First Command Advisory Services Inc. Has $2.03 Million Position in Walmart Inc. (NYSE:WMT)

First Command Advisory Services Inc. cut its stake in Walmart Inc. (NYSE:WMT) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,485 shares of the retailer’s stock after selling 235 shares during the quarter. First Command Advisory Services Inc.’s holdings in Walmart were worth $2,032,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. FPC Investment Advisory Inc. acquired a new stake in Walmart during the fourth quarter worth about $25,000. Fiduciary Advisors Inc. acquired a new position in Walmart during the fourth quarter valued at approximately $27,000. Peterson Financial Group Inc. bought a new stake in Walmart during the third quarter worth $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart in the 4th quarter valued at $32,000. Finally, Voisard Asset Management Group Inc. boosted its holdings in shares of Walmart by 77.3% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after purchasing an additional 174 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Trading Down 1.6 %

Shares of WMT stock opened at $96.11 on Thursday. 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 firm has a market cap of $772.10 billion, a P/E ratio of 39.88, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55. The business has a 50-day moving average price of $95.70 and a two-hundred day moving average price of $87.17. Walmart Inc. has a 12-month low of $58.20 and a 12-month high of $105.30.

Walmart (NYSE:WMT) last released its earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating the consensus estimate of $0.64 by $0.02. The company had revenue of $180.55 billion for 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 anticipate that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be given a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date is Friday, December 12th. Walmart’s payout ratio is currently 39.00%.

Insiders Place Their Bets

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $92.35, for a total value of $2,689,601.40. Following the sale, the chief executive officer now directly owns 3,785,702 shares of the company’s stock, valued at $349,609,579.70. This represents a 0.76 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Daniel J. Bartlett sold 1,830 shares of the business’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the sale, the executive vice president now directly owns 460,705 shares in the company, valued at $41,956,404.35. This trade represents a 0.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 146,528 shares of company stock worth $13,849,185. 45.58% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on WMT shares. Royal Bank of Canada decreased their target price on Walmart from $109.00 to $107.00 and set an “outperform” rating on the stock in a research report on Friday, February 21st. Tigress Financial upped their price target on Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, December 13th. Barclays upped their target price on Walmart from $98.00 to $108.00 and gave the company an “overweight” rating in a report on Friday, February 14th. UBS Group dropped their price target on shares of Walmart from $113.00 to $112.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Finally, Bank of America lifted their target price on shares of Walmart from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Walmart has a consensus rating of “Buy” and an average price target of $103.07.

Walmart Company 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.