Tobias Financial Advisors Inc. Has $427,000 Stake in Walmart Inc. (NYSE:WMT)

Tobias Financial Advisors Inc. raised its stake in Walmart Inc. (NYSE:WMT) by 3.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,721 shares of the retailer’s stock after purchasing an additional 153 shares during the quarter. Tobias Financial Advisors Inc.’s holdings in Walmart were worth $427,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Principal Financial Group Inc. boosted its stake in shares of Walmart by 14.9% in the 3rd quarter. Principal Financial Group Inc. now owns 6,235,504 shares of the retailer’s stock worth $503,517,000 after buying an additional 809,352 shares during the last quarter. Virtu Financial LLC purchased a new position in Walmart in the third quarter worth $541,000. SOA Wealth Advisors LLC. grew its stake in Walmart by 4.2% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 9,052 shares of the retailer’s stock valued at $731,000 after purchasing an additional 364 shares during the period. Aldebaran Financial Inc. increased its position in shares of Walmart by 10.9% during the 3rd quarter. Aldebaran Financial Inc. now owns 22,250 shares of the retailer’s stock valued at $1,797,000 after purchasing an additional 2,191 shares during the last quarter. Finally, Tudor Financial Inc. bought a new stake in shares of Walmart during the 3rd quarter worth $504,000. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling

In other Walmart news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $88.66, for a total value of $195,052.00. Following the completion of the sale, the executive vice president now owns 398,024 shares in the company, valued at approximately $35,288,807.84. This trade represents a 0.55 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $92.62, for a total value of $2,697,464.88. Following the transaction, the chief executive officer now directly owns 3,766,491 shares in the company, valued at $348,852,396.42. This trade represents a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 177,022 shares of company stock valued at $16,618,422 over the last ninety days. 45.58% of the stock is owned by insiders.

Walmart Price Performance

Shares of Walmart stock opened at $91.20 on Thursday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. Walmart Inc. has a one year low of $58.56 and a one year high of $105.30. The business’s 50 day simple moving average is $91.90 and its two-hundred day simple moving average is $90.09. The stock has a market capitalization of $731.14 billion, a P/E ratio of 37.84, a price-to-earnings-growth ratio of 4.42 and a beta of 0.69.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, topping the consensus estimate of $0.64 by $0.02. The company had revenue of $180.55 billion for the quarter, compared to the consensus estimate of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. Analysts forecast that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be issued a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.03%. Walmart’s dividend payout ratio is currently 39.00%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on WMT. Evercore ISI reduced their price target on shares of Walmart from $107.00 to $100.00 and set an “outperform” rating for the company in a research report on Tuesday, March 11th. Royal Bank of Canada decreased their price target on shares of Walmart from $107.00 to $102.00 and set an “outperform” rating for the company in a research note on Thursday, April 10th. Mizuho began coverage on Walmart in a research note on Friday, April 11th. They issued an “outperform” rating and a $105.00 price objective on the stock. StockNews.com downgraded Walmart from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, DZ Bank raised Walmart from a “hold” rating to a “buy” rating and set a $110.00 price target on the stock in a research report on Tuesday, February 25th. Three investment analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and a consensus price target of $103.58.

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.