Sava Infond d.o.o. Buys Shares of 2,250 Walmart Inc. (NYSE:WMT)

Sava Infond d.o.o. purchased a new position in shares of Walmart Inc. (NYSE:WMT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,250 shares of the retailer’s stock, valued at approximately $203,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WMT. Principal Financial Group Inc. boosted its position in shares of Walmart by 14.9% during the 3rd quarter. Principal Financial Group Inc. now owns 6,235,504 shares of the retailer’s stock worth $503,517,000 after purchasing an additional 809,352 shares during the period. Quantbot Technologies LP purchased a new position in shares of Walmart during the third quarter worth $270,000. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Walmart by 21.7% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 561,000 shares of the retailer’s stock valued at $45,301,000 after buying an additional 100,000 shares in the last quarter. BBR Partners LLC raised its holdings in shares of Walmart by 38.2% in the 3rd quarter. BBR Partners LLC now owns 67,398 shares of the retailer’s stock valued at $5,442,000 after buying an additional 18,636 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Walmart by 4.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,900,850 shares of the retailer’s stock worth $153,494,000 after acquiring an additional 82,106 shares in the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Performance

Shares of WMT opened at $85.62 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. Walmart Inc. has a 52-week low of $58.56 and a 52-week high of $105.30. The company has a 50-day simple moving average of $94.76 and a 200-day simple moving average of $89.20. The company has a market capitalization of $686.37 billion, a PE ratio of 35.53, a P/E/G ratio of 4.42 and a beta of 0.53.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The company had revenue of $180.55 billion for the quarter, compared to analyst estimates of $178.83 billion. Equities research analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be issued 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 yield of 1.10%. Walmart’s dividend payout ratio is presently 39.00%.

Insiders Place Their Bets

In other news, EVP Kathryn J. Mclay sold 4,000 shares of the firm’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total value of $343,800.00. Following the completion of the transaction, the executive vice president now owns 888,309 shares in the company, valued at $76,350,158.55. This trade represents a 0.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Daniel J. Bartlett sold 1,600 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total transaction of $166,384.00. Following the completion of the sale, the executive vice president now owns 423,597 shares in the company, valued at $44,049,852.03. This represents a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 147,528 shares of company stock worth $14,096,140. 45.58% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on WMT shares. Telsey Advisory Group reiterated an “outperform” rating on shares of Walmart in a research note on Friday, February 28th. KeyCorp upped their target price on shares of Walmart from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Friday, February 21st. Robert W. Baird raised their price target on shares of Walmart from $100.00 to $115.00 and gave the company an “outperform” rating in a research report on Tuesday, February 18th. Wells Fargo & Company boosted their price target on shares of Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Finally, Erste Group Bank lowered Walmart from a “strong-buy” rating to a “hold” rating in a report on Monday, March 17th. Two research analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $103.17.

Walmart 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.