Kampmann Melissa S. Sells 7,470 Shares of Walmart Inc. (NYSE:WMT)

Kampmann Melissa S. reduced its position in shares of Walmart Inc. (NYSE:WMT) by 11.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,687 shares of the retailer’s stock after selling 7,470 shares during the quarter. Walmart accounts for 4.3% of Kampmann Melissa S.’s investment portfolio, making the stock its 5th biggest holding. Kampmann Melissa S.’s holdings in Walmart were worth $5,483,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. purchased a new position in shares of Walmart during the 4th quarter valued at $25,000. Fiduciary Advisors Inc. purchased a new position in shares of Walmart during the 4th quarter valued at $27,000. Decker Retirement Planning Inc. purchased a new position in shares of Walmart during the 4th quarter valued at $32,000. Noble Wealth Management PBC purchased a new position in shares of Walmart during the 4th quarter valued at $37,000. Finally, Legacy Investment Solutions LLC purchased a new position in shares of Walmart during the 3rd quarter valued at $43,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Walmart Stock Performance

Shares of WMT stock opened at $86.36 on Thursday. The company has a market capitalization of $693.80 billion, a price-to-earnings ratio of 35.84, a PEG ratio of 4.42 and a beta of 0.53. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The company has a 50-day simple moving average of $95.45 and a 200 day simple moving average of $88.92. Walmart Inc. has a 52 week low of $58.56 and a 52 week high of $105.30.

Walmart (NYSE:WMT) last announced 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 business had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. Walmart had a net margin of 2.85% and a return on equity of 21.87%. On average, sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be issued a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s payout ratio is 39.00%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on WMT. Wells Fargo & Company upped their price objective on shares of Walmart from $100.00 to $108.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Citigroup reiterated a “positive” rating on shares of Walmart in a report on Thursday, February 20th. TD Cowen upped 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. Sanford C. Bernstein upped 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. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $115.00 price objective (up from $106.00) on shares of Walmart in a report on Thursday, February 13th. Two analysts have rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $103.20.

Insider Buying and Selling at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $96.95, for a total value of $2,823,571.80. Following the completion of the sale, the chief executive officer now owns 3,558,247 shares of the company’s stock, valued at $344,972,046.65. The trade was a 0.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP John D. Rainey sold 38,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the completion of the sale, the executive vice president now directly owns 257,281 shares of the company’s stock, valued at $25,419,362.80. This represents a 12.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 185,777 shares of company stock valued at $17,657,316 in the last quarter. Company insiders own 45.58% of the company’s stock.

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.