Walmart Inc. (NYSE:WMT) Shares Purchased by Financial Engines Advisors L.L.C.

Financial Engines Advisors L.L.C. grew its position in shares of Walmart Inc. (NYSE:WMT) by 247.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 15,258 shares of the retailer’s stock after purchasing an additional 10,861 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in Walmart were worth $1,379,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. FPC Investment Advisory Inc. acquired a new position in shares of Walmart in the 4th quarter worth approximately $25,000. Fiduciary Advisors Inc. acquired a new position in Walmart in the fourth quarter worth approximately $27,000. Decker Retirement Planning Inc. acquired a new position in Walmart in the fourth quarter worth approximately $32,000. Noble Wealth Management PBC bought a new position in shares of Walmart in the fourth quarter valued at $37,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of Walmart during the 3rd quarter valued at $43,000. Institutional investors own 26.76% of the company’s stock.

Walmart Stock Up 0.4 %

Shares of Walmart stock opened at $85.13 on Thursday. Walmart Inc. has a 12-month low of $58.56 and a 12-month high of $105.30. The stock has a market capitalization of $682.45 billion, a P/E ratio of 35.32, a PEG ratio of 4.42 and a beta of 0.53. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The stock has a 50 day moving average price of $94.87 and a two-hundred day moving average price of $89.22.

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

Walmart Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Stockholders of record on Friday, December 12th will be given a $0.235 dividend. 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 39.00%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Tigress Financial boosted their target price on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. UBS Group restated a “buy” rating on shares of Walmart in a report on Friday, February 28th. Royal Bank of Canada decreased their target price on shares of Walmart from $109.00 to $107.00 and set an “outperform” rating for the company in a report on Friday, February 21st. Citigroup restated a “positive” rating on shares of Walmart in a report on Thursday, February 20th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating on shares of Walmart in a research note on Friday, February 28th. Two research analysts have rated the stock with a hold rating, thirty have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $103.17.

Insider Transactions at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,600 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total value of $166,384.00. Following the sale, the executive vice president now directly owns 423,597 shares in the company, valued at $44,049,852.03. This trade represents a 0.38 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $92.62, for a total transaction of $2,697,464.88. Following the transaction, the chief executive officer now directly owns 3,766,491 shares of the company’s stock, valued at $348,852,396.42. This represents a 0.77 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 147,528 shares of company stock worth $14,096,140. 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.