Janus Henderson Group PLC raised its stake in Walmart Inc. (NYSE:WMT - Free Report) by 17.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 752,624 shares of the retailer's stock after acquiring an additional 111,513 shares during the period. Janus Henderson Group PLC's holdings in Walmart were worth $68,037,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC grew its position in 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 purchasing an additional 98 shares during the last quarter. Coyle Financial Counsel LLC boosted its holdings in shares of Walmart by 3.1% in the 4th quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer's stock valued at $310,000 after acquiring an additional 102 shares during the last quarter. SC&H Financial Advisors Inc. boosted its holdings in shares of Walmart by 1.0% in the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer's stock valued at $924,000 after acquiring an additional 103 shares during the last quarter. Blackston Financial Advisory Group LLC boosted its holdings in shares of Walmart by 0.7% in the 4th quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer's stock valued at $1,417,000 after acquiring an additional 106 shares during the last quarter. Finally, Van Strum & Towne Inc. boosted its holdings in shares of Walmart by 1.6% in the 4th quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer's stock valued at $619,000 after acquiring an additional 108 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
WMT has been the topic of a number of recent analyst reports. Stifel Nicolaus lowered their price target on shares of Walmart from $93.00 to $91.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. Robert W. Baird increased their target price on shares of Walmart from $100.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday. Erste Group Bank cut shares of Walmart from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 17th. Sanford C. Bernstein restated an "outperform" rating on shares of Walmart in a research report on Monday, May 5th. Finally, 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 research report on Tuesday, February 25th. Two investment analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $104.94.
Read Our Latest Research Report on WMT
Insider Buying and Selling
In other Walmart news, EVP John D. Rainey sold 2,200 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $97.37, for a total transaction of $214,214.00. Following the completion of the transaction, the executive vice president now owns 632,718 shares in the company, valued at $61,607,751.66. The trade was a 0.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $85.63, for a total transaction of $2,493,888.12. Following the sale, the chief executive officer now directly owns 3,972,517 shares of the company's stock, valued at $340,166,630.71. This represents a 0.73% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 133,857 shares of company stock worth $12,444,743. Corporate insiders own 45.58% of the company's stock.
Walmart Stock Up 2.0%
Shares of Walmart stock traded up $1.91 during midday trading on Friday, hitting $98.26. The company had a trading volume of 33,699,272 shares, compared to its average volume of 18,061,793. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. 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. The company has a 50 day moving average of $90.98 and a 200 day moving average of $92.29. Walmart Inc. has a 52-week low of $62.94 and a 52-week high of $105.30.
Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. The business had revenue of $165.61 billion for the quarter, compared to the consensus estimate of $164.53 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. During the same period last year, the business posted $0.60 EPS. On average, equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.
Walmart Announces Dividend
The business also recently declared a dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 12th will be given a $0.235 dividend. The ex-dividend date of this dividend is Friday, May 9th. This represents a yield of 0.95%. Walmart's dividend payout ratio is currently 39.00%.
Walmart Profile
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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.
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