Compass Capital Management Inc. trimmed its stake in shares of Walmart Inc (NYSE:WMT) by 8.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 273,277 shares of the retailer’s stock after selling 26,861 shares during the quarter. Walmart comprises 4.1% of Compass Capital Management Inc.’s investment portfolio, making the stock its 10th biggest holding. Compass Capital Management Inc.’s holdings in Walmart were worth $26,986,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently bought and sold shares of the business. Voya Investment Management LLC increased its stake in Walmart by 10.9% in the 2nd quarter. Voya Investment Management LLC now owns 2,983,092 shares of the retailer’s stock valued at $225,760,000 after purchasing an additional 294,383 shares in the last quarter. Parkside Investments LLC acquired a new stake in shares of Walmart during the third quarter worth $344,000. Numeric Investors LLC boosted its holdings in shares of Walmart by 31.2% during the second quarter. Numeric Investors LLC now owns 1,179,674 shares of the retailer’s stock worth $89,278,000 after purchasing an additional 280,430 shares during the last quarter. Comerica Bank boosted its holdings in shares of Walmart by 3.5% during the third quarter. Comerica Bank now owns 575,839 shares of the retailer’s stock worth $50,070,000 after purchasing an additional 19,415 shares during the last quarter. Finally, BT Investment Management Ltd acquired a new stake in shares of Walmart during the second quarter worth $25,916,000. 30.03% of the stock is owned by institutional investors.
Shares of Walmart Inc (WMT) traded down $0.59 during trading hours on Wednesday, reaching $87.71. 8,162,977 shares of the company’s stock traded hands, compared to its average volume of 11,822,625. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.20 and a current ratio of 0.76. Walmart Inc has a 52 week low of $69.33 and a 52 week high of $109.98. The firm has a market cap of $260,810.00, a P/E ratio of 27.42, a P/E/G ratio of 3.11 and a beta of 0.57.
Walmart (NYSE:WMT) last announced its earnings results on Tuesday, February 20th. The retailer reported $1.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.37 by ($0.04). Walmart had a net margin of 1.97% and a return on equity of 16.85%. The firm had revenue of $135.15 billion for the quarter, compared to analyst estimates of $133.63 billion. During the same period last year, the firm earned $1.30 earnings per share. Walmart’s revenue for the quarter was up 4.2% compared to the same quarter last year. analysts expect that Walmart Inc will post 4.92 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 2nd. Stockholders of record on Friday, December 7th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.37%. The ex-dividend date is Thursday, December 6th. Walmart’s dividend payout ratio is currently 65.00%.
A number of research analysts recently weighed in on WMT shares. Goldman Sachs Group cut Walmart from a “buy” rating to a “neutral” rating and set a $100.00 target price on the stock. in a report on Monday, November 20th. They noted that the move was a valuation call. Barclays raised their price objective on Walmart to $120.00 and gave the company an “overweight” rating in a research report on Friday, January 26th. Zacks Investment Research raised Walmart from a “hold” rating to a “buy” rating and set a $117.00 price objective on the stock in a research report on Wednesday, February 21st. Oppenheimer set a $93.00 price objective on Walmart and gave the company a “neutral” rating in a research report on Friday, March 2nd. Finally, Vetr lowered Walmart from a “hold” rating to a “sell” rating and set a $91.97 target price on the stock. in a research report on Friday, November 17th. Nineteen investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $102.40.
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Walmart Company Profile
Walmart Inc, formerly Wal-Mart Stores, Inc, is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club.
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