Walmart Inc. (NYSE:WMT) Shares Sold by Rothschild Investment LLC

Rothschild Investment LLC cut its stake in Walmart Inc. (NYSE:WMT) by 0.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 88,850 shares of the retailer’s stock after selling 747 shares during the period. Rothschild Investment LLC’s holdings in Walmart were worth $8,028,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of WMT. Swedbank AB raised its position in Walmart by 0.4% during the 3rd quarter. Swedbank AB now owns 5,345,293 shares of the retailer’s stock worth $431,632,000 after buying an additional 18,644 shares during the last quarter. Cromwell Holdings LLC raised its position in Walmart by 1.3% during the 3rd quarter. Cromwell Holdings LLC now owns 11,819 shares of the retailer’s stock worth $954,000 after buying an additional 155 shares during the last quarter. Burford Brothers Inc. raised its position in Walmart by 3.5% during the 3rd quarter. Burford Brothers Inc. now owns 24,300 shares of the retailer’s stock worth $1,962,000 after buying an additional 815 shares during the last quarter. Highland Capital Management LLC raised its position in Walmart by 7.5% during the 3rd quarter. Highland Capital Management LLC now owns 28,519 shares of the retailer’s stock worth $2,303,000 after buying an additional 2,000 shares during the last quarter. Finally, CWC Advisors LLC. purchased a new position in Walmart during the 3rd quarter worth approximately $642,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on WMT shares. Roth Mkm reissued a “buy” rating and set a $108.00 price target (up from $97.00) on shares of Walmart in a research report on Friday. Telsey Advisory Group reissued an “outperform” rating and set a $115.00 price target on shares of Walmart in a research report on Friday. Robert W. Baird raised their price target on shares of Walmart from $100.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 18th. Evercore ISI lifted their target price on shares of Walmart from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. Finally, Sanford C. Bernstein lifted their target price on shares of Walmart from $98.00 to $102.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Two investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and an average target price of $102.43.

Insider Activity

In related news, EVP Daniel J. Bartlett sold 1,600 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total value of $166,384.00. Following the sale, the executive vice president now directly owns 423,597 shares in the company, valued at approximately $44,049,852.03. The trade was a 0.38 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $91.44, for a total transaction of $2,663,098.56. Following the completion of the sale, the chief executive officer now owns 3,814,805 shares in the company, valued at approximately $348,825,769.20. This trade represents a 0.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 176,777 shares of company stock valued at $16,570,112. 45.58% of the stock is currently owned by insiders.

Walmart Trading Down 2.6 %

Shares of WMT opened at $94.70 on Monday. Walmart Inc. has a 52-week low of $57.77 and a 52-week high of $105.30. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The firm’s fifty day moving average is $95.63 and its two-hundred day moving average is $86.71. The stock has a market cap of $760.77 billion, a PE ratio of 39.30, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55.

Walmart (NYSE:WMT) last announced 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. The firm had revenue of $180.55 billion for the quarter, compared to analysts’ expectations of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. Research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be given a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 annualized dividend and a dividend yield of 0.99%. Walmart’s payout ratio is 34.44%.

About Walmart

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.