Everence Capital Management Inc. grew its holdings in Walmart Inc (NYSE:WMT) by 4.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 34,106 shares of the retailer’s stock after purchasing an additional 1,395 shares during the quarter. Walmart comprises 0.7% of Everence Capital Management Inc.’s portfolio, making the stock its 28th biggest holding. Everence Capital Management Inc.’s holdings in Walmart were worth $3,368,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Walmart by 0.4% in the second quarter. Vanguard Group Inc. now owns 105,673,654 shares of the retailer’s stock valued at $7,997,381,000 after purchasing an additional 440,343 shares during the last quarter. FMR LLC grew its position in shares of Walmart by 45.3% in the second quarter. FMR LLC now owns 17,982,372 shares of the retailer’s stock valued at $1,360,906,000 after purchasing an additional 5,608,785 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Walmart by 1.5% in the third quarter. Dimensional Fund Advisors LP now owns 14,804,523 shares of the retailer’s stock valued at $1,156,909,000 after purchasing an additional 224,821 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Walmart by 0.5% in the third quarter. Ameriprise Financial Inc. now owns 8,919,633 shares of the retailer’s stock valued at $696,979,000 after purchasing an additional 45,217 shares during the last quarter. Finally, Fisher Asset Management LLC grew its position in shares of Walmart by 43.5% in the fourth quarter. Fisher Asset Management LLC now owns 8,706,981 shares of the retailer’s stock valued at $859,814,000 after purchasing an additional 2,637,516 shares during the last quarter. 30.00% of the stock is currently owned by institutional investors.
Shares of NYSE:WMT traded down $1.12 during trading on Friday, reaching $86.69. The stock had a trading volume of 6,327,271 shares, compared to its average volume of 10,715,462. Walmart Inc has a 52 week low of $71.80 and a 52 week high of $109.98. The company has a current ratio of 0.76, a quick ratio of 0.20 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $260,126.77, a P/E ratio of 19.61, a price-to-earnings-growth ratio of 3.20 and a beta of 0.54.
Walmart (NYSE:WMT) last posted its earnings results on Tuesday, February 20th. The retailer reported $1.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.04). Walmart had a net margin of 1.97% and a return on equity of 16.85%. The firm had revenue of $135.15 billion during the quarter, compared to the consensus estimate of $133.63 billion. During the same quarter last year, the firm posted $1.30 EPS. The business’s revenue was up 4.2% on a year-over-year basis. analysts forecast that Walmart Inc will post 4.92 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 2nd. Stockholders of record on Friday, December 7th will be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend is Thursday, December 6th. Walmart’s dividend payout ratio (DPR) is currently 47.06%.
A number of equities research analysts recently weighed in on WMT shares. Loop Capital started coverage on Walmart in a research report on Thursday. They set a “hold” rating and a $92.00 target price on the stock. Morgan Stanley set a $99.00 target price on Walmart and gave the stock a “hold” rating in a research report on Monday, April 2nd. UBS set a $100.00 target price on Walmart and gave the stock a “neutral” rating in a research report on Thursday, January 4th. Stephens decreased their target price on Walmart from $117.00 to $108.00 and set an “overweight” rating on the stock in a research report on Thursday, February 22nd. Finally, BMO Capital Markets set a $96.00 target price on Walmart and gave the stock a “hold” rating in a research report on Friday, February 23rd. Twenty research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. Walmart presently has an average rating of “Hold” and an average price target of $102.04.
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Walmart Inc, formerly Wal-Mart Stores, Inc, is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club.
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