Walmart Inc (WMT) Shares Bought by Usca Ria LLC

Usca Ria LLC grew its position in shares of Walmart Inc (NYSE:WMT) by 22.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 84,952 shares of the retailer’s stock after acquiring an additional 15,325 shares during the quarter. Walmart comprises about 1.1% of Usca Ria LLC’s investment portfolio, making the stock its 15th largest holding. Usca Ria LLC’s holdings in Walmart were worth $7,913,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Lenox Wealth Management Inc. boosted its position in Walmart by 1.0% during the fourth quarter. Lenox Wealth Management Inc. now owns 10,348 shares of the retailer’s stock worth $969,000 after purchasing an additional 104 shares during the period. Carmichael Hill & Associates Inc. boosted its position in Walmart by 2.0% during the fourth quarter. Carmichael Hill & Associates Inc. now owns 5,502 shares of the retailer’s stock worth $512,000 after purchasing an additional 106 shares during the period. Winch Advisory Services LLC boosted its position in Walmart by 45.1% during the fourth quarter. Winch Advisory Services LLC now owns 344 shares of the retailer’s stock worth $32,000 after purchasing an additional 107 shares during the period. New Capital Management LP boosted its position in Walmart by 18.0% during the fourth quarter. New Capital Management LP now owns 720 shares of the retailer’s stock worth $67,000 after purchasing an additional 110 shares during the period. Finally, Bath Savings Trust Co boosted its position in Walmart by 3.8% during the fourth quarter. Bath Savings Trust Co now owns 3,247 shares of the retailer’s stock worth $302,000 after purchasing an additional 118 shares during the period. 28.96% of the stock is owned by institutional investors.

A number of equities research analysts have issued reports on the company. Credit Suisse Group reaffirmed a “neutral” rating and set a $103.00 target price on shares of Walmart in a research report on Wednesday, February 20th. Morgan Stanley set a $113.00 target price on Walmart and gave the stock an “overweight” rating in a research report on Wednesday, February 20th. BMO Capital Markets reaffirmed a “buy” rating and set a $115.00 target price on shares of Walmart in a research report on Thursday, February 21st. Zacks Investment Research lowered Walmart from a “buy” rating to a “hold” rating in a report on Saturday, January 19th. Finally, Bank of America set a $120.00 price target on Walmart and gave the stock a “buy” rating in a report on Wednesday, February 20th. One investment analyst has rated the stock with a sell rating, eighteen have given a hold rating and seventeen have given a buy rating to the company. Walmart presently has a consensus rating of “Hold” and an average target price of $105.82.

In other news, EVP Jacqueline P. Canney sold 980 shares of the stock in a transaction on Wednesday, February 20th. The stock was sold at an average price of $99.03, for a total transaction of $97,049.40. Following the sale, the executive vice president now owns 54,588 shares in the company, valued at $5,405,849.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Alice L. Walton sold 1,855,869 shares of the stock in a transaction on Thursday, February 21st. The stock was sold at an average price of $99.56, for a total value of $184,770,317.64. Following the sale, the insider now owns 15,557,224 shares in the company, valued at approximately $1,548,877,221.44. The disclosure for this sale can be found here. Insiders have sold 14,240,978 shares of company stock worth $1,406,078,670 in the last 90 days. Company insiders own 51.11% of the company’s stock.

NYSE:WMT traded down $1.99 during trading hours on Friday, reaching $101.53. The company had a trading volume of 7,958,613 shares, compared to its average volume of 7,084,665. Walmart Inc has a one year low of $81.78 and a one year high of $106.21. The stock has a market capitalization of $305.33 billion, a price-to-earnings ratio of 20.68, a price-to-earnings-growth ratio of 4.74 and a beta of 0.34. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.80 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Tuesday, February 19th. The retailer reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.08. The firm had revenue of $137.74 billion for the quarter, compared to analysts’ expectations of $137.63 billion. Walmart had a return on equity of 18.60% and a net margin of 1.30%. The business’s revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.33 earnings per share. Research analysts expect that Walmart Inc will post 4.75 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Friday, May 10th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Thursday, May 9th. Walmart’s payout ratio is presently 43.18%.

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Walmart Company Profile

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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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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