Walmart Inc. (NYSE:WMT) Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC trimmed its stake in shares of Walmart Inc. (NYSE:WMT) by 3.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,520 shares of the retailer’s stock after selling 807 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Walmart were worth $3,550,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Authentikos Wealth Advisory LLC acquired a new stake in Walmart in the third quarter valued at approximately $25,000. Signature Resources Capital Management LLC purchased a new position in shares of Walmart in the fourth quarter valued at approximately $35,000. Kepos Capital LP purchased a new position in shares of Walmart in the third quarter valued at approximately $40,000. Milestone Investment Advisors LLC purchased a new position in shares of Walmart in the third quarter valued at approximately $41,000. Finally, Fortitude Family Office LLC purchased a new position in shares of Walmart in the fourth quarter valued at approximately $45,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, major shareholder Alice L. Walton sold 345,000 shares of the business’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $60.93, for a total transaction of $21,020,850.00. Following the completion of the transaction, the insider now directly owns 652,044,261 shares of the company’s stock, valued at approximately $39,729,056,822.73. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, major shareholder Alice L. Walton sold 345,000 shares of the company’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $60.93, for a total transaction of $21,020,850.00. Following the completion of the transaction, the insider now directly owns 652,044,261 shares of the company’s stock, valued at approximately $39,729,056,822.73. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $57.93, for a total value of $1,687,250.40. Following the transaction, the chief executive officer now directly owns 4,076,892 shares of the company’s stock, valued at $236,187,943.20. The disclosure for this sale can be found here. Insiders sold 29,019,140 shares of company stock valued at $1,696,045,631 in the last three months. 46.51% of the stock is owned by corporate insiders.

Walmart Trading Up 0.1 %

Shares of NYSE WMT traded up $0.05 during trading on Monday, reaching $59.87. The stock had a trading volume of 11,117,684 shares, compared to its average volume of 18,516,809. Walmart Inc. has a fifty-two week low of $48.34 and a fifty-two week high of $61.65. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.24 and a current ratio of 0.83. The business’s 50-day moving average price is $60.06 and its 200-day moving average price is $56.06. The company has a market cap of $482.44 billion, a P/E ratio of 31.29, a PEG ratio of 3.91 and a beta of 0.49.

Walmart (NYSE:WMT) last released its earnings results on Tuesday, February 20th. The retailer reported $0.60 EPS for the quarter, topping the consensus estimate of $0.55 by $0.05. Walmart had a return on equity of 21.08% and a net margin of 2.39%. The firm had revenue of $173.40 billion during the quarter, compared to analysts’ expectations of $170.85 billion. During the same period in the previous year, the firm posted $0.57 EPS. Walmart’s revenue for the quarter was up 5.7% on a year-over-year basis. On average, equities research analysts predict that Walmart Inc. will post 2.36 EPS for the current fiscal year.

Walmart Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Friday, December 13th will be paid a dividend of $0.2075 per share. The ex-dividend date is Friday, December 13th. This represents a $0.83 annualized dividend and a yield of 1.39%. Walmart’s payout ratio is 43.38%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Stifel Nicolaus restated a “hold” rating on shares of Walmart in a research report on Wednesday, March 13th. Oppenheimer decreased their target price on Walmart to $67.00 and set an “outperform” rating on the stock in a research report on Monday, February 26th. Stifel Europe lifted their price objective on Walmart from $56.33 to $58.33 in a research report on Friday, February 16th. Tigress Financial lifted their price objective on Walmart from $65.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday, March 13th. Finally, Evercore ISI reduced their price objective on Walmart from $67.00 to $66.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 16th. Four analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $61.75.

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.