Investors Sell Shares of Walmart (WMT) on Strength (WMT)

Investors sold shares of Walmart Inc (NYSE:WMT) on strength during trading on Monday. $66.42 million flowed into the stock on the tick-up and $144.77 million flowed out of the stock on the tick-down, for a money net flow of $78.35 million out of the stock. Of all equities tracked, Walmart had the 9th highest net out-flow for the day. Walmart traded up $0.87 for the day and closed at $102.43

A number of brokerages have recently issued reports on WMT. Credit Suisse Group reiterated a “neutral” rating and set a $103.00 target price on shares of Walmart in a research report on Wednesday, February 20th. Barclays reiterated a “buy” rating and set a $113.00 target price on shares of Walmart in a research report on Wednesday, February 20th. Morgan Stanley set a $113.00 target price on shares of Walmart and gave the stock an “overweight” rating in a research report on Wednesday, February 20th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $108.00 target price on shares of Walmart in a research report on Wednesday, February 20th. Finally, BMO Capital Markets reiterated a “buy” rating and set a $115.00 target price on shares of Walmart in a research report on Thursday, February 21st. One equities research analyst has rated the stock with a sell rating, eighteen have given a hold rating and seventeen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $105.82.

The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.23 and a current ratio of 0.80. The stock has a market capitalization of $304.18 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 4.64 and a beta of 0.34.

Walmart (NYSE:WMT) last issued its quarterly earnings data on Tuesday, February 19th. The retailer reported $1.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.33 by $0.08. Walmart had a net margin of 1.30% and a return on equity of 18.60%. The company had revenue of $137.74 billion during the quarter, compared to the consensus estimate of $137.63 billion. During the same quarter in the prior year, the firm earned $1.33 earnings per share. The firm’s revenue was up 1.9% compared to the same quarter last year. On average, equities analysts anticipate that Walmart Inc will post 4.75 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, May 10th will be given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date is Thursday, May 9th. Walmart’s dividend payout ratio (DPR) is currently 43.18%.

In related news, insider John R. Furner sold 10,427 shares of the firm’s stock in a transaction on Wednesday, February 20th. The shares were sold at an average price of $101.81, for a total value of $1,061,572.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Alice L. Walton sold 1,855,869 shares of the firm’s stock in a transaction on Thursday, February 21st. The shares were sold at an average price of $99.56, for a total transaction of $184,770,317.64. Following the completion of the transaction, the insider now directly owns 15,557,224 shares of the company’s stock, valued at approximately $1,548,877,221.44. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,240,978 shares of company stock valued at $1,406,078,670. 51.11% of the stock is owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the stock. Clarfeld Financial Advisors LLC acquired a new stake in Walmart in the fourth quarter valued at $25,000. Ipswich Investment Management Co. Inc. acquired a new stake in Walmart in the fourth quarter valued at $26,000. Ironwood Financial llc acquired a new stake in Walmart in the fourth quarter valued at $26,000. Massey Quick Simon & CO. LLC acquired a new stake in Walmart in the fourth quarter valued at $28,000. Finally, Winch Advisory Services LLC lifted its stake in Walmart by 45.1% in the fourth quarter. Winch Advisory Services LLC now owns 344 shares of the retailer’s stock valued at $32,000 after acquiring an additional 107 shares during the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

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Walmart Company Profile (NYSE:WMT)

Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.

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