M Holdings Securities Inc. lessened its holdings in Walmart (NYSE:WMT) by 5.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 20,423 shares of the retailer’s stock after selling 1,130 shares during the quarter. M Holdings Securities Inc.’s holdings in Walmart were worth $354,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Pinnacle Wealth Planning Services Inc. purchased a new stake in shares of Walmart in the fourth quarter worth $105,000. Lenox Wealth Advisors Inc. raised its position in shares of Walmart by 13,287.5% in the fourth quarter. Lenox Wealth Advisors Inc. now owns 1,071 shares of the retailer’s stock worth $106,000 after buying an additional 1,063 shares in the last quarter. Cerebellum GP LLC purchased a new stake in shares of Walmart in the fourth quarter worth $127,000. G&S Capital LLC purchased a new stake in shares of Walmart in the fourth quarter worth $128,000. Finally, Prime Capital Investment Advisors LLC purchased a new stake in shares of Walmart in the fourth quarter worth $138,000. Institutional investors own 29.97% of the company’s stock.

NYSE WMT opened at $87.29 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.20 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $258,230.84, a P/E ratio of 19.75, a price-to-earnings-growth ratio of 3.17 and a beta of 0.54. Walmart has a 1 year low of $73.13 and a 1 year high of $109.98.

Walmart (NYSE:WMT) last posted its earnings results on Tuesday, February 20th. The retailer reported $1.33 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.37 by ($0.04). The business had revenue of $135.15 billion during the quarter, compared to the consensus estimate of $133.63 billion. Walmart had a return on equity of 16.85% and a net margin of 1.97%. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.30 earnings per share. analysts anticipate that Walmart will post 4.92 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 2nd. Investors of record on Friday, December 7th will be paid a $0.52 dividend. The ex-dividend date is Thursday, December 6th. This represents a $2.08 annualized dividend and a dividend yield of 2.38%. Walmart’s payout ratio is presently 47.06%.

A number of equities research analysts recently issued reports on the company. Wells Fargo set a $101.00 price objective on Walmart and gave the stock a “neutral” rating in a research report on Tuesday, January 2nd. Stifel Nicolaus restated a “hold” rating and set a $99.00 price target (down previously from $104.00) on shares of Walmart in a research report on Wednesday, February 21st. JPMorgan Chase restated a “neutral” rating and set a $98.00 price target (down previously from $103.00) on shares of Walmart in a research report on Wednesday, February 21st. Goldman Sachs restated a “buy” rating and set a $99.00 price target on shares of Walmart in a research report on Monday, April 16th. Finally, Argus upgraded Walmart from a “hold” rating to a “buy” rating and raised their price target for the company from $87.57 to $100.00 in a research report on Thursday, April 19th. Twenty equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. Walmart has a consensus rating of “Buy” and an average target price of $101.71.

Walmart Profile

Walmart Inc engages in the retail and wholesale operations in various formats 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, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, hayneedle.com, shoes.com, moosejaw.com, modcloth.com, bonobos.com, and samsclub.com; and mobile commerce and voice-activated commerce applications.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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