Murphy & Mullick Capital Management Corp Makes New $463,000 Investment in Walmart Inc. (NYSE:WMT)

Murphy & Mullick Capital Management Corp acquired a new stake in Walmart Inc. (NYSE:WMT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,125 shares of the retailer’s stock, valued at approximately $463,000.

Several other hedge funds and other institutional investors have also made changes to their positions in WMT. Coyle Financial Counsel LLC raised its stake in shares of Walmart by 3.1% during the fourth quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer’s stock valued at $310,000 after purchasing an additional 102 shares during the period. SC&H Financial Advisors Inc. increased its stake in Walmart by 1.0% during the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer’s stock worth $924,000 after buying an additional 103 shares during the period. Blackston Financial Advisory Group LLC lifted its holdings in Walmart by 0.7% in the 4th quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer’s stock worth $1,417,000 after buying an additional 106 shares in the last quarter. Van Strum & Towne Inc. boosted its position in 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 buying an additional 108 shares during the last quarter. Finally, Scarborough Advisors LLC grew its stake in shares of Walmart by 2.0% during the fourth quarter. Scarborough Advisors LLC now owns 5,584 shares of the retailer’s stock valued at $505,000 after acquiring an additional 109 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Down 3.2 %

NYSE WMT opened at $84.69 on Wednesday. The firm’s 50 day moving average price is $95.00 and its two-hundred day moving average price is $89.25. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. Walmart Inc. has a twelve month low of $58.56 and a twelve month high of $105.30. The stock has a market cap of $678.95 billion, a price-to-earnings ratio of 35.14, a PEG ratio of 4.42 and a beta of 0.53.

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

Walmart Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be given a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Friday, December 12th. Walmart’s payout ratio is presently 39.00%.

Analyst Ratings Changes

A number of research analysts recently commented on the company. JPMorgan Chase & Co. increased their price target on Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Citigroup restated a “positive” rating on shares of Walmart in a research note on Thursday, February 20th. Piper Sandler raised their price objective on shares of Walmart from $93.00 to $118.00 and gave the stock an “overweight” rating in a report on Tuesday, February 18th. Truist Financial upped their target price on shares of Walmart from $98.00 to $111.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Finally, Evercore ISI decreased their price target on Walmart from $107.00 to $100.00 and set an “outperform” rating for the company in a research note on Tuesday, March 11th. Two 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’s stock. According to MarketBeat.com, Walmart has an average rating of “Moderate Buy” and a consensus price target of $103.17.

Insider Buying and Selling at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $92.35, for a total value of $2,689,601.40. Following the transaction, the chief executive officer now directly owns 3,785,702 shares of the company’s stock, valued at $349,609,579.70. This represents a 0.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $92.60, for a total value of $1,215,375.00. Following the sale, the executive vice president now owns 566,794 shares of the company’s stock, valued at approximately $52,485,124.40. This represents a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 189,777 shares of company stock worth $18,001,116. 45.58% of the stock is currently owned by company insiders.

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.