L & S Advisors Inc lessened its position in shares of Walmart Inc (NYSE:WMT) by 12.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,478 shares of the retailer’s stock after selling 1,656 shares during the period. L & S Advisors Inc’s holdings in Walmart were worth $1,069,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in Walmart by 0.9% during the third quarter. Vanguard Group Inc. now owns 125,244,695 shares of the retailer’s stock worth $11,761,729,000 after buying an additional 1,110,593 shares during the last quarter. Vanguard Group Inc increased its stake in Walmart by 0.9% in the third quarter. Vanguard Group Inc now owns 125,244,695 shares of the retailer’s stock valued at $11,761,729,000 after purchasing an additional 1,110,593 shares in the last quarter. Geode Capital Management LLC increased its stake in Walmart by 9.2% in the fourth quarter. Geode Capital Management LLC now owns 18,148,619 shares of the retailer’s stock valued at $1,687,500,000 after purchasing an additional 1,532,362 shares in the last quarter. Northern Trust Corp increased its stake in Walmart by 1.8% in the fourth quarter. Northern Trust Corp now owns 17,598,778 shares of the retailer’s stock valued at $1,639,326,000 after purchasing an additional 310,609 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its stake in Walmart by 2,899.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 14,543,323 shares of the retailer’s stock valued at $156,000 after purchasing an additional 14,058,442 shares in the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

In related news, Director S Robson Walton sold 1,139,696 shares of the business’s stock in a transaction dated Wednesday, February 20th. The shares were sold at an average price of $99.72, for a total transaction of $113,650,485.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider David Chojnowski sold 2,000 shares of the business’s stock in a transaction dated Friday, March 29th. The stock was sold at an average price of $97.17, for a total transaction of $194,340.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 14,240,978 shares of company stock worth $1,406,078,670. 51.11% of the stock is owned by corporate insiders.

Several research firms have weighed in on WMT. DZ Bank reaffirmed a “neutral” rating on shares of Walmart in a research note on Tuesday, February 19th. Guggenheim reaffirmed a “buy” rating and issued a $115.00 price target on shares of Walmart in a research note on Tuesday, February 19th. Barclays reaffirmed a “buy” rating and issued a $113.00 price target on shares of Walmart in a research note on Wednesday, February 20th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $108.00 price target on shares of Walmart in a research note on Wednesday, February 20th. Finally, KeyCorp lifted their price target on shares of Walmart from $112.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, February 20th. One equities research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and seventeen have given a buy rating to the company’s stock. Walmart currently has an average rating of “Hold” and an average price target of $105.82.

NYSE:WMT opened at $102.43 on Tuesday. The company has a quick ratio of 0.23, a current ratio of 0.80 and a debt-to-equity ratio of 0.63. The stock has a market cap of $304.18 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 4.64 and a beta of 0.34. Walmart Inc has a one year low of $81.78 and a one year high of $106.21.

Walmart (NYSE:WMT) last posted its earnings results on Tuesday, February 19th. The retailer reported $1.41 EPS for the quarter, topping the consensus estimate of $1.33 by $0.08. Walmart had a net margin of 1.30% and a return on equity of 18.60%. The company had revenue of $137.74 billion during the quarter, compared to the consensus estimate of $137.63 billion. During the same period in the previous year, the firm posted $1.33 earnings per share. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis. On average, equities analysts predict that Walmart Inc will post 4.75 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, May 10th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend is Thursday, May 9th. Walmart’s dividend payout ratio (DPR) is presently 43.18%.

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Walmart Profile

Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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