Lloyd Advisory Services LLC. Grows Stock Holdings in Walmart Inc. (NYSE:WMT)

Lloyd Advisory Services LLC. boosted its holdings in Walmart Inc. (NYSE:WMT) by 2.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,348 shares of the retailer’s stock after buying an additional 117 shares during the quarter. Lloyd Advisory Services LLC.’s holdings in Walmart were worth $483,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Peterson Financial Group Inc. acquired a new stake in shares of Walmart during the 3rd quarter worth about $26,000. Fiduciary Advisors Inc. acquired a new position in Walmart in the fourth quarter valued at approximately $27,000. Voisard Asset Management Group Inc. increased its stake in Walmart by 77.3% in the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after purchasing an additional 174 shares during the last quarter. Decker Retirement Planning Inc. acquired a new stake in Walmart during the fourth quarter worth approximately $32,000. Finally, Hara Capital LLC purchased a new stake in shares of Walmart during the 3rd quarter worth approximately $37,000. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Walmart Stock Down 2.6 %

WMT opened at $94.70 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. Walmart Inc. has a 12 month low of $57.77 and a 12 month high of $105.30. The stock has a market capitalization of $760.77 billion, a P/E ratio of 39.30, a P/E/G ratio of 4.42 and a beta of 0.55. The business has a 50 day simple moving average of $95.63 and a 200-day simple moving average of $86.44.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, topping the consensus estimate of $0.64 by $0.02. The company had revenue of $180.55 billion for the quarter, compared to analyst estimates of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. On average, equities analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.

Walmart Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be issued a $0.235 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a yield of 0.99%. Walmart’s dividend payout ratio (DPR) is presently 34.44%.

Insider Buying and Selling at Walmart

In related news, 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 value of $166,658.10. Following the completion of the transaction, the executive vice president now directly owns 460,705 shares of the company’s stock, valued at $41,956,404.35. This trade represents a 0.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John D. Rainey sold 38,000 shares of the business’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $98.80, for a total value of $3,754,400.00. Following the sale, the executive vice president now owns 257,281 shares in the company, valued at approximately $25,419,362.80. The trade was a 12.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 176,777 shares of company stock valued at $16,570,112. Corporate insiders own 45.58% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on WMT. Jefferies Financial Group increased their target price on shares of Walmart from $105.00 to $111.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Royal Bank of Canada dropped their price objective on Walmart from $109.00 to $107.00 and set an “outperform” rating on the stock in a report on Friday. Barclays boosted their target price on Walmart from $98.00 to $108.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Telsey Advisory Group restated an “outperform” rating and set a $115.00 price target on shares of Walmart in a research note on Friday. Finally, Truist Financial lifted their price target on Walmart from $98.00 to $111.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $102.43.

Walmart Company 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.