10,897 Shares in Walmart Inc. (NYSE:WMT) Acquired by Impact Capital Partners LLC

Impact Capital Partners LLC purchased a new stake in shares of Walmart Inc. (NYSE:WMT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,897 shares of the retailer’s stock, valued at approximately $985,000.

Other large investors have also made changes to their positions in the company. Swedbank AB grew its position in Walmart by 0.4% during the third quarter. Swedbank AB now owns 5,345,293 shares of the retailer’s stock valued at $431,632,000 after purchasing an additional 18,644 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Walmart by 14.9% during the 3rd quarter. Principal Financial Group Inc. now owns 6,235,504 shares of the retailer’s stock worth $503,517,000 after buying an additional 809,352 shares during the period. Versor Investments LP bought a new stake in Walmart in the 3rd quarter valued at $231,000. Harbour Investments Inc. boosted its holdings in Walmart by 6.5% in the 3rd quarter. Harbour Investments Inc. now owns 52,709 shares of the retailer’s stock valued at $4,256,000 after purchasing an additional 3,196 shares during the period. Finally, Empower Advisory Group LLC boosted its holdings in Walmart by 1.8% in the 3rd quarter. Empower Advisory Group LLC now owns 2,966,753 shares of the retailer’s stock valued at $239,565,000 after purchasing an additional 52,897 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In other Walmart news, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $96.15, for a total transaction of $1,261,968.75. Following the completion of the sale, the executive vice president now owns 460,672 shares of the company’s stock, valued at approximately $44,293,612.80. This represents a 2.77 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Daniel J. Bartlett sold 1,830 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total transaction of $166,658.10. Following the sale, the executive vice president now directly owns 460,705 shares of the company’s stock, valued at approximately $41,956,404.35. This trade represents a 0.40 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 185,777 shares of company stock valued at $17,657,316. 45.58% of the stock is currently owned by company insiders.

Walmart Stock Performance

Walmart stock opened at $85.07 on Thursday. The business has a 50 day moving average of $95.96 and a 200-day moving average of $88.59. Walmart Inc. has a 1 year low of $58.56 and a 1 year high of $105.30. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. The company has a market capitalization of $683.43 billion, a P/E ratio of 35.30, a P/E/G ratio of 4.42 and a beta of 0.53.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share (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 predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

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. This represents a $0.94 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date is Friday, December 12th. Walmart’s dividend payout ratio is presently 39.00%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. TD Cowen raised their price objective on shares of Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. UBS Group reissued a “buy” rating on shares of Walmart in a report on Friday, February 28th. Morgan Stanley reissued an “overweight” rating and set a $115.00 price target (up from $106.00) on shares of Walmart in a report on Thursday, February 13th. JPMorgan Chase & Co. lifted their price target on shares of Walmart from $97.00 to $112.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Finally, Tigress Financial lifted their price target on shares of Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a report on Friday, December 13th. One analyst has rated the stock with a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $103.20.

About Walmart

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.