OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Walmart Inc. (NYSE:WMT - Free Report) by 25.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,000 shares of the retailer's stock after acquiring an additional 5,000 shares during the quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC's holdings in Walmart were worth $2,259,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in WMT. FPC Investment Advisory Inc. purchased a new position in shares of Walmart in the 4th quarter worth about $25,000. Horizon Financial Services LLC lifted its holdings in Walmart by 1,007.7% during the fourth quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock valued at $26,000 after purchasing an additional 262 shares during the last quarter. Fiduciary Advisors Inc. purchased a new stake in Walmart during the fourth quarter valued at about $27,000. Decker Retirement Planning Inc. purchased a new stake in Walmart during the fourth quarter valued at about $32,000. Finally, Noble Wealth Management PBC purchased a new stake in Walmart during the fourth quarter valued at about $37,000. Institutional investors own 26.76% of the company's stock.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the company. Morgan Stanley reiterated an "overweight" rating and set a $115.00 price target (up from $106.00) on shares of Walmart in a research report on Thursday, February 13th. Roth Mkm reiterated a "buy" rating and set a $108.00 price target (up from $97.00) on shares of Walmart in a research report on Friday, February 21st. Oppenheimer upped their price target on Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. KeyCorp upped their price target on Walmart from $100.00 to $105.00 and gave the company an "overweight" rating in a research report on Friday, February 21st. Finally, Evercore ISI decreased their price target on Walmart from $107.00 to $100.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 11th. Two analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $103.94.
Read Our Latest Report on Walmart
Walmart Stock Performance
Shares of WMT stock opened at $96.75 on Tuesday. The stock has a fifty day moving average of $90.68 and a 200 day moving average of $92.14. Walmart Inc. has a 52 week low of $59.44 and a 52 week high of $105.30. The firm has a market capitalization of $774.09 billion, a price-to-earnings ratio of 40.15, a PEG ratio of 4.42 and a beta of 0.70. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40.
Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.02. The company had revenue of $180.55 billion during the quarter, compared to analyst estimates of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. As a group, research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.
Walmart Announces Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th will be given a dividend of $0.235 per share. This represents a yield of 0.95%. The ex-dividend date of this dividend is Friday, May 9th. Walmart's dividend payout ratio is currently 39.00%.
Insider Buying and Selling 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 shares were sold at an average price of $85.95, for a total transaction of $343,800.00. Following the completion of the sale, the executive vice president now directly owns 888,309 shares in the company, valued at approximately $76,350,158.55. This trade represents a 0.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $96.95, for a total transaction of $2,823,571.80. Following the sale, the chief executive officer now owns 3,558,247 shares of the company's stock, valued at approximately $344,972,046.65. This represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 133,857 shares of company stock valued at $12,444,743. 45.58% of the stock is currently owned by company insiders.
About Walmart
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding WMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walmart Inc. (NYSE:WMT - Free Report).

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