Great Valley Advisor Group Inc. Purchases 891 Shares of Walmart Inc. (NYSE:WMT)

Great Valley Advisor Group Inc. boosted its position in Walmart Inc. (NYSE:WMTGet Rating) by 4.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,495 shares of the retailer’s stock after acquiring an additional 891 shares during the period. Great Valley Advisor Group Inc.’s holdings in Walmart were worth $2,899,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Zhang Financial LLC grew its holdings in Walmart by 68.7% in the 4th quarter. Zhang Financial LLC now owns 2,800 shares of the retailer’s stock worth $405,000 after acquiring an additional 1,140 shares during the last quarter. SC&H Financial Advisors Inc. bought a new stake in Walmart in the 4th quarter worth $538,000. Woodley Farra Manion Portfolio Management Inc. grew its holdings in Walmart by 1.2% in the 4th quarter. Woodley Farra Manion Portfolio Management Inc. now owns 9,669 shares of the retailer’s stock worth $1,399,000 after acquiring an additional 113 shares during the last quarter. Nwam LLC grew its holdings in Walmart by 453.2% in the 4th quarter. Nwam LLC now owns 31,330 shares of the retailer’s stock worth $4,533,000 after acquiring an additional 25,667 shares during the last quarter. Finally, Texas Yale Capital Corp. boosted its stake in shares of Walmart by 2.0% during the 4th quarter. Texas Yale Capital Corp. now owns 26,392 shares of the retailer’s stock valued at $3,819,000 after purchasing an additional 530 shares in the last quarter. 30.79% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft cut their target price on shares of Walmart from $184.00 to $181.00 in a research note on Monday. Cowen cut their target price on shares of Walmart from $175.00 to $165.00 in a research note on Monday, February 14th. Morgan Stanley cut their target price on shares of Walmart from $170.00 to $165.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 22nd. DA Davidson lifted their target price on shares of Walmart from $168.00 to $171.00 and gave the company a “buy” rating in a research note on Friday, April 8th. Finally, UBS Group set a $180.00 price objective on shares of Walmart in a research note on Tuesday, February 8th. Seven research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $166.46.

In related news, major shareholder Alice L. Walton sold 1,167,433 shares of the business’s stock in a transaction that occurred on Wednesday, March 2nd. The shares were sold at an average price of $136.20, for a total transaction of $159,004,374.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO C Douglas Mcmillon sold 9,708 shares of the business’s stock in a transaction that occurred on Thursday, February 24th. The shares were sold at an average price of $134.78, for a total transaction of $1,308,444.24. The disclosure for this sale can be found here. Insiders have sold 1,426,790 shares of company stock valued at $195,406,267 over the last three months. 48.44% of the stock is owned by corporate insiders.

Shares of WMT traded down $13.32 during mid-day trading on Tuesday, hitting $134.89. 965,065 shares of the company traded hands, compared to its average volume of 7,040,231. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.28 and a current ratio of 0.93. The stock has a 50-day moving average price of $150.47 and a two-hundred day moving average price of $144.63. Walmart Inc. has a 1 year low of $132.01 and a 1 year high of $160.77. The stock has a market cap of $371.32 billion, a price-to-earnings ratio of 27.64, a P/E/G ratio of 3.99 and a beta of 0.49.

Walmart (NYSE:WMTGet Rating) last released its quarterly earnings data on Tuesday, May 17th. The retailer reported $1.30 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.18). Walmart had a net margin of 2.39% and a return on equity of 20.42%. The company had revenue of $141.60 billion for the quarter, compared to analysts’ expectations of $138.05 billion. During the same period in the previous year, the firm earned $1.69 earnings per share. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. On average, analysts forecast that Walmart Inc. will post 6.75 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 3rd. Stockholders of record on Friday, December 9th will be issued a dividend of $0.56 per share. The ex-dividend date of this dividend is Thursday, December 8th. This represents a $2.24 annualized dividend and a dividend yield of 1.66%. Walmart’s payout ratio is 45.90%.

Walmart Company Profile (Get Rating)

Walmart Inc engages in the operation of retail, wholesale, and other units 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; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

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