Toronto Dominion Bank Has $184.67 Million Position in Walmart Inc. (NYSE:WMT)

Toronto Dominion Bank reduced its position in shares of Walmart Inc. (NYSE:WMT - Free Report) by 12.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,043,928 shares of the retailer's stock after selling 293,435 shares during the quarter. Toronto Dominion Bank's holdings in Walmart were worth $184,669,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Walmart by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer's stock valued at $38,194,278,000 after purchasing an additional 2,050,683 shares during the period. Geode Capital Management LLC raised its stake in Walmart by 3.4% during the 4th quarter. Geode Capital Management LLC now owns 90,635,238 shares of the retailer's stock valued at $8,167,186,000 after purchasing an additional 3,017,829 shares during the period. Norges Bank acquired a new position in shares of Walmart in the fourth quarter worth $5,737,355,000. Fisher Asset Management LLC increased its stake in shares of Walmart by 2.4% in the fourth quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock worth $4,408,452,000 after acquiring an additional 1,133,201 shares during the last quarter. Finally, Northern Trust Corp increased its stake in shares of Walmart by 8.9% in the fourth quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer's stock worth $3,943,049,000 after acquiring an additional 3,550,037 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Trading Up 2.0%

WMT opened at $98.26 on Friday. 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 12 month low of $63.63 and a 12 month high of $105.30. The firm's fifty day simple moving average is $91.19 and its 200 day simple moving average is $92.40. 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 posted its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The business had revenue of $165.61 billion for the quarter, compared to analysts' expectations of $164.53 billion. During the same period in the previous year, the firm posted $0.60 EPS. As a group, research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Friday, May 9th. This represents a yield of 0.95%. Walmart's dividend payout ratio (DPR) is presently 39.00%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on WMT shares. StockNews.com raised shares of Walmart from a "hold" rating to a "buy" rating in a research note on Monday, May 12th. DZ Bank upgraded shares of Walmart from a "hold" rating to a "buy" rating and set a $110.00 price objective for the company in a report on Tuesday, February 25th. Stifel Nicolaus decreased their price objective on shares of Walmart from $93.00 to $91.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. KeyCorp upped their price objective on shares of Walmart from $100.00 to $105.00 and gave the stock an "overweight" rating in a report on Friday, February 21st. Finally, Raymond James decreased their price objective on shares of Walmart from $115.00 to $105.00 and set an "outperform" rating for the company in a report on Friday, April 11th. Two investment analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $104.94.

Insiders Place Their Bets

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the business'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 directly owns 3,558,247 shares of the company's stock, valued at $344,972,046.65. The trade was a 0.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Kathryn J. Mclay sold 4,000 shares of the business'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 sale, 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 disclosure for this sale can be found here. Insiders have sold 133,857 shares of company stock valued at $12,444,743 in the last three months. 45.58% of the stock is currently owned by corporate insiders.

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.

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