Walmart Inc. (NYSE:WMT) Holdings Lowered by RMR Wealth Builders


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RMR Wealth Builders trimmed its stake in shares of Walmart Inc. (NYSE:WMT) by 58.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,000 shares of the retailer’s stock after selling 1,420 shares during the period. RMR Wealth Builders’ holdings in Walmart were worth $238,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Greenhouse Wealth Management LLC purchased a new stake in shares of Walmart during the fourth quarter valued at $26,000. Black Swift Group LLC purchased a new stake in shares of Walmart during the fourth quarter valued at $26,000. Tortoise Investment Management LLC purchased a new stake in shares of Walmart during the third quarter valued at $28,000. Lipe & Dalton purchased a new stake in shares of Walmart during the third quarter valued at $31,000. Finally, Corbenic Partners LLC lifted its holdings in shares of Walmart by 78.7% during the fourth quarter. Corbenic Partners LLC now owns 227 shares of the retailer’s stock valued at $33,000 after purchasing an additional 100 shares during the last quarter. 29.34% of the stock is owned by institutional investors and hedge funds.

WMT opened at $137.69 on Tuesday. The firm has a market capitalization of $389.56 billion, a P/E ratio of 21.96, a price-to-earnings-growth ratio of 4.86 and a beta of 0.27. The stock’s 50 day moving average price is $144.34 and its two-hundred day moving average price is $142.76. The company has a quick ratio of 0.29, a current ratio of 0.79 and a debt-to-equity ratio of 0.56. Walmart Inc. has a 12-month low of $102.00 and a 12-month high of $153.66.

Walmart (NYSE:WMT) last released its earnings results on Thursday, February 18th. The retailer reported $1.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.51 by ($0.12). Walmart had a net margin of 3.30% and a return on equity of 19.13%. During the same period last year, the business posted $1.38 earnings per share. As a group, analysts anticipate that Walmart Inc. will post 5.35 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 3rd. Shareholders of record on Friday, December 10th will be issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date of this dividend is Thursday, December 9th. Walmart’s dividend payout ratio (DPR) is currently 43.81%.

In other Walmart news, Director S Robson Walton sold 1,588,645 shares of the firm’s stock in a transaction that occurred on Wednesday, December 30th. The stock was sold at an average price of $144.23, for a total value of $229,130,268.35. Following the completion of the sale, the director now owns 3,215,991 shares in the company, valued at approximately $463,842,381.93. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Marc E. Lore sold 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 21st. The stock was sold at an average price of $145.00, for a total value of $5,075,000.00. Following the completion of the sale, the executive vice president now owns 1,228,283 shares of the company’s stock, valued at approximately $178,101,035. The disclosure for this sale can be found here. Insiders sold a total of 8,965,000 shares of company stock worth $1,311,930,995 in the last ninety days. Insiders own 50.43% of the company’s stock.

Several equities research analysts recently issued reports on WMT shares. KeyCorp increased their price objective on Walmart from $155.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 18th. Raymond James increased their price objective on Walmart from $145.00 to $165.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 18th. Smith Barney Citigroup increased their price objective on Walmart from $155.00 to $172.00 in a research note on Wednesday, November 18th. MKM Partners increased their price objective on Walmart from $147.00 to $155.00 in a research note on Wednesday, November 18th. Finally, Stifel Nicolaus increased their price objective on Walmart from $130.00 to $150.00 and gave the stock a “fair value” rating in a research note on Wednesday, November 18th. They noted that the move was a valuation call. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and twenty-eight have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $149.72.

Walmart Company Profile

Walmart Inc engages in the retail and wholesale operations in various formats worldwide. The company operates in 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; ecommerce websites, such as walmart.com, walmart.com.mx, asda.com, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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