Fullcircle Wealth LLC Sells 1,475 Shares of Walmart Inc. (NYSE:WMT)

Fullcircle Wealth LLC cut its holdings in Walmart Inc. (NYSE:WMT) by 6.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,449 shares of the retailer’s stock after selling 1,475 shares during the period. Fullcircle Wealth LLC’s holdings in Walmart were worth $1,848,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in WMT. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Walmart by 1.7% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 5,937 shares of the retailer’s stock valued at $538,000 after buying an additional 98 shares in the last quarter. Coyle Financial Counsel LLC boosted its stake in Walmart by 3.1% in the fourth quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer’s stock valued at $310,000 after acquiring an additional 102 shares in the last quarter. SC&H Financial Advisors Inc. boosted its stake in Walmart by 1.0% in the fourth quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer’s stock valued at $924,000 after acquiring an additional 103 shares in the last quarter. Blackston Financial Advisory Group LLC increased its position in shares of Walmart by 0.7% during the fourth quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer’s stock worth $1,417,000 after purchasing an additional 106 shares in the last quarter. Finally, Van Strum & Towne Inc. lifted its holdings in shares of Walmart by 1.6% during the 4th quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer’s stock valued at $619,000 after purchasing an additional 108 shares during the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Up 0.2 %

Walmart stock opened at $98.76 on Thursday. The company has a market capitalization of $790.13 billion, a PE ratio of 40.98, a price-to-earnings-growth ratio of 4.42 and a beta of 0.70. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. Walmart Inc. has a fifty-two week low of $59.44 and a fifty-two week high of $105.30. The firm has a 50 day moving average price of $90.62 and a 200 day moving average price of $91.70.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The business had revenue of $180.55 billion during the quarter, compared to analysts’ expectations of $178.83 billion. Research analysts expect that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th will be issued a dividend of $0.235 per share. This represents a yield of 0.95%. The ex-dividend date of this dividend is Friday, May 9th. Walmart’s dividend payout ratio (DPR) is presently 39.00%.

Insider Buying and Selling at Walmart

In other news, EVP John D. Rainey sold 2,200 shares of the stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $97.37, for a total value of $214,214.00. Following the transaction, the executive vice president now owns 632,718 shares in the company, valued at approximately $61,607,751.66. This represents a 0.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Daniel J. Bartlett sold 1,600 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total value of $166,384.00. Following the sale, the executive vice president now owns 423,597 shares of the company’s stock, valued at approximately $44,049,852.03. The trade was a 0.38 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 133,857 shares of company stock valued at $12,444,743. Insiders own 45.58% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Morgan Stanley reaffirmed an “overweight” rating and set a $115.00 target price (up from $106.00) on shares of Walmart in a research report on Thursday, February 13th. Royal Bank of Canada reiterated an “outperform” rating and issued a $102.00 target price on shares of Walmart in a research note on Tuesday. Robert W. Baird upped their price target on shares of Walmart from $100.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, February 18th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walmart in a research note on Monday. Finally, UBS Group cut their target price on Walmart from $112.00 to $110.00 and set a “buy” rating on the stock in a research report on Thursday, April 10th. Two research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Walmart presently has an average rating of “Moderate Buy” and a consensus target price of $103.94.

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.