Valley Brook Capital Group Inc. Purchases 626 Shares of Walmart Inc. (NYSE:WMT)

Valley Brook Capital Group Inc. lifted its position in shares of Walmart Inc. (NYSE:WMT) by 2.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 27,203 shares of the retailer’s stock after acquiring an additional 626 shares during the quarter. Walmart makes up 1.9% of Valley Brook Capital Group Inc.’s investment portfolio, making the stock its 15th largest position. Valley Brook Capital Group Inc.’s holdings in Walmart were worth $2,388,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Full Sail Capital LLC grew its stake in shares of Walmart by 6.6% during the 4th quarter. Full Sail Capital LLC now owns 8,702 shares of the retailer’s stock worth $786,000 after acquiring an additional 541 shares during the period. Leslie Global Wealth LLC grew its stake in shares of Walmart by 22.0% during the 4th quarter. Leslie Global Wealth LLC now owns 3,154 shares of the retailer’s stock worth $285,000 after acquiring an additional 568 shares during the period. Monument Capital Management grew its stake in shares of Walmart by 94.2% during the 1st quarter. Monument Capital Management now owns 55,004 shares of the retailer’s stock worth $4,829,000 after acquiring an additional 26,685 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Walmart by 11.8% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,959,752 shares of the retailer’s stock worth $698,787,000 after purchasing an additional 838,689 shares in the last quarter. Finally, Milestone Asset Management LLC lifted its holdings in Walmart by 156.7% during the 1st quarter. Milestone Asset Management LLC now owns 54,659 shares of the retailer’s stock worth $4,799,000 after purchasing an additional 33,370 shares in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

Shares of Walmart stock opened at $99.96 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.22 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $797.72 billion, a PE ratio of 42.72, a price-to-earnings-growth ratio of 4.80 and a beta of 0.66. The business’s 50-day moving average price is $97.60 and its 200-day moving average price is $95.58. Walmart Inc. has a 12 month low of $72.52 and a 12 month high of $105.30.

Walmart (NYSE:WMT) last announced its quarterly earnings data on Thursday, May 15th. The retailer reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. The firm had revenue of $165.61 billion for the quarter, compared to analyst estimates of $164.53 billion. Walmart had a return on equity of 21.76% and a net margin of 2.75%. The company’s revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.60 EPS. Sell-side analysts forecast that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 18th will be given a dividend of $0.235 per share. The ex-dividend date is Friday, August 15th. This represents a dividend yield of 90.0%. Walmart’s dividend payout ratio is 40.17%.

Insider Transactions at Walmart

In related news, EVP John D. Rainey sold 2,200 shares of the firm’s stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $98.44, for a total transaction of $216,568.00. Following the transaction, the executive vice president directly owned 628,318 shares in the company, valued at $61,851,623.92. This trade represents a 0.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kathryn J. Mclay sold 28,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $97.00, for a total value of $2,716,000.00. Following the transaction, the executive vice president owned 1,064,455 shares in the company, valued at approximately $103,252,135. The trade was a 2.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 144,334 shares of company stock valued at $13,913,350 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. KeyCorp increased their price objective on Walmart from $105.00 to $110.00 and gave the stock an “overweight” rating in a report on Monday, June 9th. Citigroup reissued a “buy” rating on shares of Walmart in a report on Tuesday, May 6th. Royal Bank Of Canada reissued an “outperform” rating and set a $103.00 price objective (up previously from $102.00) on shares of Walmart in a report on Monday, June 9th. Wall Street Zen raised Walmart from a “hold” rating to a “buy” rating in a report on Monday, May 12th. Finally, DA Davidson reissued a “buy” rating and set a $117.00 price objective on shares of Walmart in a report on Friday, May 16th. One research analyst has rated the stock with a hold rating, thirty have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Walmart presently has a consensus rating of “Buy” and an average target price of $109.29.

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.