Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Lowers Holdings in Walmart Inc. (NYSE:WMT)

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group decreased its stake in Walmart Inc. (NYSE:WMT) by 23.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,364 shares of the retailer’s stock after selling 4,375 shares during the quarter. Walmart makes up 0.8% of Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings, making the stock its 22nd largest position. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings in Walmart were worth $1,298,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of WMT. FPC Investment Advisory Inc. acquired a new position in Walmart in the 4th quarter worth about $25,000. Fiduciary Advisors Inc. acquired a new position in Walmart in the 4th quarter worth about $27,000. Peterson Financial Group Inc. acquired a new position in Walmart in the 3rd quarter worth about $26,000. Decker Retirement Planning Inc. acquired a new position in Walmart in the 4th quarter worth about $32,000. Finally, Noble Wealth Management PBC acquired a new position in Walmart in the 4th quarter worth about $37,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Walmart Stock Down 2.7 %

Shares of NYSE WMT opened at $85.07 on Thursday. The stock has a market cap of $683.43 billion, a P/E ratio of 35.30, 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 12-month low of $58.56 and a 12-month high of $105.30. The business’s fifty day simple moving average is $95.96 and its 200-day simple moving average is $88.59.

Walmart (NYSE:WMT) last announced 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 business had revenue of $180.55 billion for the quarter, compared to analysts’ expectations of $178.83 billion. As a group, equities analysts predict that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be paid a $0.235 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s dividend payout ratio is presently 39.00%.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,830 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $91.07, for a total value of $166,658.10. Following the sale, the executive vice president now directly owns 460,705 shares in the company, valued at $41,956,404.35. This trade represents a 0.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP John R. Furner sold 13,125 shares of the firm’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $92.60, for a total value of $1,215,375.00. Following the completion of the sale, the executive vice president now owns 566,794 shares in the company, valued at approximately $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. Insiders have sold a total of 185,777 shares of company stock worth $17,657,316 over the last ninety days. Corporate insiders own 45.58% of the company’s stock.

Analysts Set New Price Targets

WMT has been the subject of a number of analyst reports. Tigress Financial upped their price target on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Piper Sandler increased their target price on Walmart from $93.00 to $118.00 and gave the company an “overweight” rating in a report on Tuesday, February 18th. Oppenheimer increased their target price on Walmart from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. Jefferies Financial Group increased their target price on Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Finally, Bank of America increased their target price on Walmart from $95.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Walmart currently has a consensus rating of “Buy” and an average target price of $103.20.

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.