Walmart Inc. (NYSE:WMT) Stock Position Trimmed by Mitsubishi UFJ Asset Management UK Ltd.

Mitsubishi UFJ Asset Management UK Ltd. cut its position in Walmart Inc. (NYSE:WMT - Free Report) by 52.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,000 shares of the retailer's stock after selling 13,000 shares during the quarter. Mitsubishi UFJ Asset Management UK Ltd.'s holdings in Walmart were worth $1,053,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Full Sail Capital LLC lifted its position in Walmart by 6.6% in 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 last quarter. Leslie Global Wealth LLC increased its stake 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 buying an additional 568 shares during the period. Monument Capital Management increased its stake in Walmart by 94.2% during the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer's stock valued at $4,829,000 after buying an additional 26,685 shares during the period. Milestone Asset Management LLC grew its stake in shares of Walmart by 156.7% in the 1st quarter. Milestone Asset Management LLC now owns 54,659 shares of the retailer's stock worth $4,799,000 after purchasing an additional 33,370 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Walmart by 11.8% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer's stock worth $698,787,000 after purchasing an additional 838,689 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Mizuho upped their price objective on shares of Walmart from $105.00 to $115.00 and gave the company an "outperform" rating in a research note on Monday, June 9th. Oppenheimer boosted their target price on shares of Walmart from $110.00 to $115.00 and gave the stock an "outperform" rating in a research report on Wednesday. Robert W. Baird boosted their target price on shares of Walmart from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Citigroup reissued a "buy" rating on shares of Walmart in a report on Tuesday, May 6th. Finally, Evercore ISI boosted their price target on shares of Walmart from $107.00 to $108.00 and gave the company an "outperform" rating in a report on Tuesday. One investment analyst has rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $106.87.

Insider Buying and Selling at Walmart

In related news, EVP Daniel J. Bartlett sold 1,744 shares of the stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $95.60, for a total transaction of $166,726.40. Following the completion of the sale, the executive vice president directly owned 649,233 shares of the company's stock, valued at approximately $62,066,674.80. This represents a 0.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $95.14, for a total value of $380,560.00. Following the sale, the executive vice president directly owned 1,056,455 shares of the company's stock, valued at approximately $100,511,128.70. The trade was a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 144,334 shares of company stock worth $13,913,350 in the last quarter. Company insiders own 0.10% of the company's stock.

Walmart Stock Performance

Shares of WMT stock opened at $101.05 on Thursday. 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 stock has a market cap of $806.42 billion, a PE ratio of 43.18, a price-to-earnings-growth ratio of 4.99 and a beta of 0.66. The stock has a 50-day moving average of $97.49 and a 200-day moving average of $95.55. Walmart Inc. has a one year low of $67.85 and a one year high of $105.30.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings results 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 21.76% and a net margin of 2.75%. The company had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. During the same period in the prior year, the business posted $0.60 EPS. Walmart's revenue was up 2.5% on a year-over-year basis. As a group, sell-side analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 18th will be paid a dividend of $0.235 per share. This represents a yield of 90.0%. The ex-dividend date of this dividend is Friday, August 15th. Walmart's dividend payout ratio 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.

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