Walmart Inc. (NYSE:WMT) CEO C Douglas Mcmillon Sells 9,708 Shares of Stock

Walmart Inc. (NYSE:WMTGet Rating) CEO C Douglas Mcmillon sold 9,708 shares of the business’s stock in a transaction that occurred on Thursday, April 28th. The stock was sold at an average price of $154.41, for a total transaction of $1,499,012.28. Following the completion of the transaction, the chief executive officer now owns 1,536,571 shares of the company’s stock, valued at approximately $237,261,928.11. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

C Douglas Mcmillon also recently made the following trade(s):

  • On Thursday, March 24th, C Douglas Mcmillon sold 9,708 shares of Walmart stock. The stock was sold at an average price of $142.41, for a total transaction of $1,382,516.28.
  • On Thursday, February 24th, C Douglas Mcmillon sold 9,708 shares of Walmart stock. The stock was sold at an average price of $134.78, for a total transaction of $1,308,444.24.

Shares of NYSE WMT opened at $152.99 on Friday. The firm has a market cap of $421.15 billion, a PE ratio of 31.35, a PEG ratio of 4.30 and a beta of 0.54. The company has a current ratio of 0.93, a quick ratio of 0.28 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 1-year low of $132.01 and a 1-year high of $160.77. The company has a fifty day moving average price of $147.65 and a 200 day moving average price of $144.27.

Walmart (NYSE:WMTGet Rating) last announced its earnings results on Thursday, February 17th. The retailer reported $1.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.50 by $0.03. The firm had revenue of $152.90 billion during the quarter, compared to analyst estimates of $150.20 billion. Walmart had a net margin of 2.39% and a return on equity of 20.42%. The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.39 EPS. Equities research analysts forecast that Walmart Inc. will post 6.77 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 3rd. Investors of record on Friday, December 9th will be paid a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend is Thursday, December 8th. Walmart’s payout ratio is presently 45.90%.

WMT has been the subject of several recent research reports. StockNews.com initiated coverage on shares of Walmart in a research report on Thursday, March 31st. They set a “strong-buy” rating for the company. Raymond James dropped their target price on shares of Walmart from $170.00 to $165.00 and set an “outperform” rating for the company in a research report on Tuesday, February 22nd. Exane BNP Paribas upgraded shares of Walmart from an “underperform” rating to a “neutral” rating in a research report on Friday, February 11th. UBS Group set a $180.00 target price on shares of Walmart in a research report on Tuesday, February 8th. Finally, JPMorgan Chase & Co. set a $157.00 target price on shares of Walmart in a research report on Thursday, February 17th. Seven analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Walmart presently has an average rating of “Buy” and an average target price of $167.25.

Institutional investors have recently bought and sold shares of the company. Welch & Forbes LLC boosted its stake in shares of Walmart by 4.2% during the 4th quarter. Welch & Forbes LLC now owns 144,223 shares of the retailer’s stock worth $20,867,000 after buying an additional 5,858 shares during the last quarter. Capital Investment Advisors LLC boosted its stake in shares of Walmart by 3.2% during the 4th quarter. Capital Investment Advisors LLC now owns 29,550 shares of the retailer’s stock worth $4,276,000 after buying an additional 924 shares during the last quarter. Wealth Quarterback LLC boosted its stake in shares of Walmart by 422.3% during the 3rd quarter. Wealth Quarterback LLC now owns 44,234 shares of the retailer’s stock worth $1,087,000 after buying an additional 35,765 shares during the last quarter. Boston Research & Management Inc. raised its holdings in shares of Walmart by 2.3% in the 3rd quarter. Boston Research & Management Inc. now owns 47,208 shares of the retailer’s stock valued at $6,579,000 after purchasing an additional 1,060 shares during the period. Finally, Buckingham Strategic Wealth LLC raised its holdings in shares of Walmart by 15.0% in the 3rd quarter. Buckingham Strategic Wealth LLC now owns 38,861 shares of the retailer’s stock valued at $5,416,000 after purchasing an additional 5,069 shares during the period. Institutional investors own 30.79% of the company’s stock.

About Walmart (Get Rating)

Walmart Inc engages in the operation of retail, wholesale, and other units 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; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

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