Walmart Inc. (NYSE:WMT) Shares Acquired by Choreo LLC

Choreo LLC raised its position in shares of Walmart Inc. (NYSE:WMT) by 22.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 20,244 shares of the retailer’s stock after purchasing an additional 3,702 shares during the quarter. Choreo LLC’s holdings in Walmart were worth $3,203,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Authentikos Wealth Advisory LLC acquired a new stake in Walmart during the third quarter valued at approximately $25,000. Kepos Capital LP acquired a new stake in shares of Walmart during the 3rd quarter worth approximately $40,000. Milestone Investment Advisors LLC acquired a new stake in shares of Walmart during the 3rd quarter worth approximately $41,000. Fortitude Family Office LLC acquired a new stake in shares of Walmart during the 4th quarter worth approximately $45,000. Finally, Orion Capital Management LLC acquired a new stake in shares of Walmart during the 3rd quarter worth approximately $50,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Telsey Advisory Group reiterated an “outperform” rating and set a $68.00 price target on shares of Walmart in a research report on Wednesday, March 27th. Morgan Stanley dropped their price target on Walmart to $66.67 and set an “overweight” rating on the stock in a research report on Monday, February 26th. Evercore ISI dropped their price target on Walmart from $67.00 to $66.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 16th. Stifel Nicolaus reiterated a “hold” rating on shares of Walmart in a research report on Wednesday, March 13th. Finally, Tigress Financial increased their price target on Walmart from $65.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday, March 13th. Four analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Walmart currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.75.

Insider Transactions at Walmart

In other news, Director S Robson Walton sold 14,685,327 shares of the firm’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $58.61, for a total transaction of $860,755,966.56. Following the completion of the sale, the director now directly owns 656,397,261 shares of the company’s stock, valued at approximately $38,473,631,458.08. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, major shareholder Jim C. Walton sold 2,000 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $58.78, for a total value of $117,560.00. Following the completion of the sale, the insider now owns 656,395,261 shares in the company, valued at $38,582,913,441.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director S Robson Walton sold 14,685,327 shares of the stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $58.61, for a total value of $860,755,966.56. Following the completion of the sale, the director now owns 656,397,261 shares of the company’s stock, valued at approximately $38,473,631,458.08. The disclosure for this sale can be found here. Insiders sold a total of 29,019,140 shares of company stock valued at $1,696,035,551 in the last three months. 46.51% of the stock is currently owned by corporate insiders.

Walmart Stock Performance

Shares of NYSE WMT opened at $60.24 on Tuesday. The stock has a fifty day moving average price of $59.98 and a two-hundred day moving average price of $55.86. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.24 and a current ratio of 0.83. The firm has a market cap of $485.52 billion, a P/E ratio of 31.48, a PEG ratio of 3.93 and a beta of 0.49. Walmart Inc. has a 1 year low of $48.34 and a 1 year high of $61.65.

Walmart (NYSE:WMT) last released its quarterly earnings data on Tuesday, February 20th. The retailer reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.05. The business had revenue of $173.40 billion during the quarter, compared to analyst estimates of $170.85 billion. Walmart had a return on equity of 21.08% and a net margin of 2.39%. The company’s revenue was up 5.7% compared to the same quarter last year. During the same period last year, the company posted $0.57 EPS. Research analysts forecast that Walmart Inc. will post 2.36 EPS for the current fiscal year.

Walmart Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.2075 per share. This represents a $0.83 annualized dividend and a dividend yield of 1.38%. The ex-dividend date is Friday, December 13th. Walmart’s dividend payout ratio is presently 43.38%.

Walmart Company 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.