Walmart Inc. (NYSE:WMT) Shares Sold by Achmea Investment Management B.V.

Achmea Investment Management B.V. trimmed its holdings in Walmart Inc. (NYSE:WMT) by 6.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 790,743 shares of the retailer’s stock after selling 51,723 shares during the period. Walmart accounts for about 1.2% of Achmea Investment Management B.V.’s portfolio, making the stock its 10th biggest holding. Achmea Investment Management B.V.’s holdings in Walmart were worth $71,443,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. FPC Investment Advisory Inc. acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $25,000. Fiduciary Advisors Inc. acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $27,000. Peterson Financial Group Inc. acquired a new stake in shares of Walmart in the third quarter valued at approximately $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $32,000. Finally, Noble Wealth Management PBC acquired a new stake in shares of Walmart in the fourth quarter valued at approximately $37,000. 26.76% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Guggenheim reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Walmart in a research report on Monday, February 24th. DZ Bank upgraded Walmart from a “hold” rating to a “buy” rating and set a $110.00 target price on the stock in a research note on Tuesday, February 25th. JPMorgan Chase & Co. increased their target price on Walmart from $97.00 to $112.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. Jefferies Financial Group increased their target price on Walmart from $105.00 to $111.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Finally, TD Cowen increased their target price on Walmart from $90.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. One investment analyst has rated the stock with a hold rating, thirty have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $103.20.

Insider Activity at Walmart

In other Walmart news, EVP John D. Rainey sold 38,000 shares of Walmart stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $98.80, for a total transaction of $3,754,400.00. Following the transaction, the executive vice president now directly owns 257,281 shares of the company’s stock, valued at approximately $25,419,362.80. The trade was a 12.87 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Daniel J. Bartlett sold 1,600 shares of Walmart stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total value of $166,384.00. Following the transaction, the executive vice president now directly owns 423,597 shares in the company, valued at $44,049,852.03. The trade was a 0.38 % 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 valued at $17,657,316 in the last 90 days. 45.58% of the stock is owned by corporate insiders.

Walmart Trading Down 2.7 %

NYSE WMT opened at $85.07 on Thursday. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. Walmart Inc. has a twelve month low of $58.56 and a twelve month high of $105.30. The company has a market cap of $683.43 billion, a price-to-earnings ratio of 35.30, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53. The business’s fifty day moving average is $95.96 and its 200 day moving average is $88.59.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share 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 for the quarter, compared to the consensus estimate of $178.83 billion. As a group, sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current fiscal year.

Walmart Announces Dividend

The company also recently disclosed 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 1.10%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s dividend payout ratio (DPR) is 39.00%.

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.