Walmart Inc. (NYSE:WMT) Stock Position Decreased by Horan Securities Inc.

Horan Securities Inc. decreased its position in Walmart Inc. (NYSE:WMT) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,275 shares of the retailer’s stock after selling 268 shares during the quarter. Horan Securities Inc.’s holdings in Walmart were worth $838,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in WMT. FPC Investment Advisory Inc. acquired a new position in shares of Walmart during the 4th quarter worth $25,000. Fiduciary Advisors Inc. bought a new stake in Walmart in the fourth quarter worth $27,000. Peterson Financial Group Inc. acquired a new position in Walmart during the third quarter worth $26,000. Decker Retirement Planning Inc. bought a new position in Walmart during the fourth quarter valued at about $32,000. Finally, Noble Wealth Management PBC bought a new position in Walmart during the fourth quarter valued at about $37,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Price Performance

Shares of WMT stock opened at $91.68 on Friday. The stock’s fifty day simple moving average is $96.19 and its 200 day simple moving average is $88.35. Walmart Inc. has a one year low of $58.56 and a one year high of $105.30. The firm has a market cap of $736.46 billion, a price-to-earnings ratio of 38.04, a P/E/G ratio of 4.42 and a beta of 0.53. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23.

Walmart (NYSE:WMT) last issued 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 the consensus estimate of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. On average, analysts expect 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. Stockholders of record on Friday, December 12th will be issued a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Friday, December 12th. Walmart’s payout ratio is 39.00%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on WMT shares. Tigress Financial increased their price objective on Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a report on Friday, December 13th. TD Cowen increased their price target on Walmart from $90.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Sanford C. Bernstein upped their price objective on shares of Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Finally, Oppenheimer raised their target price on shares of Walmart from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th. One investment analyst has rated the stock with a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Walmart has a consensus rating of “Buy” and an average target price of $103.07.

Insider Activity

In other Walmart news, EVP Daniel J. Bartlett sold 1,600 shares of Walmart stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total value of $166,384.00. Following the completion of the transaction, the executive vice president now owns 423,597 shares in the company, valued at approximately $44,049,852.03. The trade was a 0.38 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $92.60, for a total value of $1,215,375.00. Following the sale, the executive vice president now owns 566,794 shares in the company, valued at $52,485,124.40. The trade was a 2.26 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 185,777 shares of company stock worth $17,657,316. 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.