Edge Advisors LLC lessened its holdings in shares of Walmart Inc (NYSE:WMT) by 36.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,406 shares of the retailer’s stock after selling 1,942 shares during the quarter. Edge Advisors LLC’s holdings in Walmart were worth $334,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Roberts Glore & Co. Inc. IL raised its holdings in Walmart by 0.5% in the second quarter. Roberts Glore & Co. Inc. IL now owns 11,983 shares of the retailer’s stock valued at $907,000 after acquiring an additional 55 shares in the last quarter. Security National Bank of SO Dak raised its holdings in Walmart by 0.7% in the second quarter. Security National Bank of SO Dak now owns 15,405 shares of the retailer’s stock valued at $1,166,000 after acquiring an additional 100 shares in the last quarter. Miles Capital Inc. raised its holdings in Walmart by 3.1% in the second quarter. Miles Capital Inc. now owns 3,557 shares of the retailer’s stock valued at $269,000 after acquiring an additional 106 shares in the last quarter. Williams Jones & Associates LLC raised its holdings in Walmart by 0.7% in the second quarter. Williams Jones & Associates LLC now owns 28,370 shares of the retailer’s stock valued at $2,147,000 after acquiring an additional 200 shares in the last quarter. Finally, Quadrant Capital Group LLC raised its holdings in Walmart by 6.4% in the second quarter. Quadrant Capital Group LLC now owns 3,892 shares of the retailer’s stock valued at $252,000 after acquiring an additional 235 shares in the last quarter. 30.00% of the stock is currently owned by institutional investors and hedge funds.

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Shares of WMT opened at $86.84 on Tuesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.20 and a current ratio of 0.76. The company has a market cap of $254,824.09, a PE ratio of 19.65, a price-to-earnings-growth ratio of 3.13 and a beta of 0.54. Walmart Inc has a 12-month low of $73.13 and a 12-month high of $109.98.

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

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 2nd. Investors of record on Friday, December 7th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.40%. The ex-dividend date of this dividend is Thursday, December 6th. Walmart’s dividend payout ratio is presently 47.06%.

Several analysts recently weighed in on the stock. Goldman Sachs set a $99.00 target price on shares of Walmart and gave the company a “buy” rating in a report on Monday. Wells Fargo set a $101.00 target price on shares of Walmart and gave the company a “neutral” rating in a report on Tuesday, January 2nd. Stifel Nicolaus reaffirmed a “hold” rating and issued a $99.00 target price (down previously from $104.00) on shares of Walmart in a report on Wednesday, February 21st. JPMorgan Chase reiterated a “neutral” rating and issued a $98.00 price target (down from $103.00) on shares of Walmart in a research note on Wednesday, February 21st. Finally, Zacks Investment Research lowered shares of Walmart from a “buy” rating to a “hold” rating in a research note on Tuesday, February 13th. Twenty equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. Walmart presently has an average rating of “Hold” and a consensus target price of $101.77.

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Walmart Company 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.

Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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