Fiducient Advisors LLC Buys 3,329 Shares of Walmart Inc. (NYSE:WMT)

Fiducient Advisors LLC boosted its stake in Walmart Inc. (NYSE:WMT) by 182.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,155 shares of the retailer’s stock after acquiring an additional 3,329 shares during the quarter. Fiducient Advisors LLC’s holdings in Walmart were worth $814,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in WMT. SeaTown Holdings Pte. Ltd. increased its stake in Walmart by 26.6% in the 3rd quarter. SeaTown Holdings Pte. Ltd. now owns 252,600 shares of the retailer’s stock valued at $40,398,000 after buying an additional 53,000 shares during the last quarter. Railway Pension Investments Ltd increased its stake in shares of Walmart by 28.0% during the 3rd quarter. Railway Pension Investments Ltd now owns 767,013 shares of the retailer’s stock worth $122,668,000 after purchasing an additional 167,800 shares during the last quarter. Mackenzie Financial Corp increased its stake in shares of Walmart by 1.5% during the 3rd quarter. Mackenzie Financial Corp now owns 1,480,971 shares of the retailer’s stock worth $235,608,000 after purchasing an additional 21,899 shares during the last quarter. Capital Wealth Planning LLC increased its stake in shares of Walmart by 32.5% during the 3rd quarter. Capital Wealth Planning LLC now owns 2,117,190 shares of the retailer’s stock worth $338,602,000 after purchasing an additional 518,896 shares during the last quarter. Finally, Pittenger & Anderson Inc. increased its stake in shares of Walmart by 0.7% during the 3rd quarter. Pittenger & Anderson Inc. now owns 48,468 shares of the retailer’s stock worth $7,751,000 after purchasing an additional 325 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Insider Transactions at Walmart

In related news, major shareholder Jim C. Walton sold 2,000 shares of Walmart stock in a transaction on Monday, February 26th. The shares were sold at an average price of $58.78, for a total value of $117,560.00. Following the transaction, the insider now directly owns 656,395,261 shares of the company’s stock, valued at $38,582,913,441.58. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Walmart news, Director S Robson Walton sold 14,685,327 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $58.61, for a total transaction of $860,755,966.56. Following the transaction, the director now owns 656,397,261 shares in the company, valued at approximately $38,473,631,458.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Jim C. Walton sold 2,000 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $58.78, for a total transaction of $117,560.00. Following the transaction, the insider now owns 656,395,261 shares in the company, valued at approximately $38,582,913,441.58. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,019,140 shares of company stock worth $1,696,035,551. 46.51% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Evercore ISI lowered their price objective on shares of Walmart from $67.00 to $66.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 16th. Stifel Europe lifted their target price on shares of Walmart from $56.33 to $58.33 in a report on Friday, February 16th. Morgan Stanley reduced their target price on shares of Walmart to $66.67 and set an “overweight” rating for the company in a report on Monday, February 26th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $68.00 target price on shares of Walmart in a report on Wednesday, March 27th. Finally, StockNews.com raised shares of Walmart from a “buy” rating to a “strong-buy” rating in a report on Wednesday, February 21st. Four research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $61.75.

Walmart Price Performance

Shares of WMT stock traded down $0.92 during trading hours on Tuesday, reaching $59.32. The stock had a trading volume of 14,196,731 shares, compared to its average volume of 18,705,756. The stock’s fifty day simple moving average is $59.99 and its 200 day simple moving average is $55.90. The company has a current ratio of 0.83, a quick ratio of 0.24 and a debt-to-equity ratio of 0.46. Walmart Inc. has a 12 month low of $48.34 and a 12 month high of $61.65. The firm has a market capitalization of $478.11 billion, a PE ratio of 31.00, a PEG ratio of 3.93 and a beta of 0.49.

Walmart (NYSE:WMT) last announced its earnings results on Tuesday, February 20th. The retailer reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.05. Walmart had a net margin of 2.39% and a return on equity of 21.08%. The business had revenue of $173.40 billion during the quarter, compared to analyst estimates of $170.85 billion. During the same period in the previous year, the business posted $0.57 earnings per share. Walmart’s revenue for the quarter was up 5.7% on a year-over-year basis. On average, equities research analysts predict that Walmart Inc. will post 2.36 EPS for the current year.

Walmart Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Friday, December 13th will be issued a $0.2075 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.40%. Walmart’s payout ratio is 43.38%.

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.