Walmart (NYSE:WMT) Trading Down 1.5%

Walmart Inc. (NYSE:WMT - Get Free Report)'s share price was down 1.5% on Tuesday . The company traded as low as $59.06 and last traded at $59.23. Approximately 3,617,342 shares changed hands during trading, a decline of 81% from the average daily volume of 18,773,672 shares. The stock had previously closed at $60.14.

Analyst Ratings Changes

A number of analysts recently weighed in on WMT shares. StockNews.com raised shares of Walmart from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, February 21st. Stifel Europe boosted their price objective on shares of Walmart from $56.33 to $58.33 in a report on Friday, February 16th. Evercore ISI cut their price objective on shares of Walmart from $67.00 to $66.00 and set an "outperform" rating on the stock in a report on Tuesday, April 16th. Telsey Advisory Group reiterated an "outperform" rating and issued a $68.00 price objective on shares of Walmart in a report on Wednesday, March 27th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Walmart from $62.00 to $63.33 and gave the stock a "buy" rating in a report on Friday, February 16th. Four analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $61.75.

Walmart Trading Down 1.8 %

The company has a current ratio of 0.83, a quick ratio of 0.24 and a debt-to-equity ratio of 0.46. The stock has a market cap of $476.07 billion, a P/E ratio of 30.88, a PEG ratio of 3.89 and a beta of 0.49. The firm's 50-day simple moving average is $59.69 and its 200 day simple moving average is $55.64.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Tuesday, February 20th. The retailer reported $0.60 EPS for the quarter, topping the consensus estimate of $0.55 by $0.05. Walmart had a net margin of 2.39% and a return on equity of 21.08%. The firm had revenue of $173.40 billion during the quarter, compared to analysts' expectations of $170.85 billion. During the same quarter in the prior year, the firm earned $0.57 EPS. Walmart's quarterly revenue was up 5.7% on a year-over-year basis. As a group, equities research analysts anticipate that Walmart Inc. will post 2.36 earnings per share for the current year.

Walmart Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 6th. Shareholders of record on Friday, December 13th will be given a $0.2075 dividend. This represents a $0.83 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Friday, December 13th. Walmart's dividend payout ratio (DPR) is 43.38%.

Insiders Place Their Bets

In other news, major shareholder Alice L. Walton sold 345,000 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $60.93, for a total value of $21,020,850.00. Following the completion of the transaction, the insider now directly owns 652,044,261 shares in the company, valued at $39,729,056,822.73. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $53.54, for a total value of $1,559,298.96. Following the completion of the transaction, the chief executive officer now directly owns 4,274,475 shares in the company, valued at $228,855,391.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Alice L. Walton sold 345,000 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $60.93, for a total transaction of $21,020,850.00. Following the completion of the transaction, the insider now owns 652,044,261 shares of the company's stock, valued at $39,729,056,822.73. The disclosure for this sale can be found here. In the last 90 days, insiders sold 29,032,265 shares of company stock worth $1,696,559,224. Insiders own 46.51% of the company's stock.

Institutional Trading of Walmart

Large investors have recently added to or reduced their stakes in the business. Authentikos Wealth Advisory LLC bought a new stake in Walmart during the third quarter worth approximately $25,000. Kozak & Associates Inc. boosted its holdings in Walmart by 1,490.0% during the third quarter. Kozak & Associates Inc. now owns 159 shares of the retailer's stock worth $25,000 after buying an additional 149 shares in the last quarter. Partnership Wealth Management LLC bought a new stake in Walmart during the fourth quarter worth approximately $30,000. Able Wealth Management LLC bought a new stake in Walmart during the fourth quarter worth approximately $30,000. Finally, Vermillion & White Wealth Management Group LLC bought a new stake in Walmart during the fourth quarter worth approximately $32,000. 26.76% of the stock is currently owned by institutional investors.

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.