Bryn Mawr Capital Management LLC Lowers Stock Holdings in Walmart Inc. (NYSE:WMT)

Bryn Mawr Capital Management LLC decreased its position in shares of Walmart Inc. (NYSE:WMT) by 49.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,400 shares of the retailer’s stock after selling 1,383 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Walmart were worth $221,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of WMT. Authentikos Wealth Advisory LLC bought a new position in shares of Walmart during the 3rd quarter valued at about $25,000. Kepos Capital LP bought a new position in shares of Walmart in the 3rd quarter valued at about $40,000. Milestone Investment Advisors LLC bought a new position in shares of Walmart in the 3rd quarter valued at about $41,000. Fortitude Family Office LLC bought a new position in shares of Walmart in the 4th quarter valued at about $45,000. Finally, Orion Capital Management LLC bought a new position in shares of Walmart in the 3rd quarter valued at about $50,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Insider Activity at Walmart

In related news, major shareholder Alice L. Walton sold 345,000 shares of the business’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $60.93, for a total transaction of $21,020,850.00. Following the completion of the transaction, the insider now directly owns 652,044,261 shares in the company, valued at $39,729,056,822.73. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Walmart news, major shareholder Alice L. Walton sold 345,000 shares of the company’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $60.93, for a total value of $21,020,850.00. Following the completion of the transaction, the insider now owns 652,044,261 shares in the company, valued at $39,729,056,822.73. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction dated Thursday, April 25th. The stock was sold at an average price of $60.03, for a total transaction of $1,748,313.72. Following the completion of the transaction, the chief executive officer now owns 4,018,650 shares of the company’s stock, valued at approximately $241,239,559.50. The disclosure for this sale can be found here. Insiders sold 29,019,140 shares of company stock worth $1,696,035,551 over the last three months. Company insiders own 46.51% of the company’s stock.

Walmart Price Performance

Shares of WMT opened at $59.32 on Wednesday. The company has a market cap of $478.11 billion, a price-to-earnings ratio of 31.00, a price-to-earnings-growth ratio of 3.93 and a beta of 0.49. Walmart Inc. has a twelve month low of $48.34 and a twelve month high of $61.65. The company has a quick ratio of 0.24, a current ratio of 0.83 and a debt-to-equity ratio of 0.46. The company has a 50 day moving average of $59.99 and a two-hundred day moving average of $55.90.

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

Walmart Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Friday, December 13th will be issued a dividend of $0.2075 per share. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date is Friday, December 13th. Walmart’s dividend payout ratio (DPR) is presently 43.38%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Tigress Financial increased their price objective on shares of Walmart from $65.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday, March 13th. Stifel Nicolaus reissued a “hold” rating on shares of Walmart in a research report on Wednesday, March 13th. Telsey Advisory Group reissued an “outperform” rating and issued a $68.00 price objective on shares of Walmart in a research report on Wednesday, March 27th. StockNews.com raised shares of Walmart from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, February 21st. Finally, Morgan Stanley reduced their price objective on shares of Walmart to $66.67 and set an “overweight” rating on the stock in a research report on Monday, February 26th. Four equities research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $61.75.

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.