Haven Private LLC acquired a new position in shares of Walmart Inc. (NYSE:WMT - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 40,475 shares of the retailer's stock, valued at approximately $3,657,000. Walmart makes up approximately 2.0% of Haven Private LLC's investment portfolio, making the stock its 10th largest holding.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WMT. Novus Advisors LLC purchased a new position in shares of Walmart during the 4th quarter valued at $710,000. Andra AP fonden lifted its position in Walmart by 27.2% during the 4th quarter. Andra AP fonden now owns 482,400 shares of the retailer's stock worth $43,585,000 after acquiring an additional 103,100 shares during the last quarter. Jackson Creek Investment Advisors LLC acquired a new position in shares of Walmart during the fourth quarter valued at about $626,000. BBR Partners LLC raised its position in shares of Walmart by 17.1% during the fourth quarter. BBR Partners LLC now owns 78,931 shares of the retailer's stock valued at $7,131,000 after buying an additional 11,533 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in Walmart by 4.6% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 19,733 shares of the retailer's stock valued at $1,783,000 after acquiring an additional 868 shares during the period. 26.76% of the stock is currently owned by hedge funds and other institutional investors.
Shares of WMT stock opened at $94.59 on Friday. The stock has a market cap of $759.87 billion, a price-to-earnings ratio of 39.25, a PEG ratio of 4.42 and a beta of 0.53. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. Walmart Inc. has a 1-year low of $58.56 and a 1-year high of $105.30. The stock has a 50-day moving average of $96.19 and a 200-day moving average of $88.13.
Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating the consensus estimate of $0.64 by $0.02. Walmart had a return on equity of 21.87% and a net margin of 2.85%. The company had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. On average, equities research analysts forecast that Walmart Inc. will post 2.55 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be given a dividend of $0.235 per share. The ex-dividend date is Friday, December 12th. This represents a $0.94 annualized dividend and a dividend yield of 0.99%. Walmart's dividend payout ratio is currently 39.00%.
Several brokerages have weighed in on WMT. UBS Group reaffirmed a "buy" rating on shares of Walmart in a research note on Friday, February 28th. Barclays reiterated an "overweight" rating on shares of Walmart in a report on Friday, February 28th. Sanford C. Bernstein raised their price objective on shares of Walmart from $98.00 to $102.00 and gave the stock an "outperform" rating in a report on Wednesday, November 20th. Truist Financial raised their target price on shares of Walmart from $98.00 to $111.00 and gave the company a "buy" rating in a research report on Tuesday, February 11th. Finally, Robert W. Baird raised their target price on shares of Walmart from $100.00 to $115.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 18th. One analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Walmart has an average rating of "Buy" and an average target price of $103.07.
View Our Latest Report on WMT
In other news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $92.35, for a total transaction of $2,689,601.40. Following the completion of the transaction, the chief executive officer now owns 3,785,702 shares in the company, valued at approximately $349,609,579.70. This represents a 0.76 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $92.60, for a total transaction of $1,215,375.00. Following the completion of the transaction, the executive vice president now owns 566,794 shares of the company's stock, valued at $52,485,124.40. This represents a 2.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 185,777 shares of company stock valued at $17,657,316. Insiders own 45.58% of the company's stock.
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.
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