Y.D. More Investments Ltd Has $700,000 Position in Walmart Inc. (NYSE:WMT)

Y.D. More Investments Ltd grew its position in Walmart Inc. (NYSE:WMT) by 19.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,440 shares of the retailer’s stock after buying an additional 710 shares during the quarter. Y.D. More Investments Ltd’s holdings in Walmart were worth $700,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. RB Capital Management LLC grew its holdings in Walmart by 2.0% during the 4th quarter. RB Capital Management LLC now owns 9,892 shares of the retailer’s stock worth $1,559,000 after acquiring an additional 190 shares during the last quarter. Orion Capital Management LLC raised its stake in Walmart by 47.9% during the fourth quarter. Orion Capital Management LLC now owns 463 shares of the retailer’s stock worth $73,000 after buying an additional 150 shares during the last quarter. Essex Financial Services Inc. raised its stake in Walmart by 18.8% during the fourth quarter. Essex Financial Services Inc. now owns 10,713 shares of the retailer’s stock worth $1,689,000 after buying an additional 1,696 shares during the last quarter. Triumph Capital Management bought a new position in Walmart during the fourth quarter worth $342,000. Finally, ICW Investment Advisors LLC raised its stake in Walmart by 0.4% during the fourth quarter. ICW Investment Advisors LLC now owns 15,451 shares of the retailer’s stock worth $2,436,000 after buying an additional 62 shares during the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Down 0.8 %

Shares of Walmart stock traded down $0.50 during trading on Wednesday, hitting $58.85. The company’s stock had a trading volume of 15,335,533 shares, compared to its average volume of 18,665,828. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.24 and a current ratio of 0.83. The company has a fifty day simple moving average of $59.99 and a two-hundred day simple moving average of $55.90. The company has a market capitalization of $474.32 billion, a PE ratio of 30.87, a P/E/G ratio of 3.93 and a beta of 0.49. Walmart Inc. has a 52 week low of $48.34 and a 52 week high of $61.65.

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

Walmart Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Friday, December 13th will be paid a $0.2075 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.41%. Walmart’s dividend payout ratio is presently 43.38%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Tigress Financial lifted their target price on shares of Walmart from $65.00 to $75.00 and gave the stock a “buy” rating in a research note on Wednesday, March 13th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Walmart from $62.00 to $63.33 and gave the company a “buy” rating in a research note on Friday, February 16th. Stifel Nicolaus reissued a “hold” rating on shares of Walmart in a research report on Wednesday, March 13th. Telsey Advisory Group reiterated an “outperform” rating and issued a $68.00 target price on shares of Walmart in a research note on Wednesday, March 27th. Finally, Evercore ISI dropped their price target 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. Four analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Walmart currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.75.

Insider Buying and Selling

In other Walmart news, SVP David Chojnowski sold 10,950 shares of Walmart stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $58.33, for a total transaction of $638,750.00. Following the transaction, the senior vice president now owns 104,346 shares of the company’s stock, valued at $6,086,850. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Walmart news, SVP David Chojnowski sold 10,950 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $58.33, for a total transaction of $638,750.00. Following the transaction, the senior vice president now owns 104,346 shares in the company, valued at $6,086,850. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director S Robson Walton sold 5,816,175 shares of the business’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $57.95, for a total transaction of $337,066,728.50. Following the transaction, the director now owns 677,052,654 shares in the company, valued at approximately $39,237,458,141.48. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,019,140 shares of company stock valued at $1,696,035,551. 46.51% of the stock is owned by insiders.

Walmart 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.