Walmart Inc. $WMT Shares Purchased by Banco Bilbao Vizcaya Argentaria S.A.

Key Points

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Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 18.6% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 686,096 shares of the retailer's stock after purchasing an additional 107,650 shares during the period. Walmart makes up 0.6% of Banco Bilbao Vizcaya Argentaria S.A.'s holdings, making the stock its 28th biggest holding. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Walmart were worth $60,199,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Walmart by 0.8% in the first quarter. Vanguard Group Inc. now owns 425,961,042 shares of the retailer's stock valued at $37,395,120,000 after purchasing an additional 3,224,154 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Walmart by 8.9% in the fourth quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer's stock valued at $3,943,049,000 after purchasing an additional 3,550,037 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer's stock valued at $2,922,770,000 after purchasing an additional 7,706,201 shares in the last quarter. Nuveen Asset Management LLC grew its holdings in shares of Walmart by 0.8% in the fourth quarter. Nuveen Asset Management LLC now owns 29,843,892 shares of the retailer's stock valued at $2,696,396,000 after purchasing an additional 233,040 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in Walmart by 2.9% in the first quarter. Invesco Ltd. now owns 29,188,142 shares of the retailer's stock worth $2,562,427,000 after acquiring an additional 823,020 shares during the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Walmart Trading Up 0.7%

Shares of Walmart stock opened at $100.65 on Tuesday. Walmart Inc. has a 1 year low of $73.34 and a 1 year high of $105.30. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.22 and a current ratio of 0.78. The company has a market capitalization of $803.23 billion, a P/E ratio of 43.01, a PEG ratio of 4.80 and a beta of 0.66. The company's fifty day moving average is $97.67 and its two-hundred day moving average is $95.58.

Walmart Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 18th will be given a dividend of $0.235 per share. The ex-dividend date is Friday, August 15th. This represents a yield of 90.0%. Walmart's dividend payout ratio is presently 40.17%.

Insider Activity

In other Walmart news, EVP Kathryn J. Mclay sold 28,000 shares of the company's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $97.00, for a total transaction of $2,716,000.00. Following the completion of the transaction, the executive vice president owned 1,064,455 shares in the company, valued at approximately $103,252,135. This represents a 2.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 29,148 shares of the company's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $96.58, for a total transaction of $2,815,113.84. Following the transaction, the chief executive officer owned 4,451,199 shares of the company's stock, valued at approximately $429,896,799.42. The trade was a 0.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 140,334 shares of company stock worth $13,526,350 in the last 90 days. Corporate insiders own 0.10% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Mizuho reissued an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a research report on Wednesday, August 13th. Telsey Advisory Group reissued an "outperform" rating and issued a $115.00 price objective on shares of Walmart in a research report on Thursday, August 14th. Oppenheimer increased their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Tigress Financial increased their price objective on shares of Walmart from $115.00 to $120.00 and gave the company a "buy" rating in a research report on Wednesday, July 2nd. Finally, DA Davidson reissued a "buy" rating and issued a $117.00 price objective on shares of Walmart in a research report on Friday, May 16th. One investment analyst has rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $109.89.

About Walmart

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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