Hemenway Trust Co LLC grew its position in Walmart Inc (NYSE:WMT) by 33.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,720 shares of the retailer’s stock after acquiring an additional 923 shares during the quarter. Hemenway Trust Co LLC’s holdings in Walmart were worth $367,000 as of its most recent SEC filing.
Several other hedge funds have also recently made changes to their positions in WMT. FMR LLC lifted its position in shares of Walmart by 45.3% in the 2nd quarter. FMR LLC now owns 17,982,372 shares of the retailer’s stock worth $1,360,906,000 after acquiring an additional 5,608,785 shares during the period. Fisher Asset Management LLC lifted its position in shares of Walmart by 43.5% during the 4th quarter. Fisher Asset Management LLC now owns 8,706,981 shares of the retailer’s stock worth $859,814,000 after buying an additional 2,637,516 shares during the period. Alliancebernstein L.P. lifted its position in shares of Walmart by 42.6% during the 2nd quarter. Alliancebernstein L.P. now owns 5,745,493 shares of the retailer’s stock worth $434,819,000 after buying an additional 1,716,422 shares during the period. Parametric Portfolio Associates LLC lifted its position in shares of Walmart by 52.9% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 4,883,390 shares of the retailer’s stock worth $369,565,000 after buying an additional 1,689,364 shares during the period. Finally, Old Mutual Global Investors UK Ltd. lifted its position in shares of Walmart by 128.7% during the 3rd quarter. Old Mutual Global Investors UK Ltd. now owns 2,058,798 shares of the retailer’s stock worth $160,874,000 after buying an additional 1,158,519 shares during the period. Institutional investors own 30.00% of the company’s stock.
Shares of Walmart stock opened at $86.69 on Friday. The company has a quick ratio of 0.20, a current ratio of 0.76 and a debt-to-equity ratio of 0.46. Walmart Inc has a 12 month low of $71.80 and a 12 month high of $109.98. The firm has a market cap of $258,378.97, a P/E ratio of 19.61, a P/E/G ratio of 3.17 and a beta of 0.54.
Walmart (NYSE:WMT) last announced its quarterly earnings data on Tuesday, February 20th. The retailer reported $1.33 EPS for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.04). Walmart had a return on equity of 16.85% and a net margin of 1.97%. The company had revenue of $135.15 billion for the quarter, compared to analyst estimates of $133.63 billion. During the same period last year, the firm earned $1.30 earnings per share. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. equities research analysts anticipate that Walmart Inc will post 4.92 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 2nd. Investors of record on Friday, December 7th will be paid a dividend of $0.52 per share. The ex-dividend date is Thursday, December 6th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.40%. Walmart’s dividend payout ratio (DPR) is presently 47.06%.
WMT has been the subject of several analyst reports. Robert W. Baird set a $110.00 target price on Walmart and gave the stock a “buy” rating in a research report on Tuesday, January 2nd. ValuEngine upgraded Walmart from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Zacks Investment Research upgraded Walmart from a “hold” rating to a “buy” rating and set a $114.00 target price for the company in a research report on Saturday, January 13th. Vetr upgraded Walmart from a “hold” rating to a “buy” rating and set a $104.38 target price for the company in a research report on Wednesday, January 10th. Finally, Citigroup upgraded Walmart from a “neutral” rating to a “buy” rating and raised their target price for the stock from $106.00 to $117.00 in a research report on Tuesday, December 19th. Twenty investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price 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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