Walmart Inc. (NYSE:WMT) Stock Holdings Trimmed by Mmbg Investment Advisors CO.

Mmbg Investment Advisors CO. reduced its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 4.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 159,546 shares of the retailer's stock after selling 8,244 shares during the period. Walmart accounts for about 1.5% of Mmbg Investment Advisors CO.'s portfolio, making the stock its 15th largest holding. Mmbg Investment Advisors CO.'s holdings in Walmart were worth $14,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. acquired a new position in Walmart in the fourth quarter valued at approximately $25,000. Horizon Financial Services LLC lifted its stake 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 valued at $26,000 after purchasing an additional 262 shares during the last quarter. Fiduciary Advisors Inc. purchased a new position in shares of Walmart during the 4th quarter worth $27,000. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart during the 4th quarter worth about $32,000. Finally, Noble Wealth Management PBC purchased a new stake in Walmart in the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 26.76% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on WMT shares. Roth Mkm reaffirmed a "buy" rating and set a $108.00 price objective (up previously from $97.00) on shares of Walmart in a research report on Friday, February 21st. StockNews.com upgraded Walmart from a "hold" rating to a "buy" rating in a research note on Monday. Stifel Nicolaus dropped their price objective on shares of Walmart from $93.00 to $91.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. DZ Bank raised Walmart from a "hold" rating to a "buy" rating and set a $110.00 price objective on the stock in a report on Tuesday, February 25th. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of Walmart in a research report on Monday, May 5th. Two 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. According to data from MarketBeat, Walmart presently has a consensus rating of "Moderate Buy" and an average price target of $103.94.

Walmart Trading Down 0.9%

Shares of NYSE WMT traded down $0.89 during midday trading on Tuesday, reaching $95.86. 19,707,818 shares of the stock were exchanged, compared to its average volume of 17,884,637. Walmart Inc. has a 52-week low of $59.44 and a 52-week high of $105.30. The stock has a 50 day moving average price of $90.70 and a 200-day moving average price of $92.16. The company has a market capitalization of $766.97 billion, a P/E ratio of 39.78, a P/E/G ratio of 4.42 and a beta of 0.70. 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 earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The firm had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. Equities research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 12th will be paid a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a dividend yield of 0.95%. Walmart's dividend payout ratio is currently 39.00%.

Insider Transactions at Walmart

In related news, EVP Daniel J. Bartlett sold 1,600 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total value of $166,384.00. Following the completion of the transaction, the executive vice president now owns 423,597 shares of the company's stock, valued at approximately $44,049,852.03. This represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP John D. Rainey sold 2,200 shares of the firm's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $97.37, for a total value of $214,214.00. Following the sale, the executive vice president now owns 632,718 shares of the company's stock, valued at approximately $61,607,751.66. This trade represents a 0.35% 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 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.