Walmart Inc. (NYSE:WMT) is Bellecapital International Ltd.’s 4th Largest Position

Bellecapital International Ltd. lessened its stake in shares of Walmart Inc. (NYSE:WMT) by 0.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 287,265 shares of the retailer’s stock after selling 2,285 shares during the quarter. Walmart accounts for about 4.6% of Bellecapital International Ltd.’s holdings, making the stock its 4th biggest holding. Bellecapital International Ltd.’s holdings in Walmart were worth $25,954,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. FPC Investment Advisory Inc. acquired a new stake in shares of Walmart during the fourth quarter worth about $25,000. Peterson Financial Group Inc. acquired a new stake in shares of Walmart during the third quarter worth about $26,000. Fiduciary Advisors Inc. acquired a new stake in shares of Walmart during the fourth quarter worth about $27,000. Decker Retirement Planning Inc. acquired a new stake in shares of Walmart during the fourth quarter worth about $32,000. Finally, Hara Capital LLC acquired a new stake in Walmart in the third quarter valued at approximately $37,000. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Piper Sandler raised their target price on shares of Walmart from $93.00 to $118.00 and gave the company an “overweight” rating in a report on Tuesday, February 18th. Oppenheimer raised their target price on shares of Walmart from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. Guggenheim reaffirmed a “buy” rating and issued a $100.00 target price on shares of Walmart in a report on Monday, February 24th. KeyCorp raised their target price on shares of Walmart from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Finally, UBS Group reaffirmed a “buy” rating on shares of Walmart in a report on Friday. One analyst has rated the stock with a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Walmart has a consensus rating of “Buy” and a consensus price target of $103.07.

Walmart Stock Performance

NYSE:WMT opened at $98.65 on Friday. The firm’s fifty day moving average price is $95.90 and its 200 day moving average price is $87.58. Walmart Inc. has a 1-year low of $58.20 and a 1-year high of $105.30. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23. The firm has a market cap of $792.52 billion, a price-to-earnings ratio of 40.94, a price-to-earnings-growth ratio of 4.42 and a beta of 0.55.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. Walmart had a net margin of 2.85% and a return on equity of 21.87%. The firm had revenue of $180.55 billion for the quarter, compared to analyst estimates of $178.83 billion. On average, sell-side analysts expect that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

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 issued a $0.235 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s dividend payout ratio (DPR) is currently 39.00%.

Insider Buying and Selling at Walmart

In other Walmart news, EVP Daniel J. Bartlett sold 1,600 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total value of $166,384.00. Following the completion of the sale, the executive vice president now owns 423,597 shares of the company’s stock, valued at approximately $44,049,852.03. This trade represents a 0.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $96.15, for a total value of $1,261,968.75. Following the transaction, the executive vice president now directly owns 460,672 shares of the company’s stock, valued at $44,293,612.80. This trade represents a 2.77 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 188,777 shares of company stock valued at $17,934,726. 45.58% of the stock is owned by company insiders.

About Walmart

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.