C M Bidwell & Associates Ltd. purchased a new position in Walmart Inc (NYSE:WMT) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 2,535 shares of the retailer’s stock, valued at approximately $250,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. SeaCrest Wealth Management LLC bought a new stake in Walmart in the fourth quarter worth $1,074,000. Hemenway Trust Co LLC lifted its position in shares of Walmart by 33.0% during the fourth quarter. Hemenway Trust Co LLC now owns 3,720 shares of the retailer’s stock worth $367,000 after purchasing an additional 923 shares during the last quarter. Global Trust Asset Management LLC bought a new stake in shares of Walmart during the fourth quarter worth $719,000. Aperio Group LLC lifted its position in shares of Walmart by 1.5% during the fourth quarter. Aperio Group LLC now owns 1,876,803 shares of the retailer’s stock worth $185,334,000 after purchasing an additional 27,933 shares during the last quarter. Finally, Telemus Capital LLC lifted its position in shares of Walmart by 407.4% during the fourth quarter. Telemus Capital LLC now owns 18,911 shares of the retailer’s stock worth $1,867,000 after purchasing an additional 15,184 shares during the last quarter. Institutional investors own 30.03% of the company’s stock.

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Walmart Inc (WMT) opened at $87.67 on Thursday. Walmart Inc has a 52 week low of $69.33 and a 52 week high of $109.98. The company has a quick ratio of 0.20, a current ratio of 0.76 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $259,710.00, a PE ratio of 27.40, a price-to-earnings-growth ratio of 3.11 and a beta of 0.57.

Walmart (NYSE:WMT) last posted its earnings results on Tuesday, February 20th. The retailer reported $1.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.37 by ($0.04). Walmart had a net margin of 1.97% and a return on equity of 16.85%. The company had revenue of $135.15 billion during the quarter, compared to analysts’ expectations of $133.63 billion. During the same quarter last year, the firm earned $1.30 EPS. Walmart’s revenue for the quarter was up 4.2% on a year-over-year basis. equities research analysts expect that Walmart Inc will post 4.92 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 2nd. Shareholders of record on Friday, December 7th will be paid a $0.52 dividend. The ex-dividend date is Thursday, December 6th. This represents a $2.08 annualized dividend and a yield of 2.37%. Walmart’s dividend payout ratio (DPR) is presently 65.00%.

Several analysts have recently weighed in on the company. Barclays lifted their target price on Walmart to $120.00 and gave the stock an “overweight” rating in a research report on Friday, January 26th. Vetr upgraded Walmart from a “hold” rating to a “buy” rating and set a $110.28 target price for the company in a research report on Thursday, February 1st. ValuEngine upgraded Walmart from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Walmart in a research report on Tuesday, January 23rd. Finally, Zacks Investment Research downgraded Walmart from a “buy” rating to a “hold” rating in a research report on Sunday, January 21st. Nineteen analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. Walmart presently has a consensus rating of “Buy” and an average target price of $102.40.

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Walmart Profile

Walmart Inc, formerly Wal-Mart Stores, Inc, is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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