Walmart Inc. (NYSE:WMT) Shares Purchased by FSA Advisors Inc.

FSA Advisors Inc. boosted its holdings in Walmart Inc. (NYSE:WMT) by 7.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,569 shares of the retailer’s stock after acquiring an additional 239 shares during the quarter. FSA Advisors Inc.’s holdings in Walmart were worth $313,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Bear Mountain Capital Inc. increased its position in shares of Walmart by 98.2% during the 1st quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer’s stock valued at $32,000 after purchasing an additional 167 shares during the period. EQ Wealth Advisors LLC acquired a new position in shares of Walmart during the 1st quarter valued at $35,000. Lipe & Dalton increased its position in shares of Walmart by 95.2% during the 1st quarter. Lipe & Dalton now owns 410 shares of the retailer’s stock valued at $36,000 after purchasing an additional 200 shares during the period. Mizuho Bank Ltd. acquired a new position in shares of Walmart during the 4th quarter valued at $41,000. Finally, Nexus Investment Management ULC acquired a new position in shares of Walmart during the 1st quarter valued at $49,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on WMT shares. Evercore ISI lifted their price target on Walmart from $105.00 to $107.00 and gave the company an “outperform” rating in a research report on Wednesday, June 4th. Mizuho lifted their target price on Walmart from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Monday, June 9th. DA Davidson restated a “buy” rating and issued a $117.00 target price on shares of Walmart in a report on Friday, May 16th. Citigroup reaffirmed a “buy” rating on shares of Walmart in a research report on Tuesday, May 6th. Finally, Stifel Nicolaus decreased their target price on Walmart from $93.00 to $91.00 and set a “hold” rating for the company in a research report on Wednesday, April 9th. Two research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Walmart presently has a consensus rating of “Moderate Buy” and a consensus target price of $106.67.

Insider Buying and Selling at Walmart

In related news, EVP Daniel J. Bartlett sold 1,744 shares of the stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $95.60, for a total transaction of $166,726.40. Following the sale, the executive vice president directly owned 649,233 shares in the company, valued at $62,066,674.80. This represents a 0.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of the stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $95.58, for a total value of $1,855,781.28. Following the sale, the chief executive officer owned 4,412,398 shares in the company, valued at approximately $421,737,000.84. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 146,112 shares of company stock worth $14,078,027 over the last 90 days. Company insiders own 45.58% of the company’s stock.

Walmart Stock Up 0.1%

NYSE WMT opened at $97.57 on Tuesday. 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 stock’s 50 day moving average is $96.75 and its two-hundred day moving average is $94.89. The company has a market capitalization of $778.65 billion, a price-to-earnings ratio of 41.70, a PEG ratio of 4.69 and a beta of 0.68. Walmart Inc. has a 1-year low of $66.67 and a 1-year high of $105.30.

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

Walmart Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 12th were given a dividend of $0.235 per share. The ex-dividend date was Friday, May 9th. This represents a yield of 0.95%. Walmart’s dividend payout ratio (DPR) is presently 40.17%.

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.