Leelyn Smith LLC Has $678,000 Stock Position in Walmart Inc. (NYSE:WMT)

Leelyn Smith LLC lessened its holdings in shares of Walmart Inc. (NYSE:WMT) by 12.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,505 shares of the retailer’s stock after selling 1,081 shares during the period. Leelyn Smith LLC’s holdings in Walmart were worth $678,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. FPC Investment Advisory Inc. bought a new stake in shares of Walmart in the 4th quarter valued at about $25,000. Peterson Financial Group Inc. acquired a new stake in shares of Walmart during the third quarter worth $26,000. Fiduciary Advisors Inc. bought a new position in Walmart during the fourth quarter worth $27,000. Decker Retirement Planning Inc. bought a new stake in Walmart during the fourth quarter valued at $32,000. Finally, Noble Wealth Management PBC bought a new position in shares of Walmart in the 4th quarter worth about $37,000. Institutional investors own 26.76% of the company’s stock.

Insider Buying and Selling at Walmart

In related news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $92.60, for a total value of $1,215,375.00. Following the transaction, the executive vice president now directly owns 566,794 shares in the company, valued at approximately $52,485,124.40. This represents a 2.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Daniel J. Bartlett sold 1,600 shares of Walmart stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total transaction of $166,384.00. Following the sale, the executive vice president now owns 423,597 shares of the company’s stock, valued at approximately $44,049,852.03. The trade was a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 185,777 shares of company stock valued at $17,657,316 in the last 90 days. Corporate insiders own 45.58% of the company’s stock.

Walmart Price Performance

WMT stock opened at $87.54 on Tuesday. The firm has a 50 day moving average of $95.67 and a 200-day moving average of $88.88. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $703.21 billion, a P/E ratio of 36.32, a price-to-earnings-growth 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.

Walmart (NYSE:WMT) last released its quarterly earnings results on Thursday, February 20th. The retailer reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. The firm had revenue of $180.55 billion during 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, sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal 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 paid a $0.235 dividend. The ex-dividend date is Friday, December 12th. This represents a $0.94 dividend on an annualized basis and a yield of 1.07%. Walmart’s dividend payout ratio is currently 39.00%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on WMT shares. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 20th. KeyCorp upped their price target on Walmart from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Friday, February 21st. Tigress Financial lifted their target price on shares of Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Oppenheimer upped their price objective on Walmart from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th. Finally, Stifel Nicolaus lifted their target price on Walmart from $89.00 to $94.00 and gave the stock a “hold” rating in a research note on Tuesday, December 10th. One equities research analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Walmart currently has a consensus rating of “Buy” and a consensus target price of $103.20.

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.