Walmart Inc (WMT) Shares Sold by BTIM Corp.

BTIM Corp. cut its holdings in shares of Walmart Inc (NYSE:WMT) by 20.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,557 shares of the retailer’s stock after selling 1,185 shares during the quarter. BTIM Corp.’s holdings in Walmart were worth $444,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Vanguard Group Inc increased its holdings in Walmart by 0.9% in the 3rd quarter. Vanguard Group Inc now owns 125,244,695 shares of the retailer’s stock worth $11,761,729,000 after acquiring an additional 1,110,593 shares during the last quarter. FMR LLC increased its holdings in Walmart by 14.6% in the 4th quarter. FMR LLC now owns 23,977,936 shares of the retailer’s stock worth $2,233,545,000 after acquiring an additional 3,058,978 shares during the last quarter. Geode Capital Management LLC increased its holdings in Walmart by 9.2% in the 4th quarter. Geode Capital Management LLC now owns 18,148,619 shares of the retailer’s stock worth $1,687,500,000 after acquiring an additional 1,532,362 shares during the last quarter. Northern Trust Corp increased its holdings in Walmart by 1.8% in the 4th quarter. Northern Trust Corp now owns 17,598,778 shares of the retailer’s stock worth $1,639,326,000 after acquiring an additional 310,609 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund increased its holdings in Walmart by 2,899.4% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 14,543,323 shares of the retailer’s stock worth $156,000 after acquiring an additional 14,058,442 shares during the last quarter. 28.96% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts recently weighed in on the company. Credit Suisse Group reissued a “neutral” rating and issued a $103.00 price objective on shares of Walmart in a report on Wednesday, February 20th. Morgan Stanley set a $113.00 price objective on Walmart and gave the stock an “overweight” rating in a report on Wednesday, February 20th. BMO Capital Markets reissued a “buy” rating and issued a $115.00 price objective on shares of Walmart in a report on Thursday, February 21st. Bank of America set a $120.00 price objective on Walmart and gave the stock a “buy” rating in a report on Wednesday, February 20th. Finally, Sanford C. Bernstein raised Walmart from a “market perform” rating to an “outperform” rating and set a $101.80 price objective for the company in a report on Thursday, May 2nd. Two investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and eighteen have given a buy rating to the company. Walmart presently has an average rating of “Hold” and a consensus price target of $107.13.

In other news, Director S Robson Walton sold 1,139,696 shares of Walmart stock in a transaction dated Wednesday, February 20th. The stock was sold at an average price of $99.72, for a total transaction of $113,650,485.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Alice L. Walton sold 1,855,869 shares of Walmart stock in a transaction dated Thursday, February 21st. The shares were sold at an average price of $99.56, for a total value of $184,770,317.64. Following the sale, the insider now owns 15,557,224 shares of the company’s stock, valued at approximately $1,548,877,221.44. The disclosure for this sale can be found here. In the last quarter, insiders have sold 14,255,221 shares of company stock valued at $1,407,521,976. Corporate insiders own 51.11% of the company’s stock.

Shares of WMT opened at $100.86 on Monday. The stock has a market cap of $298.79 billion, a PE ratio of 20.54, a price-to-earnings-growth ratio of 4.62 and a beta of 0.36. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.89. Walmart Inc has a 12-month low of $81.78 and a 12-month high of $106.21.

Walmart (NYSE:WMT) last issued its quarterly earnings results on Thursday, May 16th. The retailer reported $1.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.02 by $0.11. The firm had revenue of $122.95 billion during the quarter, compared to the consensus estimate of $124.51 billion. Walmart had a return on equity of 18.66% and a net margin of 1.62%. The company’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter last year, the company posted $1.14 EPS. On average, equities analysts forecast that Walmart Inc will post 4.79 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Friday, May 10th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.10%. Walmart’s dividend payout ratio (DPR) is presently 43.18%.

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About Walmart

Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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