Brandywine Global Investment Management LLC Has $149,000 Holdings in Walmart Inc (WMT)

Brandywine Global Investment Management LLC cut its position in Walmart Inc (NYSE:WMT) by 99.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,597 shares of the retailer’s stock after selling 1,293,456 shares during the period. Brandywine Global Investment Management LLC’s holdings in Walmart were worth $149,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of WMT. Oregon Public Employees Retirement Fund increased its position in shares of Walmart by 2,899.4% during the fourth 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 in the last quarter. AQR Capital Management LLC increased its position in shares of Walmart by 27.2% during the third quarter. AQR Capital Management LLC now owns 12,208,910 shares of the retailer’s stock worth $1,146,539,000 after acquiring an additional 2,608,732 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Walmart by 9.2% during the fourth 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 in the last quarter. Acadian Asset Management LLC increased its position in shares of Walmart by 493.9% during the fourth quarter. Acadian Asset Management LLC now owns 1,732,659 shares of the retailer’s stock worth $161,400,000 after acquiring an additional 1,440,922 shares in the last quarter. Finally, Vanguard Group Inc increased its position in shares of Walmart by 0.9% during the third 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 in the last quarter. 28.94% of the stock is owned by institutional investors.

Shares of WMT stock opened at $102.93 on Wednesday. The firm has a market capitalization of $300.86 billion, a price-to-earnings ratio of 20.96, a PEG ratio of 4.67 and a beta of 0.34. The company has a quick ratio of 0.23, a current ratio of 0.80 and a debt-to-equity ratio of 0.63. Walmart Inc has a one year low of $81.78 and a one year high of $106.21.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Tuesday, February 19th. The retailer reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.08. The firm had revenue of $137.74 billion during the quarter, compared to analysts’ expectations of $137.63 billion. Walmart had a net margin of 1.30% and a return on equity of 18.60%. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.33 earnings per share. As a group, equities research analysts predict that Walmart Inc will post 4.75 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Friday, May 10th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend is Thursday, May 9th. Walmart’s dividend payout ratio is currently 43.18%.

Several equities research analysts have recently issued reports on the stock. Credit Suisse Group reissued a “neutral” rating and set a $103.00 price objective on shares of Walmart in a research report on Wednesday, February 20th. Morgan Stanley set a $113.00 target price on shares of Walmart and gave the company an “overweight” rating in a research report on Wednesday, February 20th. BMO Capital Markets reaffirmed a “buy” rating and issued a $115.00 target price on shares of Walmart in a research report on Thursday, February 21st. Zacks Investment Research downgraded shares of Walmart from a “buy” rating to a “hold” rating in a research report on Saturday, January 19th. Finally, Bank of America set a $120.00 target price on shares of Walmart and gave the company a “buy” rating in a research report on Wednesday, February 20th. One analyst has rated the stock with a sell rating, eighteen have given a hold rating and seventeen have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $105.82.

In other Walmart news, major shareholder Alice L. Walton sold 1,855,869 shares of the stock in a transaction on 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 completion of the sale, the insider now owns 15,557,224 shares in the company, valued at $1,548,877,221.44. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider John R. Furner sold 10,427 shares of the stock in a transaction on Wednesday, February 20th. The shares were sold at an average price of $101.81, for a total transaction of $1,061,572.87. The disclosure for this sale can be found here. In the last quarter, insiders sold 14,240,978 shares of company stock valued at $1,406,078,670. Corporate insiders own 51.11% of the company’s stock.

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Walmart Company Profile

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.

Further Reading: Ex-Dividend

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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