Walmart Inc. (NYSE:WMT) EVP Sells $343,800.00 in Stock

Walmart Inc. (NYSE:WMT) EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $85.95, for a total value of $343,800.00. Following the transaction, the executive vice president now owns 888,309 shares in the company, valued at approximately $76,350,158.55. This trade represents a 0.45 % 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.

Walmart Stock Performance

NYSE:WMT opened at $85.78 on Friday. Walmart Inc. has a 1 year low of $58.56 and a 1 year high of $105.30. The firm has a 50 day moving average of $95.34 and a 200-day moving average of $88.89. 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 capitalization of $687.70 billion, a P/E ratio of 35.59, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The firm had revenue of $180.55 billion during the quarter, compared to analysts’ expectations of $178.83 billion. As a group, sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be given a $0.235 dividend. This represents a $0.94 annualized dividend and a yield of 1.10%. The ex-dividend date is Friday, December 12th. Walmart’s dividend payout ratio (DPR) is presently 39.00%.

Wall Street Analyst Weigh In

Several research firms have weighed in on WMT. Guggenheim restated a “buy” rating and set a $100.00 target price on shares of Walmart in a report on Monday, February 24th. Wells Fargo & Company raised their price target on Walmart from $100.00 to $108.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. 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. Roth Mkm reaffirmed a “buy” rating and issued a $108.00 price target (up from $97.00) on shares of Walmart in a research report on Friday, February 21st. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $115.00 price target (up from $106.00) on shares of Walmart in a research report on Thursday, February 13th. Two analysts have rated the stock with a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Walmart presently has an average rating of “Moderate Buy” and a consensus price target of $103.17.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. FPC Investment Advisory Inc. bought a new position in Walmart in the 4th quarter worth approximately $25,000. Horizon Financial Services LLC raised its position in shares of Walmart by 1,007.7% during the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer’s stock valued at $26,000 after acquiring an additional 262 shares during the last quarter. Fiduciary Advisors Inc. bought a new stake in shares of Walmart during the 4th quarter valued at $27,000. Decker Retirement Planning Inc. bought a new stake in shares of Walmart during the 4th quarter valued at $32,000. Finally, Noble Wealth Management PBC bought a new stake in shares of Walmart during the 4th quarter valued at $37,000. Institutional investors own 26.76% of the company’s stock.

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.