1,396 Shares in Walmart Inc. (NYSE:WMT) Bought by Summitry LLC

Summitry LLC purchased a new position in shares of Walmart Inc. (NYSE:WMT – Get Rating) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,396 shares of the retailer’s stock, valued at approximately $202,000.

A number of other large investors also recently made changes to their positions in WMT. Eagle Capital Management LLC grew its position in Walmart by 2.3% during the 2nd quarter. Eagle Capital Management LLC now owns 30,602 shares of the retailer’s stock worth $4,315,000 after purchasing an additional 682 shares during the last quarter. Morgan Stanley boosted its holdings in shares of Walmart by 1.6% in the second quarter. Morgan Stanley now owns 14,109,245 shares of the retailer’s stock valued at $1,989,686,000 after acquiring an additional 225,224 shares in the last quarter. Keudell Morrison Wealth Management boosted its holdings in shares of Walmart by 4.1% in the third quarter. Keudell Morrison Wealth Management now owns 4,596 shares of the retailer’s stock valued at $641,000 after acquiring an additional 183 shares in the last quarter. Center for Financial Planning Inc. boosted its holdings in shares of Walmart by 5.7% in the third quarter. Center for Financial Planning Inc. now owns 2,190 shares of the retailer’s stock valued at $305,000 after acquiring an additional 118 shares in the last quarter. Finally, Banque Pictet & Cie SA boosted its holdings in shares of Walmart by 16.6% in the third quarter. Banque Pictet & Cie SA now owns 1,865 shares of the retailer’s stock valued at $260,000 after acquiring an additional 265 shares in the last quarter. Hedge funds and other institutional investors own 30.79% of the company’s stock.

Several analysts have recently weighed in on the stock. UBS Group set a $180.00 target price on shares of Walmart in a report on Tuesday, February 8th. Royal Bank of Canada assumed coverage on shares of Walmart in a report on Thursday, January 27th. They issued an “outperform” rating and a $160.00 target price on the stock. JPMorgan Chase & Co. set a $157.00 price objective on shares of Walmart in a report on Thursday, February 17th. The Goldman Sachs Group set a $180.00 price objective on shares of Walmart in a report on Friday, February 18th. Finally, Cowen decreased their price objective on shares of Walmart from $175.00 to $165.00 in a report on Monday, February 14th. Seven research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $167.25.

Shares of NYSE:WMT traded up $0.57 during trading on Friday, reaching $148.05. The stock had a trading volume of 6,646,300 shares, compared to its average volume of 6,659,461. The business has a fifty day moving average price of $150.28 and a 200-day moving average price of $144.69. The company has a quick ratio of 0.28, a current ratio of 0.93 and a debt-to-equity ratio of 0.43. The stock has a market cap of $407.55 billion, a P/E ratio of 30.34, a PEG ratio of 3.97 and a beta of 0.49. Walmart Inc. has a fifty-two week low of $132.01 and a fifty-two week high of $160.77.

Walmart (NYSE:WMT – Get Rating) last posted its quarterly earnings data on Thursday, February 17th. The retailer reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.50 by $0.03. The business had revenue of $152.90 billion during the quarter, compared to analyst estimates of $150.20 billion. Walmart had a net margin of 2.39% and a return on equity of 20.42%. The company’s revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.39 earnings per share. As a group, equities analysts forecast that Walmart Inc. will post 6.75 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 3rd. Investors of record on Friday, December 9th will be given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 1.51%. The ex-dividend date is Thursday, December 8th. Walmart’s dividend payout ratio (DPR) is 45.90%.

In related news, CEO C Douglas Mcmillon sold 9,708 shares of the company’s stock in a transaction on Thursday, February 24th. The shares were sold at an average price of $134.78, for a total value of $1,308,444.24. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John R. Furner sold 15,100 shares of the company’s stock in a transaction on Friday, February 18th. The shares were sold at an average price of $138.07, for a total transaction of $2,084,857.00. The disclosure for this sale can be found here. Insiders have sold 1,426,790 shares of company stock valued at $195,406,267 in the last ninety days. 48.44% of the stock is currently owned by company insiders.

Walmart Profile (Get Rating)

Walmart Inc engages in the operation of retail, wholesale, and other units 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; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

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