Tradewinds LLC. Purchases 1,962 Shares of Walmart Inc. (NYSE:WMT)

Tradewinds LLC. increased its position in Walmart Inc. (NYSE:WMT) by 1.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 110,758 shares of the retailer’s stock after acquiring an additional 1,962 shares during the quarter. Walmart comprises about 2.8% of Tradewinds LLC.’s investment portfolio, making the stock its 6th biggest position. Tradewinds LLC.’s holdings in Walmart were worth $10,007,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WMT. FPC Investment Advisory Inc. bought a new stake in shares of Walmart in the fourth quarter valued at approximately $25,000. Horizon Financial Services LLC boosted its holdings in Walmart by 1,007.7% in the 4th quarter. Horizon Financial Services LLC now owns 288 shares of the retailer’s stock valued at $26,000 after purchasing an additional 262 shares during the period. Fiduciary Advisors Inc. acquired a new stake in Walmart in the 4th quarter worth $27,000. Decker Retirement Planning Inc. acquired a new stake in Walmart in the 4th quarter worth $32,000. Finally, Noble Wealth Management PBC bought a new position in shares of Walmart during the 4th quarter worth about $37,000. Institutional investors and hedge funds own 26.76% of the company’s stock.

Walmart Price Performance

Walmart stock opened at $87.94 on Tuesday. The stock has a market cap of $704.97 billion, a price-to-earnings ratio of 36.49, a P/E/G ratio of 4.42 and a beta of 0.53. Walmart Inc. has a 12-month low of $58.56 and a 12-month high of $105.30. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.40. The business’s 50-day simple moving average is $94.54 and its 200 day simple moving average is $89.46.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share (EPS) for the quarter, beating 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%. As a group, research analysts anticipate that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Shareholders of record on Friday, December 12th will be given a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s payout ratio is 39.00%.

Analyst Upgrades and Downgrades

WMT has been the topic of several recent research reports. Guggenheim reissued a “buy” rating and set a $100.00 price objective on shares of Walmart in a report on Monday, February 24th. KeyCorp boosted their price target on shares of Walmart from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Oppenheimer raised their price objective on shares of Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Wednesday, February 5th. Barclays reissued an “overweight” rating on shares of Walmart in a research note on Friday, February 28th. Finally, Evercore ISI cut their price target on shares of Walmart from $107.00 to $100.00 and set an “outperform” rating for the company in a research note on Tuesday, March 11th. Two analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $103.17.

Insider Activity

In related news, EVP John D. Rainey sold 38,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were 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 directly owns 257,281 shares in the company, valued at $25,419,362.80. This trade represents a 12.87 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $85.63, for a total transaction of $2,493,888.12. Following the transaction, the chief executive officer now directly owns 3,972,517 shares in the company, valued at $340,166,630.71. The trade was a 0.73 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 176,652 shares of company stock valued at $16,590,028 in the last 90 days. 45.58% of the stock is owned by company insiders.

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.