Ifrah Financial Services Inc. trimmed its position in shares of Walmart Inc (NYSE:WMT) by 4.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,064 shares of the retailer’s stock after selling 983 shares during the quarter. Ifrah Financial Services Inc.’s holdings in Walmart were worth $1,883,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Lenox Wealth Advisors Inc. increased its holdings in shares of Walmart by 13,287.5% during the 4th quarter. Lenox Wealth Advisors Inc. now owns 1,071 shares of the retailer’s stock valued at $106,000 after purchasing an additional 1,063 shares in the last quarter. Thompson Davis & CO. Inc. increased its holdings in shares of Walmart by 456.9% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 1,526 shares of the retailer’s stock valued at $115,000 after purchasing an additional 1,252 shares in the last quarter. Cerebellum GP LLC purchased a new position in shares of Walmart during the 4th quarter valued at approximately $127,000. Almanack Investment Partners LLC. purchased a new position in shares of Walmart during the 2nd quarter valued at approximately $149,000. Finally, Cable Hill Partners LLC increased its holdings in shares of Walmart by 8,165.4% during the 3rd quarter. Cable Hill Partners LLC now owns 2,149 shares of the retailer’s stock valued at $168,000 after purchasing an additional 2,123 shares in the last quarter. 30.03% of the stock is owned by hedge funds and other institutional investors.
Shares of Walmart Inc (WMT) opened at $88.72 on Monday. Walmart Inc has a one year low of $69.33 and a one year high of $109.98. The company has a current ratio of 0.76, a quick ratio of 0.20 and a debt-to-equity ratio of 0.46. The stock has a market cap of $262,820.00, a price-to-earnings ratio of 27.73, a price-to-earnings-growth ratio of 3.14 and a beta of 0.57.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 2nd. Shareholders of record on Friday, December 7th will be paid a dividend of $0.52 per share. The ex-dividend date is Thursday, December 6th. This represents a $2.08 annualized dividend and a yield of 2.34%. Walmart’s dividend payout ratio (DPR) is presently 65.00%.
Several research firms have recently weighed in on WMT. Goldman Sachs Group lowered shares of Walmart from a “buy” rating to a “neutral” rating and set a $100.00 target price for the company. in a report on Monday, November 20th. They noted that the move was a valuation call. Barclays lifted their target price on shares of Walmart to $120.00 and gave the company an “overweight” rating in a report on Friday, January 26th. Zacks Investment Research raised shares of Walmart from a “hold” rating to a “buy” rating and set a $117.00 target price for the company in a report on Wednesday, February 21st. Oppenheimer set a $93.00 target price on shares of Walmart and gave the company a “neutral” rating in a report on Friday, March 2nd. Finally, Vetr cut shares of Walmart from a “hold” rating to a “sell” rating and set a $91.97 price target on the stock. in a research note on Friday, November 17th. Nineteen equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $102.40.
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Walmart Inc, formerly Wal-Mart Stores, Inc, is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club.
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