Tyler Stone Wealth Management Boosts Stock Holdings in Walmart Inc. (NYSE:WMT)

Tyler Stone Wealth Management lifted its holdings in shares of Walmart Inc. (NYSE:WMT) by 2.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,749 shares of the retailer’s stock after acquiring an additional 136 shares during the quarter. Tyler Stone Wealth Management’s holdings in Walmart were worth $519,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of WMT. FPC Investment Advisory Inc. purchased a new stake in shares of Walmart during the fourth quarter worth $25,000. Fiduciary Advisors Inc. purchased a new stake in Walmart during the 4th quarter worth about $27,000. Decker Retirement Planning Inc. bought a new position in Walmart in the 4th quarter worth about $32,000. Noble Wealth Management PBC purchased a new position in Walmart during the 4th quarter valued at about $37,000. Finally, Legacy Investment Solutions LLC bought a new stake in shares of Walmart during the third quarter valued at about $43,000. 26.76% of the stock is owned by institutional investors.

Walmart Stock Performance

NYSE:WMT opened at $85.13 on Thursday. 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 $58.56 and a fifty-two week high of $105.30. The business has a 50 day moving average price of $94.87 and a 200-day moving average price of $89.22. The firm has a market cap of $682.45 billion, a PE ratio of 35.32, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 2.85% and a return on equity of 21.87%. Equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be given a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s payout ratio is 39.00%.

Insiders Place Their Bets

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $92.62, for a total value of $2,697,464.88. Following the completion of the transaction, the chief executive officer now directly owns 3,766,491 shares in the company, valued at approximately $348,852,396.42. This represents a 0.77 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John D. Rainey sold 38,000 shares of Walmart stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the sale, the executive vice president now directly owns 257,281 shares in the company, valued at $25,419,362.80. The trade was a 12.87 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 147,528 shares of company stock worth $14,096,140. 45.58% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on WMT. Jefferies Financial Group raised their price objective on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Royal Bank of Canada reduced their price target on shares of Walmart from $109.00 to $107.00 and set an “outperform” rating for the company in a research report on Friday, February 21st. Tigress Financial increased their price objective on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Citigroup restated a “positive” rating on shares of Walmart in a research report on Thursday, February 20th. Finally, DZ Bank raised Walmart from a “hold” rating to a “buy” rating and set a $110.00 price target on the stock in a report on Tuesday, February 25th. Two analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $103.17.

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.