Walmart Inc. (NYSE:WMT) EVP Kathryn J. Mclay Sells 4,000 Shares

Walmart Inc. (NYSE:WMT - Get Free Report) EVP Kathryn J. Mclay sold 4,000 shares of the company's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $95.24, for a total transaction of $380,960.00. Following the completion of the sale, the executive vice president now directly owns 1,060,455 shares of the company's stock, valued at $100,997,734.20. The trade was a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Walmart Price Performance

Shares of WMT traded up $1.76 during midday trading on Monday, hitting $97.88. 20,404,460 shares of the company traded hands, compared to its average volume of 17,945,682. Walmart Inc. has a one year low of $66.55 and a one year high of $105.30. The firm has a market cap of $781.12 billion, a P/E ratio of 41.83, a PEG ratio of 4.69 and a beta of 0.69. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.78 and a quick ratio of 0.22. The stock has a 50-day moving average of $96.39 and a 200-day moving average of $94.14.

Walmart (NYSE:WMT - Get Free Report) last issued 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. The company had revenue of $165.61 billion during the quarter, compared to analysts' expectations of $164.53 billion. Walmart had a net margin of 2.75% and a return on equity of 21.76%. Walmart's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.60 earnings per share. As a group, sell-side analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 12th were given a dividend of $0.235 per share. This represents a yield of 0.95%. The ex-dividend date was Friday, May 9th. Walmart's payout ratio is 40.17%.

Hedge Funds Weigh In On Walmart

Institutional investors have recently added to or reduced their stakes in the business. FPC Investment Advisory Inc. purchased a new stake in Walmart in the fourth quarter valued at approximately $25,000. Horizon Financial Services LLC increased its holdings in shares of Walmart by 1,007.7% in the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer's stock worth $26,000 after buying an additional 262 shares during the last quarter. Operose Advisors LLC raised its position in shares of Walmart by 319.7% during the 1st quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock valued at $28,000 after buying an additional 243 shares in the last quarter. Bear Mountain Capital Inc. lifted its holdings in shares of Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after acquiring an additional 167 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd grew its position in Walmart by 432.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after acquiring an additional 294 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of research analyst reports. Erste Group Bank downgraded Walmart from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 17th. UBS Group dropped their price target on Walmart from $112.00 to $110.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. DZ Bank raised Walmart from a "hold" rating to a "buy" rating and set a $110.00 price objective on the stock in a research report on Tuesday, February 25th. Citigroup reaffirmed a "buy" rating on shares of Walmart in a research report on Tuesday, May 6th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a $103.00 target price (up from $102.00) on shares of Walmart in a research note on Monday, June 9th. Two investment analysts have rated the stock with a hold rating, thirty have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Walmart has a consensus rating of "Moderate Buy" and an average price target of $106.50.

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.

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