Wexford Capital LP Has $2.10 Million Holdings in Walmart Inc. (NYSE:WMT)

Wexford Capital LP cut its holdings in shares of Walmart Inc. (NYSE:WMT - Free Report) by 49.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,236 shares of the retailer's stock after selling 22,494 shares during the quarter. Wexford Capital LP's holdings in Walmart were worth $2,099,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of WMT. Regent Peak Wealth Advisors LLC raised its stake in shares of Walmart by 1.3% in the fourth quarter. Regent Peak Wealth Advisors LLC now owns 17,325 shares of the retailer's stock valued at $1,565,000 after purchasing an additional 226 shares in the last quarter. Tallon Kerry Patrick acquired a new position in shares of Walmart in the fourth quarter valued at $252,000. Wedge Capital Management L L P NC raised its stake in shares of Walmart by 2.0% in the fourth quarter. Wedge Capital Management L L P NC now owns 7,501 shares of the retailer's stock valued at $678,000 after purchasing an additional 146 shares in the last quarter. Brooklyn Investment Group raised its stake in shares of Walmart by 6.0% in the fourth quarter. Brooklyn Investment Group now owns 34,027 shares of the retailer's stock valued at $3,074,000 after purchasing an additional 1,930 shares in the last quarter. Finally, Retirement Wealth Solutions LLC acquired a new position in shares of Walmart in the fourth quarter valued at $63,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $88.66, for a total value of $195,052.00. Following the completion of the transaction, the executive vice president now directly owns 398,024 shares of the company's stock, valued at approximately $35,288,807.84. This trade represents a 0.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Daniel J. Bartlett sold 1,600 shares of the firm's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total transaction of $166,384.00. Following the completion of the transaction, the executive vice president now directly owns 423,597 shares of the company's stock, valued at $44,049,852.03. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 133,857 shares of company stock valued at $12,444,743 in the last ninety days. 45.58% of the stock is currently owned by corporate insiders.

Walmart Stock Performance

Shares of NYSE:WMT opened at $98.26 on Monday. The company has a market capitalization of $786.18 billion, a price-to-earnings ratio of 40.77, a P/E/G ratio of 4.42 and a beta of 0.70. The firm's 50 day simple moving average is $91.19 and its 200 day simple moving average is $92.55. 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 Inc. has a fifty-two week low of $63.87 and a fifty-two week high of $105.30.

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

Walmart Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th will be issued a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a yield of 0.95%. Walmart's dividend payout ratio (DPR) is currently 39.00%.

Analyst Upgrades and Downgrades

WMT has been the subject of a number of recent research reports. Citigroup restated a "buy" rating on shares of Walmart in a research note on Tuesday, May 6th. Truist Financial upped their price target on Walmart from $107.00 to $111.00 and gave the company a "buy" rating in a research report on Friday. Robert W. Baird upped their price target on Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday. DZ Bank upgraded Walmart from a "hold" rating to a "buy" rating and set a $110.00 price target on the stock in a research report on Tuesday, February 25th. Finally, Raymond James lowered their price target on Walmart from $115.00 to $105.00 and set an "outperform" rating on the stock in a research report on Friday, April 11th. Two investment analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $104.94.

Walmart 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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