Bluesphere Advisors LLC Has $442,000 Stock Position in Walmart Inc. (NYSE:WMT)

Bluesphere Advisors LLC increased its stake in Walmart Inc. (NYSE:WMT) by 39.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,805 shares of the retailer’s stock after buying an additional 800 shares during the quarter. Bluesphere Advisors LLC’s holdings in Walmart were worth $442,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Walmart by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 137,214,807 shares of the retailer’s stock worth $21,944,764,000 after purchasing an additional 751,713 shares in the last quarter. Morgan Stanley boosted its stake in shares of Walmart by 1.8% in the third quarter. Morgan Stanley now owns 24,087,268 shares of the retailer’s stock valued at $3,852,277,000 after buying an additional 426,388 shares during the period. FMR LLC grew its position in Walmart by 8.5% during the third quarter. FMR LLC now owns 16,873,127 shares of the retailer’s stock worth $2,698,519,000 after buying an additional 1,317,729 shares in the last quarter. Northern Trust Corp raised its holdings in Walmart by 4.0% in the 3rd quarter. Northern Trust Corp now owns 14,765,278 shares of the retailer’s stock valued at $2,361,411,000 after acquiring an additional 562,256 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Walmart by 0.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 13,011,647 shares of the retailer’s stock valued at $2,081,120,000 after acquiring an additional 78,981 shares during the period. 26.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director S Robson Walton sold 14,685,327 shares of Walmart stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $58.61, for a total value of $860,755,966.56. Following the sale, the director now owns 656,397,261 shares of the company’s stock, valued at approximately $38,473,631,458.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Walmart news, Director S Robson Walton sold 14,685,327 shares of the business’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $58.61, for a total transaction of $860,755,966.56. Following the sale, the director now owns 656,397,261 shares of the company’s stock, valued at approximately $38,473,631,458.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the business’s stock in a transaction on Thursday, April 25th. The shares were sold at an average price of $60.03, for a total value of $1,748,313.72. Following the sale, the chief executive officer now owns 4,018,650 shares in the company, valued at $241,239,559.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 29,019,140 shares of company stock worth $1,696,035,551. Insiders own 46.51% of the company’s stock.

Walmart Stock Down 1.5 %

WMT opened at $59.32 on Wednesday. Walmart Inc. has a fifty-two week low of $48.34 and a fifty-two week high of $61.65. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.83 and a quick ratio of 0.24. The company’s 50-day moving average is $59.99 and its 200 day moving average is $55.90. The firm has a market capitalization of $478.11 billion, a P/E ratio of 31.00, a PEG ratio of 3.93 and a beta of 0.49.

Walmart (NYSE:WMT) last announced its earnings results on Tuesday, February 20th. The retailer reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.05. The firm had revenue of $173.40 billion for the quarter, compared to the consensus estimate of $170.85 billion. Walmart had a return on equity of 21.08% and a net margin of 2.39%. The company’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.57 EPS. Research analysts expect that Walmart Inc. will post 2.36 earnings per share for the current fiscal year.

Walmart Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Friday, December 13th will be given a dividend of $0.2075 per share. The ex-dividend date is Friday, December 13th. This represents a $0.83 annualized dividend and a yield of 1.40%. Walmart’s payout ratio is currently 43.38%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on WMT shares. JPMorgan Chase & Co. upped their price objective on shares of Walmart from $54.33 to $58.67 and gave the stock a “neutral” rating in a research report on Monday, February 19th. Oppenheimer dropped their price objective on shares of Walmart to $67.00 and set an “outperform” rating for the company in a research note on Monday, February 26th. Deutsche Bank Aktiengesellschaft boosted their price objective on Walmart from $62.00 to $63.33 and gave the stock a “buy” rating in a research report on Friday, February 16th. Telsey Advisory Group reiterated an “outperform” rating and issued a $68.00 price objective on shares of Walmart in a report on Wednesday, March 27th. Finally, Evercore ISI reduced their price target on Walmart from $67.00 to $66.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 16th. Four equities research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.75.

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.