Financial & Tax Architects LLC Purchases Shares of 35,001 Walmart Inc. (NYSE:WMT)
According to the latest Form 13F filed by the Securities and Exchange Commission, the retailer acquired 35,001 shares of its stock valued at approximately $4.919,000. The investor purchased 35,001 shares worth approximately $4,919,000. Financial & Tax Architects LLC holds Walmart at a position of 24th place, which is equivalent to 1.7%.
Other institutional investors and hedge fund managers have also made recent changes to their WMT positions. Fisher Asset Management LLC has increased its stakes in Walmart by 1,599.2% during the third quarter. Fisher Asset Management LLC owns 8,129.341 shares valued at $1.054,376,000, after purchasing an additional 7,627.286 shares in the last quarter. BlackRock Inc. increased its Walmart holdings by 2.9% during the third quarter. BlackRock Inc. owns 96.570.711 shares valued at $12.525,224,000, after buying an additional 2.712,886 during the period. Vanguard Group Inc. increased its holdings of Walmart shares by 1.4% in the third quarter. Vanguard Group Inc. owns 130.176.496 shares worth $16,883,890,000, after adding 1,832,388 more shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in Walmart in the first quarter by 34.2%. Arrowstreet Capital Limited Partnership owns now 5,258,231 of the retailer’s stock valued at $783,056,000, after buying an additional 1,340 328 shares over the period. Caisse DE Depot ET Positionment DU Québec increased its stake in Walmart by 85.3% during the first quarter. Caisse DE Depot ET Placement DU Quebec owns 2,399 536 shares worth $357 339,000, after buying an additional 1,104 427 shares. Several research firms have published reports on WMT. Cowen raised their price target on Walmart shares from $175.00 up to $180.00 in a report published on February 15th. The company was also given an "outperform" rating. KeyCorp raised their price target on Walmart shares from $170.00 up to $175.00 on Tuesday, April 25, in a research report. Telsey Advisory Group reiterated its 'outperform rating' and set a target price of $160.00 on Walmart shares in a research report on Thursday, 6th April. UBS Group raised their target price for shares of Walmart on Thursday, from $168.00 up to $170.00. The company was also given a "buy" rating. Wells Fargo & Company boosted its target price for shares of Walmart on Thursday, from $155.00 up to $170.00. The company was also given an 'overweight rating' in a report. Six analysts have given the stock a hold recommendation, 25 have given a buy recommendation and 1 has given a strong purchase rating. According to MarketBeat the stock currently has a consensus of 'Moderate buy' with a consensus target price of $165.13.
Walmart Insider Transactions
On Thursday, February 23, I sold 4,375 Walmart shares. Stock was sold for $630,831.25 at an average price $144.19. The executive vice president owns approximately 32,050,697.39 shares of stock after the sale. EVP John R. Furner, who is also a Walmart executive, sold 4,375 Walmart shares in a transaction on Thursday, 23rd February. The stock was bought at an average of $144.19 for a total of $630,831.25. The executive vice president owns approximately 32,050,697.39 shares of stock after the sale. On February 28th, 2009, the company sold 9,334 of its shares. The stock was bought at a price of $141.83, resulting in a value of $1,323,841.22. After the transaction, the executive Vice President now owns approximately 22,086,193.09 worth of stock. Insiders sold 21,044,002 company shares valued at $2.981,168.308. Insiders own 47.06%.
Walmart Stock Up 0.3 %
Trading hours were held on Thursday and the stock reached $153.07. The company's shares changed hands in an amount of 1,070 414 shares, as opposed to the average of 6,042,161. The company has a $412.88 billion market cap, a PE ratio of 35.64 and a P/E/G of 4.58. It also has a beta value of 0.48. Walmart Inc.'s low for the past twelve months is $117.27, and its high for that period is $154.64. The debt-to equity ratio for the company is 0.47. Its quick ratio is 0.21, and its current ratio 0.82. The stock's two-hundred and fifty day moving mean prices are $145.22 and $146.26 respectively.
The retailer released its last quarterly earnings report on February 21st. The retailer's earnings per share for the third quarter were $1.71, exceeding the consensus estimate by $0.20. The company reported revenue of $164.05 Billion during the quarter compared to a consensus estimate of $158,67 Billion. Walmart's return on equity was 20.45%, and its net margin was 1.91%. Revenue was up 7.3% year-over-year. In the same quarter last year, the firm posted $1.53 in earnings per share. Walmart Inc. is expected to post an average 6.06 earnings per shares for the current fiscal.
Walmart Announces Dividend
A quarterly dividend was also announced by the firm, and will be paid out on Tuesday, 2nd January. Dividends will be paid to shareholders who were in the record books on Friday, December 8. On an annualized base, this is a dividend of $2.28 and yields 1.49%. The ex-dividend day is Thursday, 7th December. Walmart's current dividend payout ratio is 53.27%.
Walmart Company Profile
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Walmart, Inc. is a retailer and wholesaler. It offers a wide range of products and services for everyday low prices. The company operates in three business segments: Walmart U.S. Sam's Club and Walmart International. Walmart U.S. is a retailer of consumer goods, under the Walmart, Wal-Mart and Walmart Neighborhood Market brand names, as well other eCommerce brands such as walmart.com.
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