Northwest Quadrant Wealth Management LLC Purchases Shares of 2,914 Walmart Inc. (NYSE:WMT)

Northwest Quadrant Wealth Management LLC purchased a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,914 shares of the retailer's stock, valued at approximately $263,000.

Other large investors also recently made changes to their positions in the company. Nuveen Asset Management LLC boosted its stake 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 during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Walmart by 25.0% in the 4th quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 25,000 shares of the retailer's stock worth $2,259,000 after buying an additional 5,000 shares in the last quarter. Obsidian Personal Planning Solutions LLC purchased a new position in Walmart in the 4th quarter valued at about $219,000. McGowan Group Asset Management Inc. boosted its position in Walmart by 17.5% in the 4th quarter. McGowan Group Asset Management Inc. now owns 11,367 shares of the retailer's stock valued at $1,027,000 after buying an additional 1,690 shares during the last quarter. Finally, Measured Risk Portfolios Inc. acquired a new stake in shares of Walmart during the fourth quarter valued at about $159,000. Hedge funds and other institutional investors own 26.76% of the company's stock.

Insider Transactions at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the firm's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total transaction of $343,800.00. Following the transaction, the executive vice president now directly owns 888,309 shares in the company, valued at $76,350,158.55. This trade represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $96.15, for a total value of $1,261,968.75. Following the sale, the executive vice president now directly owns 460,672 shares of the company's stock, valued at $44,293,612.80. The trade was a 2.77% decrease in their position. The disclosure for this sale can be found here. Insiders sold 133,857 shares of company stock valued at $12,444,743 over the last three months. 45.58% of the stock is owned by corporate insiders.

Walmart Price Performance

Walmart stock traded up $1.91 during mid-day trading on Friday, hitting $98.26. The company's stock had a trading volume of 33,699,272 shares, compared to its average volume of 17,891,939. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $786.18 billion, a P/E ratio of 40.77, a P/E/G ratio of 4.42 and a beta of 0.70. Walmart Inc. has a twelve month low of $63.63 and a twelve month high of $105.30. The stock's fifty day moving average price is $90.98 and its two-hundred day moving average price is $92.29.

Walmart (NYSE:WMT - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.03. The business 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 21.87% and a net margin of 2.85%. During the same quarter in the previous year, the company posted $0.60 earnings per share. Research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

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

Analyst Ratings Changes

Several research firms have issued reports on WMT. Sanford C. Bernstein restated an "outperform" rating on shares of Walmart in a report on Monday, May 5th. Barclays restated an "overweight" rating on shares of Walmart in a report on Friday, February 28th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $102.00 price target on shares of Walmart in a research report on Friday. DA Davidson reaffirmed a "buy" rating and set a $117.00 price target on shares of Walmart in a research report on Friday. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and set a $115.00 price target on shares of Walmart in a research report on Monday. Two investment 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 stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target 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.