performance

NYSE WMT traded down $0.05 on Monday, reaching $98.68. The company's stock had a trading volume of 6,758,803 shares, compared to its average volume of 17,846,419. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The stock has a market cap of $789.49 billion, a PE ratio of 40.91, a PEG ratio of 4.42 and a beta of 0.70. Walmart Inc. has a twelve month low of $65.16 and a twelve month high of $105.30. The firm's 50 day moving average is $93.46 and its two-hundred day moving average is $93.47.

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

Walmart Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th were issued a dividend of $0.235 per share. This represents a yield of 0.95%. The ex-dividend date was Friday, May 9th. Walmart's dividend payout ratio (DPR) is 40.17%.

Analysts Set New Price Targets

Several brokerages recently issued reports on WMT. Oppenheimer lifted their price objective on Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th. DZ Bank upgraded Walmart from a "hold" rating to a "buy" rating and set a $110.00 price target for the company in a report on Tuesday, February 25th. The Goldman Sachs Group restated a "buy" rating on shares of Walmart in a report on Wednesday, March 26th. Morgan Stanley restated an "overweight" rating and set a $115.00 price objective (up from $106.00) on shares of Walmart in a report on Thursday, February 13th. Finally, Erste Group Bank downgraded Walmart from a "strong-buy" rating to a "hold" rating in a report on Monday, March 17th. Two investment analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $104.94.

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.