Everpar Advisors LLC Purchases New Holdings in Walmart Inc. (NYSE:WMT)

Everpar Advisors LLC acquired a new stake in Walmart Inc. (NYSE:WMT) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 6,043 shares of the retailer’s stock, valued at approximately $953,000.

Other hedge funds also recently bought and sold shares of the company. Authentikos Wealth Advisory LLC acquired a new stake in Walmart in the 3rd quarter valued at about $25,000. Signature Resources Capital Management LLC acquired a new stake in shares of Walmart during the 4th quarter worth approximately $35,000. Kepos Capital LP acquired a new stake in shares of Walmart during the 3rd quarter worth approximately $40,000. Milestone Investment Advisors LLC acquired a new stake in shares of Walmart during the 3rd quarter worth approximately $41,000. Finally, Fortitude Family Office LLC acquired a new stake in shares of Walmart during the 4th quarter worth approximately $45,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Oppenheimer cut their price target on shares of Walmart to $67.00 and set an “outperform” rating for the company in a report on Monday, February 26th. Morgan Stanley cut their price target on shares of Walmart to $66.67 and set an “overweight” rating for the company in a report on Monday, February 26th. Tigress Financial lifted their target price on shares of Walmart from $65.00 to $75.00 and gave the company a “buy” rating in a report on Wednesday, March 13th. UBS Group lifted their target price on shares of Walmart from $63.00 to $69.00 and gave the company a “buy” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. lifted their target price on shares of Walmart from $54.33 to $58.67 and gave the company a “neutral” rating in a report on Monday, February 19th. Four analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $61.94.

Insider Transactions at Walmart

In other news, Director S Robson Walton sold 5,816,175 shares of the business’s stock in a transaction dated 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 directly owns 677,052,654 shares in the company, valued at $39,237,458,141.48. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Director S Robson Walton sold 5,816,175 shares of the business’s stock in a transaction dated 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 sale, the director now owns 677,052,654 shares of the company’s stock, valued at $39,237,458,141.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John R. Furner sold 13,125 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $59.51, for a total transaction of $781,068.75. Following the sale, the executive vice president now directly owns 219,547 shares in the company, valued at approximately $13,065,241.97. The disclosure for this sale can be found here. Insiders have sold a total of 29,019,140 shares of company stock worth $1,696,045,631 over the last ninety days. 46.51% of the stock is currently owned by company insiders.

Walmart Stock Performance

NYSE WMT traded down $0.32 during trading on Wednesday, reaching $60.30. The company’s stock had a trading volume of 10,889,715 shares, compared to its average volume of 18,387,223. 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 firm has a market cap of $485.90 billion, a price-to-earnings ratio of 31.52, a P/E/G ratio of 3.91 and a beta of 0.49. Walmart Inc. has a twelve month low of $48.34 and a twelve month high of $61.65. The business’s fifty day moving average price is $60.08 and its 200-day moving average price is $56.12.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Tuesday, February 20th. The retailer reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for 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. The business’s revenue was up 5.7% compared to the same quarter last year. As a group, analysts anticipate that Walmart Inc. will post 2.36 EPS for the current fiscal year.

Walmart Announces Dividend

The company 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 dividend of $0.2075 per share. 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 1.38%. Walmart’s dividend payout ratio (DPR) 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.