Capital Analysts LLC cut its position in shares of Walmart Inc (NYSE:WMT) by 45.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 20,508 shares of the retailer’s stock after selling 17,078 shares during the quarter. Capital Analysts LLC’s holdings in Walmart were worth $2,784,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in the stock. Standard Life Aberdeen plc boosted its stake in shares of Walmart by 8.2% during the 4th quarter. Standard Life Aberdeen plc now owns 1,648,718 shares of the retailer’s stock worth $163,025,000 after purchasing an additional 124,531 shares during the period. Brown Advisory Inc. boosted its stake in shares of Walmart by 21.6% during the 4th quarter. Brown Advisory Inc. now owns 141,528 shares of the retailer’s stock worth $13,976,000 after purchasing an additional 25,113 shares during the period. Pinnacle Associates Ltd. boosted its stake in shares of Walmart by 14.1% during the 4th quarter. Pinnacle Associates Ltd. now owns 55,980 shares of the retailer’s stock worth $5,528,000 after purchasing an additional 6,926 shares during the period. Mutual Advisors LLC purchased a new position in shares of Walmart during the 4th quarter worth about $481,000. Finally, West Chester Capital Advisors Inc. purchased a new position in shares of Walmart during the 4th quarter worth about $630,000. 30.00% of the stock is owned by hedge funds and other institutional investors.
Shares of WMT opened at $86.69 on Monday. Walmart Inc has a fifty-two week low of $71.80 and a fifty-two week high of $109.98. The company has a market capitalization of $256,808.91, a PE ratio of 19.61, a price-to-earnings-growth ratio of 3.16 and a beta of 0.54. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.76 and a quick ratio of 0.20.
Walmart (NYSE:WMT) last announced its quarterly earnings results on Tuesday, February 20th. The retailer reported $1.33 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($0.04). Walmart had a return on equity of 16.85% and a net margin of 1.97%. The business had revenue of $135.15 billion during the quarter, compared to analysts’ expectations of $133.63 billion. During the same period in the previous year, the company posted $1.30 EPS. Walmart’s revenue for the quarter was up 4.2% on a year-over-year basis. equities analysts expect that Walmart Inc will post 4.92 EPS for the current year.
The company 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 annualized dividend and a dividend yield of 2.40%. Walmart’s dividend payout ratio (DPR) is presently 47.06%.
A number of equities analysts recently commented on the stock. Barclays lifted their price target on shares of Walmart to $120.00 and gave the stock an “overweight” rating in a research note on Friday, January 26th. Vetr raised shares of Walmart from a “hold” rating to a “buy” rating and set a $110.28 price target for the company in a research note on Thursday, February 1st. ValuEngine raised shares of Walmart from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. JPMorgan Chase reissued a “neutral” rating on shares of Walmart in a research report on Tuesday, January 23rd. Finally, Zacks Investment Research cut shares of Walmart from a “buy” rating to a “hold” rating in a research report on Sunday, January 21st. Twenty equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus 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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