Mosaic Advisors LLC Invests $445,000 in Walmart Inc. (NYSE:WMT)

Mosaic Advisors LLC purchased a new stake in shares of Walmart Inc. (NYSE:WMT) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,920 shares of the retailer’s stock, valued at approximately $445,000. Walmart comprises approximately 0.5% of Mosaic Advisors LLC’s holdings, making the stock its 11th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. FPC Investment Advisory Inc. bought a new position in Walmart during the fourth quarter valued at $25,000. Fiduciary Advisors Inc. purchased a new position in shares of Walmart during the fourth quarter worth approximately $27,000. Decker Retirement Planning Inc. purchased a new stake in shares of Walmart in the fourth quarter valued at approximately $32,000. Noble Wealth Management PBC purchased a new stake in shares of Walmart in the fourth quarter valued at approximately $37,000. Finally, Legacy Investment Solutions LLC bought a new position in Walmart in the third quarter worth approximately $43,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on WMT shares. Tigress Financial upped their target price on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Jefferies Financial Group raised their target price on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Robert W. Baird lifted their price objective on shares of Walmart from $100.00 to $115.00 and gave the company an “outperform” rating in a report on Tuesday, February 18th. Piper Sandler upped their target price on Walmart from $93.00 to $118.00 and gave the stock an “overweight” rating in a report on Tuesday, February 18th. Finally, Erste Group Bank downgraded Walmart from a “strong-buy” rating to a “hold” rating in a report on Monday, March 17th. Two equities research 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. According to MarketBeat.com, Walmart has an average rating of “Moderate Buy” and an average target price of $103.17.

Walmart Stock Up 1.8 %

NYSE:WMT opened at $87.56 on Tuesday. The firm has a market capitalization of $701.92 billion, a P/E ratio of 36.33, a PEG ratio of 4.42 and a beta of 0.53. The company’s fifty day moving average price is $95.12 and its 200-day moving average price is $89.19. Walmart Inc. has a 1-year low of $58.56 and a 1-year high of $105.30. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The business had revenue of $180.55 billion during the quarter, compared to analyst estimates of $178.83 billion. As a group, equities research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be given a $0.235 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 annualized dividend and a yield of 1.07%. Walmart’s dividend payout ratio is presently 39.00%.

Insider Transactions at Walmart

In other Walmart news, EVP Kathryn J. Mclay sold 4,000 shares of the company’s stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $85.95, for a total value of $343,800.00. Following the completion of the transaction, the executive vice president now owns 888,309 shares in the company, valued at approximately $76,350,158.55. This represents a 0.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Daniel J. Bartlett sold 1,600 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total value of $166,384.00. Following the sale, the executive vice president now owns 423,597 shares in the company, valued at $44,049,852.03. This trade represents a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 189,777 shares of company stock valued at $18,001,116 in the last 90 days. 45.58% of the stock is currently owned by company 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.