Wynn Capital LLC Has $3.47 Million Stock Position in Walmart Inc. (NYSE:WMT)

Wynn Capital LLC grew its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 43.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,522 shares of the retailer's stock after acquiring an additional 11,895 shares during the period. Walmart accounts for 2.1% of Wynn Capital LLC's holdings, making the stock its 11th largest position. Wynn Capital LLC's holdings in Walmart were worth $3,470,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Tallon Kerry Patrick acquired a new position in shares of Walmart during the 4th quarter worth approximately $252,000. LaFleur & Godfrey LLC raised its position in shares of Walmart by 1.4% in the fourth quarter. LaFleur & Godfrey LLC now owns 69,542 shares of the retailer's stock valued at $6,283,000 after buying an additional 992 shares in the last quarter. Eagle Capital Management LLC grew its position in Walmart by 9.1% during the fourth quarter. Eagle Capital Management LLC now owns 3,861 shares of the retailer's stock worth $349,000 after buying an additional 321 shares in the last quarter. Brighton Jones LLC grew its position in Walmart by 28.8% during the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer's stock worth $8,868,000 after buying an additional 21,939 shares in the last quarter. Finally, Union Bancaire Privee UBP SA bought a new position in Walmart during the 4th quarter worth $10,645,000. Institutional investors own 26.76% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on WMT shares. The Goldman Sachs Group reiterated a "buy" rating on shares of Walmart in a research report on Wednesday, March 26th. Stifel Nicolaus dropped their price target on Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. JPMorgan Chase & Co. boosted their price target on Walmart from $97.00 to $112.00 and gave the company an "overweight" rating in a research note on Monday, February 10th. Robert W. Baird boosted their price target on Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Finally, Wall Street Zen raised shares of Walmart from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. Two equities research analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Walmart currently has an average rating of "Moderate Buy" and an average target price of $105.16.

Walmart Price Performance

Shares of NYSE:WMT opened at $97.46 on Friday. The firm has a market cap of $779.77 billion, a PE ratio of 40.44, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69. The firm's fifty day moving average is $94.71 and its 200-day moving average is $93.88. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. Walmart Inc. has a 52 week low of $65.90 and a 52 week high of $105.30.

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

Walmart Announces Dividend

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

Insider Transactions at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $99.00, for a total value of $217,800.00. Following the transaction, the executive vice president now owns 630,518 shares in the company, valued at $62,421,282. The trade was a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $85.95, for a total transaction of $343,800.00. Following the completion of the transaction, the executive vice president now owns 888,309 shares in the company, valued at approximately $76,350,158.55. The trade was a 0.45% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 137,534 shares of company stock worth $12,833,664. Company insiders own 45.58% of the company's stock.

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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