Disciplined Investments LLC Sells 3,478 Shares of Walmart Inc. (NYSE:WMT)

Disciplined Investments LLC lessened its holdings in Walmart Inc. (NYSE:WMT) by 14.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,950 shares of the retailer’s stock after selling 3,478 shares during the quarter. Disciplined Investments LLC’s holdings in Walmart were worth $1,802,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Mainstream Capital Management LLC raised its position in shares of Walmart by 1.1% in the 4th quarter. Mainstream Capital Management LLC now owns 10,871 shares of the retailer’s stock valued at $982,000 after acquiring an additional 113 shares during the period. SWS Partners raised its position in shares of Walmart by 1.6% in the 4th quarter. SWS Partners now owns 24,604 shares of the retailer’s stock valued at $2,228,000 after acquiring an additional 378 shares during the period. Ring Mountain Capital LLC acquired a new stake in shares of Walmart in the 4th quarter valued at approximately $288,000. Exencial Wealth Advisors LLC raised its position in shares of Walmart by 24.6% in the 4th quarter. Exencial Wealth Advisors LLC now owns 27,194 shares of the retailer’s stock valued at $2,457,000 after acquiring an additional 5,369 shares during the period. Finally, Commerzbank Aktiengesellschaft FI raised its position in shares of Walmart by 6.2% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 60,872 shares of the retailer’s stock valued at $5,500,000 after acquiring an additional 3,569 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $92.35, for a total value of $2,689,601.40. Following the completion of the transaction, the chief executive officer now owns 3,785,702 shares of the company’s stock, valued at approximately $349,609,579.70. This represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 38,000 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the completion of the transaction, the executive vice president now directly owns 257,281 shares of the company’s stock, valued at $25,419,362.80. This trade represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 185,777 shares of company stock valued at $17,657,316 over the last quarter. 45.58% of the stock is owned by company insiders.

Walmart Price Performance

NYSE:WMT opened at $97.49 on Tuesday. Walmart Inc. has a one year low of $58.40 and a one year high of $105.30. The company has a market cap of $783.17 billion, a P/E ratio of 40.45, a P/E/G ratio of 4.42 and a beta of 0.55. The firm’s fifty day moving average price is $96.04 and its two-hundred day moving average price is $87.88. 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 results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating the consensus estimate of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The business had revenue of $180.55 billion for the quarter, compared to the consensus estimate of $178.83 billion. Equities analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be paid a $0.235 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 annualized dividend and a dividend yield of 0.96%. Walmart’s dividend payout ratio (DPR) is presently 39.00%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Roth Mkm reiterated a “buy” rating and issued a $108.00 price target (up from $97.00) on shares of Walmart in a research report on Friday, February 21st. BMO Capital Markets lifted their price target on shares of Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Barclays reaffirmed an “overweight” rating on shares of Walmart in a research note on Friday. Robert W. Baird lifted their price target on shares of Walmart from $100.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, February 18th. Finally, Citigroup reaffirmed a “positive” rating on shares of Walmart in a research note on Thursday, February 20th. One investment analyst has rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $103.07.

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.