11,294 Shares in Walmart Inc. (NYSE:WMT) Acquired by Transce3nd LLC

Transce3nd LLC acquired a new stake in shares of Walmart Inc. (NYSE:WMT) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,294 shares of the retailer’s stock, valued at approximately $1,020,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Walmart during the 4th quarter worth $5,737,355,000. Raymond James Financial Inc. acquired a new position in Walmart during the fourth quarter worth about $2,306,627,000. Jennison Associates LLC lifted its holdings in shares of Walmart by 37.1% in the fourth quarter. Jennison Associates LLC now owns 25,339,448 shares of the retailer’s stock worth $2,289,419,000 after acquiring an additional 6,860,189 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Walmart by 14.0% in the 4th quarter. Bank of New York Mellon Corp now owns 32,020,800 shares of the retailer’s stock valued at $2,893,079,000 after purchasing an additional 3,927,173 shares in the last quarter. Finally, APG Asset Management N.V. grew its holdings in shares of Walmart by 1,707.6% during the 4th quarter. APG Asset Management N.V. now owns 3,718,058 shares of the retailer’s stock valued at $324,410,000 after purchasing an additional 3,512,368 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors.

Walmart Price Performance

Shares of NYSE:WMT opened at $93.17 on Friday. Walmart Inc. has a 12 month low of $58.56 and a 12 month high of $105.30. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. The stock has a market cap of $746.93 billion, a P/E ratio of 38.66, a P/E/G ratio of 4.42 and a beta of 0.69. The company has a 50 day moving average of $91.52 and a 200 day moving average of $90.33.

Walmart (NYSE:WMT) last released 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 return on equity of 21.87% and a net margin of 2.85%. As a group, sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be paid a $0.235 dividend. This represents a $0.94 annualized dividend and a yield of 1.01%. The ex-dividend date is Friday, December 12th. Walmart’s dividend payout ratio is currently 39.00%.

Insider Buying and Selling at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction dated Thursday, January 23rd. The stock was 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 owns 3,766,491 shares in the company, valued at approximately $348,852,396.42. The trade was a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 completion of the sale, the executive vice president now directly owns 423,597 shares of the company’s stock, valued at approximately $44,049,852.03. This trade represents a 0.38 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 178,782 shares of company stock worth $16,785,305 over the last ninety days. Insiders own 45.58% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on WMT shares. Mizuho initiated coverage on shares of Walmart in a research note on Friday, April 11th. They issued an “outperform” rating and a $105.00 price objective for the company. Roth Mkm reissued a “buy” rating and set a $108.00 price objective (up previously from $97.00) on shares of Walmart in a report on Friday, February 21st. Citigroup reaffirmed a “positive” rating on shares of Walmart in a report on Thursday, February 20th. The Goldman Sachs Group reissued a “buy” rating on shares of Walmart in a research note on Wednesday, March 26th. Finally, Erste Group Bank downgraded Walmart from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 17th. Three analysts have rated the stock with a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $103.58.

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.