NTV Asset Management LLC Has $2.18 Million Holdings in Walmart Inc. (NYSE:WMT)

NTV Asset Management LLC lifted its position in shares of Walmart Inc. (NYSE:WMT) by 2.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,818 shares of the retailer’s stock after buying an additional 332 shares during the quarter. NTV Asset Management LLC’s holdings in Walmart were worth $2,178,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Seven Mile Advisory grew its holdings in Walmart by 1.6% in the third quarter. Seven Mile Advisory now owns 3,953 shares of the retailer’s stock worth $632,000 after purchasing an additional 61 shares during the period. Flynn Zito Capital Management LLC lifted its stake in shares of Walmart by 3.9% in the fourth quarter. Flynn Zito Capital Management LLC now owns 1,636 shares of the retailer’s stock valued at $258,000 after buying an additional 61 shares in the last quarter. ICW Investment Advisors LLC lifted its stake in shares of Walmart by 0.4% in the fourth quarter. ICW Investment Advisors LLC now owns 15,451 shares of the retailer’s stock valued at $2,436,000 after buying an additional 62 shares in the last quarter. Bill Few Associates Inc. lifted its stake in shares of Walmart by 1.1% in the fourth quarter. Bill Few Associates Inc. now owns 5,806 shares of the retailer’s stock valued at $915,000 after buying an additional 64 shares in the last quarter. Finally, Gateway Advisory LLC lifted its stake in shares of Walmart by 4.1% in the third quarter. Gateway Advisory LLC now owns 1,643 shares of the retailer’s stock valued at $263,000 after buying an additional 65 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Up 0.2 %

Walmart stock traded up $0.11 during mid-day trading on Friday, reaching $59.82. The stock had a trading volume of 14,207,397 shares, compared to its average volume of 13,769,110. The company has a market capitalization of $482.03 billion, a price-to-earnings ratio of 31.26, a PEG ratio of 3.90 and a beta of 0.49. The company has a 50-day moving average price of $60.06 and a two-hundred day moving average price of $55.99. Walmart Inc. has a one year low of $48.34 and a one year high of $61.65. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.83 and a quick ratio of 0.24.

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

Walmart Dividend Announcement

The firm 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 $0.2075 dividend. This represents a $0.83 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Friday, December 13th. Walmart’s dividend payout ratio (DPR) is presently 43.38%.

Insider Transactions at Walmart

In other news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $57.93, for a total value of $1,687,250.40. Following the transaction, the chief executive officer now owns 4,076,892 shares in the company, valued at approximately $236,187,943.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, major shareholder Jim C. Walton sold 2,000 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were 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 directly owns 656,395,261 shares of the company’s stock, valued at approximately $38,582,913,441.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $57.93, for a total transaction of $1,687,250.40. Following the completion of the sale, the chief executive officer now directly owns 4,076,892 shares of the company’s stock, valued at $236,187,943.20. The disclosure for this sale can be found here. Insiders have sold 29,019,140 shares of company stock worth $1,696,045,631 in the last quarter. Company insiders own 46.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised their price target on shares of Walmart from $62.00 to $63.33 and gave the company a “buy” rating in a research report on Friday, February 16th. JPMorgan Chase & Co. lifted their target price on shares of Walmart from $54.33 to $58.67 and gave the stock a “neutral” rating in a research note on Monday, February 19th. Evercore ISI reduced their price objective on shares of Walmart from $67.00 to $66.00 and set an “outperform” rating for the company in a research note on Tuesday, April 16th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $68.00 price objective on shares of Walmart in a research note on Wednesday, March 27th. Finally, Tigress Financial boosted their price objective on shares of Walmart from $65.00 to $75.00 and gave the company a “buy” rating in a research note on Wednesday, March 13th. Four equities research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Walmart presently has a consensus rating of “Moderate Buy” and an average price target of $61.75.

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.