Horan Capital Management decreased its holdings in shares of Walmart Inc (NYSE:WMT) by 11.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 201,451 shares of the retailer’s stock after selling 24,794 shares during the period. Walmart makes up approximately 4.0% of Horan Capital Management’s investment portfolio, making the stock its 8th biggest position. Horan Capital Management’s holdings in Walmart were worth $19,893,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Vanguard Group Inc. raised its position in Walmart by 0.4% during the second quarter. Vanguard Group Inc. now owns 105,673,654 shares of the retailer’s stock valued at $7,997,381,000 after purchasing an additional 440,343 shares in the last quarter. FMR LLC raised its position in Walmart by 45.3% during the second quarter. FMR LLC now owns 17,982,372 shares of the retailer’s stock valued at $1,360,906,000 after purchasing an additional 5,608,785 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Walmart by 1.5% during the third quarter. Dimensional Fund Advisors LP now owns 14,804,523 shares of the retailer’s stock valued at $1,156,909,000 after purchasing an additional 224,821 shares in the last quarter. Ameriprise Financial Inc. raised its position in Walmart by 0.5% during the third quarter. Ameriprise Financial Inc. now owns 8,919,633 shares of the retailer’s stock valued at $696,979,000 after purchasing an additional 45,217 shares in the last quarter. Finally, Fisher Asset Management LLC raised its position in Walmart by 43.5% during the fourth quarter. Fisher Asset Management LLC now owns 8,706,981 shares of the retailer’s stock valued at $859,814,000 after purchasing an additional 2,637,516 shares in the last quarter. 30.03% of the stock is owned by institutional investors.
Shares of Walmart Inc (NYSE:WMT) opened at $88.72 on Friday. The company has a quick ratio of 0.20, a current ratio of 0.76 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $265,210.00, a PE ratio of 27.73, a P/E/G ratio of 3.10 and a beta of 0.57. Walmart Inc has a 12 month low of $69.33 and a 12 month high of $109.98.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 2nd. Investors of record on Friday, December 7th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Thursday, December 6th. This represents a $2.08 annualized dividend and a dividend yield of 2.34%. Walmart’s payout ratio is presently 63.75%.
A number of equities research analysts have weighed in on WMT shares. Zacks Investment Research downgraded Walmart from a “buy” rating to a “hold” rating in a research report on Saturday, January 6th. Wells Fargo & Co set a $101.00 price target on Walmart and gave the company a “neutral” rating in a research report on Wednesday, December 27th. Jefferies Group set a $105.00 price target on Walmart and gave the company a “buy” rating in a research report on Tuesday, November 14th. Vetr upgraded Walmart from a “buy” rating to a “strong-buy” rating and set a $110.28 price target on the stock in a research report on Tuesday, February 20th. Finally, Goldman Sachs Group restated a “buy” rating and set a $113.00 price target on shares of Walmart in a research report on Friday, February 16th. Nineteen investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. Walmart has a consensus rating of “Buy” and a consensus target price of $102.40.
In related news, insider Jacqueline P. Canney sold 2,065 shares of the firm’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $96.99, for a total value of $200,284.35. Following the sale, the insider now directly owns 19,060 shares of the company’s stock, valued at $1,848,629.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 51.39% of the stock is owned by company insiders.
Walmart Inc, formerly Wal-Mart Stores, Inc, is engaged in the operation of retail, wholesale and other units in various formats around the world. The Company offers an assortment of merchandise and services at everyday low prices (EDLP). The Company operates through three segments: Walmart U.S., Walmart International and Sam’s Club.
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