Walmart Inc. (NYSE:WMT) Shares Sold by Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group lowered its position in shares of Walmart Inc. (NYSE:WMT) by 23.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,364 shares of the retailer’s stock after selling 4,375 shares during the period. Walmart comprises about 0.8% of Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings, making the stock its 22nd largest position. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings in Walmart were worth $1,298,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. FPC Investment Advisory Inc. acquired a new stake in shares of Walmart during the fourth quarter worth about $25,000. Fiduciary Advisors Inc. acquired a new stake in shares of Walmart during the fourth quarter worth about $27,000. Peterson Financial Group Inc. purchased a new position in shares of Walmart during the third quarter worth about $26,000. Decker Retirement Planning Inc. purchased a new position in shares of Walmart during the fourth quarter worth about $32,000. Finally, Noble Wealth Management PBC purchased a new position in shares of Walmart during the fourth quarter worth about $37,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Down 2.7 %

Shares of Walmart stock opened at $85.07 on Thursday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. Walmart Inc. has a 1 year low of $58.56 and a 1 year high of $105.30. The company has a market capitalization of $683.43 billion, a P/E ratio of 35.30, a P/E/G ratio of 4.42 and a beta of 0.53. The business has a 50 day moving average price of $95.96 and a 200 day moving average price of $88.59.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.02. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The firm had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. Sell-side analysts anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

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

Wall Street Analyst Weigh In

WMT has been the topic of a number of research reports. BMO Capital Markets raised their price target on Walmart from $80.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. KeyCorp raised their price target on Walmart from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Friday, February 21st. Morgan Stanley reissued an “overweight” rating and set a $115.00 price target (up previously from $106.00) on shares of Walmart in a report on Thursday, February 13th. Roth Mkm reissued a “buy” rating and set a $108.00 price target (up previously from $97.00) on shares of Walmart in a report on Friday, February 21st. Finally, JPMorgan Chase & Co. raised their price target on Walmart from $97.00 to $112.00 and gave the stock an “overweight” rating in a report on Monday, February 10th. One research analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Walmart currently has an average rating of “Buy” and an average price target of $103.20.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $92.35, for a total transaction of $2,689,601.40. Following the completion of the transaction, the chief executive officer now directly owns 3,785,702 shares in the company, valued at $349,609,579.70. The trade was a 0.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Christopher James Nicholas sold 17,600 shares of Walmart stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $94.42, for a total value of $1,661,792.00. Following the transaction, the executive vice president now owns 348,357 shares of the company’s stock, valued at $32,891,867.94. This represents a 4.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 185,777 shares of company stock worth $17,657,316 in the last ninety days. Insiders own 45.58% of the company’s stock.

About Walmart

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.