Walmart Inc (WMT) Stake Lifted by Aperio Group LLC
Aperio Group LLC grew its stake in shares of Walmart Inc (NYSE:WMT) by 1.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,876,803 shares of the retailer’s stock after buying an additional 27,933 shares during the period. Walmart comprises 1.0% of Aperio Group LLC’s holdings, making the stock its 8th biggest position. Aperio Group LLC’s holdings in Walmart were worth $185,334,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of WMT. Vanguard Group Inc. raised its stake in Walmart by 0.4% during the 2nd quarter. Vanguard Group Inc. now owns 105,673,654 shares of the retailer’s stock valued at $7,997,381,000 after purchasing an additional 440,343 shares during the period. FMR LLC raised its stake in Walmart by 45.3% during the 2nd quarter. FMR LLC now owns 17,982,372 shares of the retailer’s stock valued at $1,360,906,000 after purchasing an additional 5,608,785 shares during the period. Dimensional Fund Advisors LP raised its stake in Walmart by 1.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 14,804,523 shares of the retailer’s stock valued at $1,156,909,000 after purchasing an additional 224,821 shares during the period. Ameriprise Financial Inc. raised its stake in Walmart by 0.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 8,919,633 shares of the retailer’s stock valued at $696,979,000 after purchasing an additional 45,217 shares during the period. Finally, Fisher Asset Management LLC raised its stake in Walmart by 43.5% during the 4th quarter. Fisher Asset Management LLC now owns 8,706,981 shares of the retailer’s stock valued at $859,814,000 after purchasing an additional 2,637,516 shares during the period. 30.03% of the stock is currently owned by hedge funds and other institutional investors.
Walmart Inc (NYSE WMT) opened at $88.30 on Wednesday. The firm has a market capitalization of $261,580.00, a P/E ratio of 27.59, a PEG ratio of 3.14 and a beta of 0.57. The company has a current ratio of 0.76, a quick ratio of 0.20 and a debt-to-equity ratio of 0.46. Walmart Inc has a 12-month low of $69.33 and a 12-month high of $109.98.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 2nd. Stockholders of record on Friday, December 7th will be given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.36%. The ex-dividend date is Thursday, December 6th. Walmart’s dividend payout ratio is currently 65.00%.
Several analysts recently issued reports on WMT shares. Zacks Investment Research downgraded Walmart from a “buy” rating to a “hold” rating in a research note on Saturday, January 6th. Wells Fargo & Co set a $101.00 target price on Walmart and gave the company a “neutral” rating in a research note on Wednesday, December 27th. Jefferies Group set a $105.00 target price on Walmart and gave the company a “buy” rating in a research note on Tuesday, November 14th. Goldman Sachs Group reissued a “buy” rating and set a $113.00 target price on shares of Walmart in a research note on Friday, February 16th. Finally, Vetr raised Walmart from a “buy” rating to a “strong-buy” rating and set a $110.28 target price on the stock in a research note on Tuesday, February 20th. Nineteen analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $102.40.
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Walmart Inc, formerly Wal-Mart Stores, Inc, is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club.
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