9,401 Shares in Walmart Inc. (NYSE:WMT) Acquired by Moment Partners LLC

Moment Partners LLC acquired a new stake in Walmart Inc. (NYSE:WMT) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 9,401 shares of the retailer’s stock, valued at approximately $849,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Coyle Financial Counsel LLC grew its position in shares of Walmart by 3.1% in the fourth quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer’s stock valued at $310,000 after purchasing an additional 102 shares in the last quarter. SC&H Financial Advisors Inc. boosted its stake in Walmart by 1.0% in the 4th quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer’s stock worth $924,000 after purchasing an additional 103 shares during the period. Blackston Financial Advisory Group LLC grew its holdings in Walmart by 0.7% during the 4th quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer’s stock valued at $1,417,000 after buying an additional 106 shares in the last quarter. Van Strum & Towne Inc. increased its position in shares of Walmart by 1.6% during the fourth quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer’s stock valued at $619,000 after buying an additional 108 shares during the period. Finally, Scarborough Advisors LLC increased its position in shares of Walmart by 2.0% during the fourth quarter. Scarborough Advisors LLC now owns 5,584 shares of the retailer’s stock valued at $505,000 after buying an additional 109 shares during the period. Institutional investors own 26.76% of the company’s stock.

Insider Transactions at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,600 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total transaction of $166,384.00. Following the transaction, the executive vice president now directly owns 423,597 shares of the company’s stock, valued at approximately $44,049,852.03. The trade was a 0.38 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 38,000 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the completion of the sale, the executive vice president now directly owns 257,281 shares of the company’s stock, valued at approximately $25,419,362.80. This represents a 12.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 147,528 shares of company stock worth $14,096,140. 45.58% of the stock is currently owned by insiders.

Analyst Ratings Changes

WMT has been the subject of a number of analyst reports. Morgan Stanley restated an “overweight” rating and issued a $115.00 price objective (up from $106.00) on shares of Walmart in a research report on Thursday, February 13th. Evercore ISI reduced their price target on shares of Walmart from $107.00 to $100.00 and set an “outperform” rating for the company in a research report on Tuesday, March 11th. Citigroup reiterated a “positive” rating on shares of Walmart in a research report on Thursday, February 20th. Royal Bank of Canada reduced their target price on Walmart from $109.00 to $107.00 and set an “outperform” rating for the company in a research report on Friday, February 21st. Finally, Stifel Nicolaus decreased their target price on Walmart from $99.00 to $93.00 and set a “hold” rating on the stock in a research note on Thursday, March 20th. Two equities research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $103.17.

Walmart Stock Up 0.4 %

Shares of NYSE WMT opened at $85.13 on Thursday. The firm’s fifty day moving average is $94.87 and its 200 day moving average is $89.22. Walmart Inc. has a 52 week low of $58.56 and a 52 week high of $105.30. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The company has a market cap of $682.45 billion, a price-to-earnings ratio of 35.32, a PEG ratio of 4.42 and a beta of 0.53.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 2.85% and a return on equity of 21.87%. On average, equities research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

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

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.