Y.D. More Investments Ltd Has $700,000 Position in Walmart Inc. (NYSE:WMT)

Y.D. More Investments Ltd grew its holdings in Walmart Inc. (NYSE:WMT) by 19.0% during the 4th quarter, HoldingsChannel reports. The firm owned 4,440 shares of the retailer’s stock after acquiring an additional 710 shares during the quarter. Y.D. More Investments Ltd’s holdings in Walmart were worth $700,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Seven Mile Advisory boosted its position in Walmart by 1.6% during the third quarter. Seven Mile Advisory now owns 3,953 shares of the retailer’s stock valued at $632,000 after acquiring an additional 61 shares during the last quarter. Flynn Zito Capital Management LLC increased its stake in Walmart by 3.9% in the 4th quarter. Flynn Zito Capital Management LLC now owns 1,636 shares of the retailer’s stock valued at $258,000 after buying an additional 61 shares during the last quarter. ICW Investment Advisors LLC increased its stake in Walmart by 0.4% in the 4th quarter. ICW Investment Advisors LLC now owns 15,451 shares of the retailer’s stock valued at $2,436,000 after buying an additional 62 shares during the last quarter. Avaii Wealth Management LLC increased its stake in Walmart by 3.4% in the 3rd quarter. Avaii Wealth Management LLC now owns 1,908 shares of the retailer’s stock valued at $305,000 after buying an additional 63 shares during the last quarter. Finally, Bill Few Associates Inc. increased its stake in Walmart by 1.1% in the 4th quarter. Bill Few Associates Inc. now owns 5,806 shares of the retailer’s stock valued at $915,000 after buying an additional 64 shares during the last quarter. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Price Performance

Shares of NYSE:WMT traded down $0.50 during midday trading on Wednesday, reaching $58.85. 15,335,533 shares of the company were exchanged, compared to its average volume of 18,665,828. The company has a current ratio of 0.83, a quick ratio of 0.24 and a debt-to-equity ratio of 0.46. The business’s fifty day moving average is $59.99 and its two-hundred day moving average is $55.90. Walmart Inc. has a one year low of $48.34 and a one year high of $61.65. The stock has a market cap of $474.32 billion, a PE ratio of 30.87, a price-to-earnings-growth ratio of 3.93 and a beta of 0.49.

Walmart (NYSE:WMT) last posted its earnings results on Tuesday, February 20th. The retailer reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.05. Walmart had a net margin of 2.39% and a return on equity of 21.08%. The firm had revenue of $173.40 billion during the quarter, compared to analyst estimates of $170.85 billion. During the same period in the previous year, the firm earned $0.57 EPS. The business’s quarterly revenue was up 5.7% on a year-over-year basis. As a group, analysts predict that Walmart Inc. will post 2.36 earnings per share for the current year.

Walmart Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.2075 per share. The ex-dividend date is Friday, December 13th. This represents a $0.83 dividend on an annualized basis and a yield of 1.41%. Walmart’s dividend payout ratio (DPR) is presently 43.38%.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction that occurred on Thursday, April 25th. The shares were sold at an average price of $60.03, for a total transaction of $1,748,313.72. Following the sale, the chief executive officer now directly owns 4,018,650 shares in the company, valued at $241,239,559.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Walmart news, Director S Robson Walton sold 14,685,327 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $58.61, for a total transaction of $860,755,966.56. Following the transaction, the director now directly owns 656,397,261 shares in the company, valued at $38,473,631,458.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of the company’s stock in a transaction dated Thursday, April 25th. The stock was sold at an average price of $60.03, for a total transaction of $1,748,313.72. Following the transaction, the chief executive officer now owns 4,018,650 shares in the company, valued at $241,239,559.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 29,019,140 shares of company stock worth $1,696,035,551. Company insiders own 46.51% of the company’s stock.

Analyst Upgrades and Downgrades

WMT has been the subject of several research analyst reports. Telsey Advisory Group restated an “outperform” rating and set a $68.00 price target on shares of Walmart in a research note on Wednesday, March 27th. JPMorgan Chase & Co. raised their price target on shares of Walmart from $54.33 to $58.67 and gave the company a “neutral” rating in a report on Monday, February 19th. Evercore ISI decreased their target price on shares of Walmart from $67.00 to $66.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 16th. Stifel Nicolaus reiterated a “hold” rating on shares of Walmart in a research report on Wednesday, March 13th. Finally, Stifel Europe lifted their target price on shares of Walmart from $56.33 to $58.33 in a research report on Friday, February 16th. Four investment analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.75.

Walmart Profile

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