Kelly Lawrence W & Associates Inc. CA purchased a new position in Walmart Inc. (NYSE:WMT – Get Rating) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 740 shares of the retailer’s stock, valued at approximately $107,000.
A number of other hedge funds have also bought and sold shares of the business. Geode Capital Management LLC grew its holdings in Walmart by 5.3% during the 3rd quarter. Geode Capital Management LLC now owns 24,037,470 shares of the retailer’s stock valued at $3,340,571,000 after buying an additional 1,203,360 shares in the last quarter. Morgan Stanley raised its holdings in shares of Walmart by 2.0% during the 3rd quarter. Morgan Stanley now owns 14,390,040 shares of the retailer’s stock worth $2,005,682,000 after acquiring an additional 280,795 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Walmart by 5.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,601,132 shares of the retailer’s stock valued at $1,533,877,000 after acquiring an additional 584,227 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Walmart by 3.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 10,526,788 shares of the retailer’s stock valued at $1,523,024,000 after purchasing an additional 341,661 shares in the last quarter. Finally, Invesco Ltd. increased its position in Walmart by 54.6% in the third quarter. Invesco Ltd. now owns 7,529,531 shares of the retailer’s stock worth $1,049,467,000 after purchasing an additional 2,658,281 shares during the last quarter. Institutional investors and hedge funds own 30.79% of the company’s stock.
In related news, major shareholder Alice L. Walton sold 1,167,433 shares of the firm’s stock in a transaction 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 transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP John R. Furner sold 15,100 shares of the company’s stock in a transaction dated Friday, February 18th. The stock was sold at an average price of $138.07, for a total transaction of $2,084,857.00. The disclosure for this sale can be found here. Insiders sold a total of 1,426,790 shares of company stock worth $195,406,267 over the last ninety days. Insiders own 48.44% of the company’s stock.
Shares of NYSE:WMT traded down $3.27 on Thursday, hitting $119.16. 945,773 shares of the company were exchanged, compared to its average volume of 7,153,185. The firm has a market capitalization of $328.02 billion, a P/E ratio of 25.68, a price-to-earnings-growth ratio of 3.99 and a beta of 0.49. The company has a current ratio of 0.93, a quick ratio of 0.28 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 1-year low of $121.53 and a 1-year high of $160.77. The stock’s 50 day moving average price is $149.91 and its 200 day moving average price is $144.38.
Walmart (NYSE:WMT – Get Rating) last posted its quarterly earnings results 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 firm had revenue of $141.60 billion for the quarter, compared to analysts’ expectations of $138.05 billion. During the same quarter in the previous year, the firm posted $1.69 EPS. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. On average, equities analysts predict that Walmart Inc. will post 6.75 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 3rd. Shareholders of record on Friday, December 9th will be paid a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 1.88%. The ex-dividend date is Thursday, December 8th. Walmart’s payout ratio is 48.17%.
About Walmart (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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