Pathstone Holdings LLC Decreases Holdings in Walmart Inc. (NYSE:WMT)

Pathstone Holdings LLC reduced its stake in Walmart Inc. (NYSE:WMT - Free Report) by 2.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 491,656 shares of the retailer's stock after selling 12,009 shares during the quarter. Pathstone Holdings LLC's holdings in Walmart were worth $44,428,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in WMT. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Walmart by 1.7% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 5,937 shares of the retailer's stock worth $538,000 after buying an additional 98 shares during the period. Coyle Financial Counsel LLC boosted its holdings in shares of Walmart by 3.1% during the 4th quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer's stock worth $310,000 after buying an additional 102 shares during the period. SC&H Financial Advisors Inc. boosted its holdings in shares of Walmart by 1.0% during the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer's stock worth $924,000 after buying an additional 103 shares during the period. Blackston Financial Advisory Group LLC boosted its holdings in shares of Walmart by 0.7% during the 4th quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer's stock worth $1,417,000 after buying an additional 106 shares during the period. Finally, Van Strum & Towne Inc. boosted its holdings in shares of Walmart by 1.6% during the 4th quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer's stock worth $619,000 after buying an additional 108 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $96.95, for a total value of $2,823,571.80. Following the completion of the sale, the chief executive officer now owns 3,558,247 shares in the company, valued at $344,972,046.65. This represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Christopher James Nicholas sold 17,600 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $94.42, for a total transaction of $1,661,792.00. Following the completion of the sale, the executive vice president now owns 348,357 shares of the company's stock, valued at approximately $32,891,867.94. This represents a 4.81% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 133,857 shares of company stock valued at $12,444,743. Corporate insiders own 45.58% of the company's stock.

Walmart Stock Up 2.0%

NYSE WMT traded up $1.91 on Friday, hitting $98.26. 33,699,272 shares of the company were exchanged, compared to its average volume of 17,891,939. The company has a market cap of $786.18 billion, a PE ratio of 40.77, a PEG ratio of 4.42 and a beta of 0.70. Walmart Inc. has a 12 month low of $63.63 and a 12 month high of $105.30. The stock has a fifty day moving average of $90.98 and a 200-day moving average of $92.29. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40.

Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, May 15th. The retailer reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.03. The business 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%. During the same period in the prior year, the firm earned $0.60 earnings per share. As a group, analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th will be paid 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%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Sanford C. Bernstein reissued an "outperform" rating on shares of Walmart in a report on Monday, May 5th. Citigroup reaffirmed a "buy" rating on shares of Walmart in a report on Tuesday, May 6th. StockNews.com raised shares of Walmart from a "hold" rating to a "buy" rating in a report on Monday. Barclays reaffirmed an "overweight" rating on shares of Walmart in a report on Friday, February 28th. Finally, Mizuho began coverage on shares of Walmart in a report on Friday, April 11th. They set an "outperform" rating and a $105.00 price target for the company. Two analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $104.94.

About Walmart

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.