Walmart Inc. (NYSE:WMT) Shares Acquired by Foster Dykema Cabot & Partners LLC

Foster Dykema Cabot & Partners LLC increased its stake in shares of Walmart Inc. (NYSE:WMT) by 22.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 15,768 shares of the retailer’s stock after purchasing an additional 2,860 shares during the quarter. Foster Dykema Cabot & Partners LLC’s holdings in Walmart were worth $1,428,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WMT. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of Walmart by 1.7% in 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 increased its position in Walmart by 3.1% in the fourth quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer’s stock worth $310,000 after buying an additional 102 shares during the period. SC&H Financial Advisors Inc. lifted its stake in Walmart by 1.0% in the fourth quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer’s stock valued at $924,000 after buying an additional 103 shares during the last quarter. Blackston Financial Advisory Group LLC boosted its holdings in shares of Walmart by 0.7% during the fourth 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 period. Finally, Van Strum & Towne Inc. grew its position in shares of Walmart by 1.6% during the fourth quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer’s stock worth $619,000 after acquiring an additional 108 shares during the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors.

Walmart Trading Down 2.9 %

Shares of WMT opened at $91.20 on Thursday. The business’s 50-day moving average price is $91.90 and its 200 day moving average price is $90.09. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $731.14 billion, a P/E ratio of 37.84, a P/E/G ratio of 4.42 and a beta of 0.69. Walmart Inc. has a 1-year low of $58.56 and a 1-year high of $105.30.

Walmart (NYSE:WMT) last released its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.02. The business had revenue of $180.55 billion for the quarter, compared to the consensus estimate of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. Analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be issued a $0.235 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.03%. Walmart’s payout ratio is currently 39.00%.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $92.62, for a total transaction of $2,697,464.88. Following the transaction, the chief executive officer now owns 3,766,491 shares in the company, valued at approximately $348,852,396.42. This trade represents a 0.77 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $92.96, for a total value of $1,220,100.00. Following the sale, the executive vice president now directly owns 568,626 shares of the company’s stock, valued at $52,859,472.96. The trade was a 2.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 177,022 shares of company stock valued at $16,618,422 over the last quarter. Company insiders own 45.58% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on WMT shares. Telsey Advisory Group reiterated an “outperform” rating and issued a $115.00 price objective on shares of Walmart in a research report on Thursday, April 10th. Robert W. Baird boosted their price objective on Walmart from $100.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 18th. KeyCorp increased their price objective on Walmart from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Friday, February 21st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Walmart in a research note on Wednesday, March 26th. Finally, Roth Mkm reissued a “buy” rating and issued a $108.00 price target (up previously from $97.00) on shares of Walmart in a research note on Friday, February 21st. Three research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and an average target price of $103.58.

Walmart 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.