3,604 Shares in Walmart Inc. (NYSE:WMT) Acquired by Crowley Wealth Management Inc.

Crowley Wealth Management Inc. bought a new stake in Walmart Inc. (NYSE:WMT) in the 4th quarter, Holdings Channel.com reports. The fund bought 3,604 shares of the retailer’s stock, valued at approximately $326,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Walmart by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer’s stock worth $38,194,278,000 after purchasing an additional 2,050,683 shares during the period. Napatree Capital LLC boosted its position in shares of Walmart by 13.2% during the fourth quarter. Napatree Capital LLC now owns 16,218 shares of the retailer’s stock worth $1,465,000 after buying an additional 1,887 shares during the period. Stevens Capital Management LP grew its holdings in shares of Walmart by 10.8% during the fourth quarter. Stevens Capital Management LP now owns 17,894 shares of the retailer’s stock worth $1,617,000 after buying an additional 1,745 shares in the last quarter. M Holdings Securities Inc. acquired a new stake in Walmart in the 4th quarter valued at approximately $333,000. Finally, Blueprint Investment Partners LLC lifted its stake in Walmart by 27.2% in the 4th quarter. Blueprint Investment Partners LLC now owns 27,233 shares of the retailer’s stock valued at $2,461,000 after acquiring an additional 5,826 shares in the last quarter. 26.76% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on WMT shares. Telsey Advisory Group reaffirmed an “outperform” rating on shares of Walmart in a research report on Friday, February 28th. Citigroup restated a “positive” rating on shares of Walmart in a report on Thursday, February 20th. Truist Financial upped their target price on Walmart from $98.00 to $111.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. KeyCorp raised their price target on Walmart from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Friday, February 21st. Finally, Tigress Financial increased their price objective on Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a report on Friday, December 13th. Two research 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 company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $103.17.

Insiders Place Their Bets

In related news, EVP Kathryn J. Mclay sold 4,000 shares of the business’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total transaction of $343,800.00. Following the sale, the executive vice president now owns 888,309 shares in the company, valued at $76,350,158.55. The trade was a 0.45 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP John D. Rainey sold 38,000 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $98.80, for a total value of $3,754,400.00. Following the completion of the transaction, the executive vice president now owns 257,281 shares of the company’s stock, valued at $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. Over the last quarter, insiders have sold 189,777 shares of company stock valued at $18,001,116. 45.58% of the stock is currently owned by insiders.

Walmart Trading Up 0.1 %

Shares of WMT stock opened at $85.94 on Friday. Walmart Inc. has a fifty-two week low of $58.56 and a fifty-two week high of $105.30. The stock’s fifty day moving average price is $95.19 and its two-hundred day moving average price is $89.04. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The company has a market cap of $688.93 billion, a PE ratio of 35.66, a P/E/G 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 for the quarter, beating the consensus estimate of $0.64 by $0.02. The business had revenue of $180.55 billion for the quarter, compared to analyst estimates of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. Equities analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be given a $0.235 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a yield of 1.09%. Walmart’s dividend payout ratio is currently 39.00%.

Walmart 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.