Gutierrez Wealth Advisory LLC Acquires New Position in Walmart Inc. (NYSE:WMT)

Gutierrez Wealth Advisory LLC bought a new stake in shares of Walmart Inc. (NYSE:WMT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 37,854 shares of the retailer’s stock, valued at approximately $3,420,000. Walmart accounts for about 2.8% of Gutierrez Wealth Advisory LLC’s investment portfolio, making the stock its 12th largest position.

A number of other institutional investors have also added to or reduced their stakes in WMT. Coyle Financial Counsel LLC lifted its holdings in Walmart by 3.1% in the fourth quarter. Coyle Financial Counsel LLC now owns 3,431 shares of the retailer’s stock valued at $310,000 after acquiring an additional 102 shares during the period. SC&H Financial Advisors Inc. lifted its holdings in Walmart by 1.0% in the fourth quarter. SC&H Financial Advisors Inc. now owns 10,232 shares of the retailer’s stock valued at $924,000 after acquiring an additional 103 shares during the period. Blackston Financial Advisory Group LLC lifted its holdings in Walmart by 0.7% in the fourth quarter. Blackston Financial Advisory Group LLC now owns 15,685 shares of the retailer’s stock valued at $1,417,000 after acquiring an additional 106 shares during the period. Van Strum & Towne Inc. lifted its holdings in Walmart by 1.6% in the fourth quarter. Van Strum & Towne Inc. now owns 6,849 shares of the retailer’s stock valued at $619,000 after acquiring an additional 108 shares during the period. Finally, Scarborough Advisors LLC lifted its holdings in Walmart by 2.0% in the fourth quarter. Scarborough Advisors LLC now owns 5,584 shares of the retailer’s stock valued at $505,000 after acquiring an additional 109 shares during the period. Hedge funds and other institutional investors own 26.76% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. KeyCorp raised their target price on Walmart from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Roth Mkm reissued a “buy” rating and issued a $108.00 target price (up previously from $97.00) on shares of Walmart in a report on Friday, February 21st. Evercore ISI cut their price target on Walmart from $107.00 to $100.00 and set an “outperform” rating for the company in a research note on Tuesday, March 11th. Oppenheimer lifted their price target on Walmart from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. Finally, UBS Group reaffirmed a “buy” rating on shares of Walmart in a research note on Friday, February 28th. Two analysts have rated the stock with a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $103.17.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $96.95, for a total transaction of $2,823,571.80. Following the completion of the sale, the chief executive officer now owns 3,558,247 shares of the company’s stock, valued at approximately $344,972,046.65. This represents a 0.81 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathryn J. Mclay sold 4,000 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $85.95, for a total transaction of $343,800.00. Following the sale, the executive vice president now directly owns 888,309 shares of the company’s stock, valued at approximately $76,350,158.55. This trade represents a 0.45 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 189,777 shares of company stock valued at $18,001,116. 45.58% of the stock is currently owned by corporate insiders.

Walmart Trading Down 0.6 %

NYSE WMT opened at $85.78 on Friday. Walmart Inc. has a 12 month low of $58.56 and a 12 month high of $105.30. The company has a 50-day moving average of $95.34 and a 200-day moving average of $88.89. 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 company has a market cap of $687.70 billion, a P/E ratio of 35.59, a P/E/G ratio of 4.42 and a beta of 0.53.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Thursday, February 20th. The retailer reported $0.66 EPS 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 company had revenue of $180.55 billion during the quarter, compared to the consensus estimate of $178.83 billion. As a group, equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be given a dividend of $0.235 per share. This represents a $0.94 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Friday, December 12th. Walmart’s dividend payout ratio (DPR) is presently 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.