Wolf Group Capital Advisors Invests $451,000 in Walmart Inc. (NYSE:WMT)

Wolf Group Capital Advisors bought a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 5,140 shares of the retailer's stock, valued at approximately $451,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. FPC Investment Advisory Inc. purchased a new stake in Walmart in the fourth quarter worth about $25,000. Horizon Financial Services LLC lifted its holdings in Walmart by 1,007.7% in the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock worth $26,000 after buying an additional 262 shares during the period. Noble Wealth Management PBC purchased a new stake in Walmart in the fourth quarter worth about $37,000. Mizuho Bank Ltd. purchased a new stake in Walmart in the fourth quarter worth about $41,000. Finally, Nexus Investment Management ULC purchased a new stake in Walmart in the first quarter worth about $49,000. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Citigroup reaffirmed a "buy" rating on shares of Walmart in a research note on Tuesday, May 6th. Barclays reaffirmed an "overweight" rating on shares of Walmart in a research note on Friday, February 28th. DZ Bank raised shares of Walmart from a "hold" rating to a "buy" rating and set a $110.00 target price for the company in a research note on Tuesday, February 25th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Walmart in a research note on Monday, May 5th. Finally, Raymond James Financial decreased their target price on shares of Walmart from $115.00 to $105.00 and set an "outperform" rating for the company in a research note on Friday, April 11th. Two analysts have rated the stock with a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Walmart currently has a consensus rating of "Moderate Buy" and a consensus price target of $106.50.

Insider Activity at Walmart

In other Walmart 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 value of $2,815,113.84. Following the sale, the chief executive officer now owns 4,451,199 shares in the company, valued at $429,896,799.42. The trade was a 0.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $99.00, for a total transaction of $217,800.00. Following the completion of the sale, the executive vice president now owns 630,518 shares in the company, valued at approximately $62,421,282. The trade was a 0.35% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 135,294 shares of company stock worth $12,656,659. 45.58% of the stock is owned by corporate insiders.

Walmart Trading Down 0.1%

Shares of WMT stock opened at $94.24 on Wednesday. Walmart Inc. has a 1 year low of $66.55 and a 1 year high of $105.30. The firm has a fifty day moving average price of $96.13 and a 200-day moving average price of $94.11. 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 company has a market cap of $752.04 billion, a price-to-earnings ratio of 40.27, a PEG ratio of 4.60 and a beta of 0.69.

Walmart (NYSE:WMT - Get Free Report) last issued 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 firm had revenue of $165.61 billion during the quarter, compared to the consensus estimate of $164.53 billion. During the same quarter in the previous year, the firm posted $0.60 EPS. The company's revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

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