Kathryn J. Mclay Sells 4,000 Shares of Walmart Inc. (NYSE:WMT) Stock

Walmart Inc. (NYSE:WMT - Get Free Report) EVP Kathryn J. Mclay sold 4,000 shares of the business's stock in a transaction on Monday, July 21st. The stock was sold at an average price of $95.14, for a total transaction of $380,560.00. Following the completion of the transaction, the executive vice president owned 1,056,455 shares in the company, valued at $100,511,128.70. This represents a 0.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Walmart Price Performance

NYSE WMT traded up $0.20 during trading hours on Tuesday, reaching $95.87. 9,040,232 shares of the stock traded hands, compared to its average volume of 18,123,519. The stock has a 50 day simple moving average of $96.81 and a two-hundred day simple moving average of $94.68. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.78 and a quick ratio of 0.22. Walmart Inc. has a 1 year low of $66.67 and a 1 year high of $105.30. The company has a market cap of $765.10 billion, a price-to-earnings ratio of 40.97, a price-to-earnings-growth ratio of 4.60 and a beta of 0.68.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates 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 return on equity of 21.76% and a net margin of 2.75%. The business's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.60 EPS. On average, analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

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

Institutional Trading of Walmart

Institutional investors have recently made changes to their positions in the business. Merit Financial Group LLC raised its holdings in Walmart by 58.9% in the second quarter. Merit Financial Group LLC now owns 253,098 shares of the retailer's stock worth $24,748,000 after purchasing an additional 93,768 shares in the last quarter. Kercheville Advisors LLC raised its stake in shares of Walmart by 7.4% in the second quarter. Kercheville Advisors LLC now owns 52,139 shares of the retailer's stock valued at $5,098,000 after acquiring an additional 3,582 shares in the last quarter. Fortitude Advisory Group L.L.C. raised its stake in Walmart by 4.0% during the 2nd quarter. Fortitude Advisory Group L.L.C. now owns 14,061 shares of the retailer's stock worth $1,375,000 after acquiring an additional 547 shares in the last quarter. IVC Wealth Advisors LLC purchased a new stake in shares of Walmart in the second quarter valued at about $206,000. Finally, Beacon Financial Advisory LLC raised its stake in shares of Walmart by 2.1% during the 2nd quarter. Beacon Financial Advisory LLC now owns 12,627 shares of the retailer's stock worth $1,235,000 after buying an additional 259 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.

Analyst Ratings Changes

Several research firms recently issued reports on WMT. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $103.00 price objective (up from $102.00) on shares of Walmart in a report on Monday, June 9th. Sanford C. Bernstein reissued an "outperform" rating on shares of Walmart in a report on Monday, May 5th. Wall Street Zen raised shares of Walmart from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Telsey Advisory Group reissued an "outperform" rating and issued a $115.00 price target on shares of Walmart in a report on Monday, June 9th. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of Walmart in a research report on Wednesday, March 26th. Two equities research 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's stock. According to data from MarketBeat.com, Walmart has a consensus rating of "Moderate Buy" and a consensus target price of $106.67.

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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