Girard Partners LTD. Sells 1,602 Shares of Walmart Inc (WMT)

Girard Partners LTD. trimmed its stake in Walmart Inc (NYSE:WMT) by 9.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,270 shares of the retailer’s stock after selling 1,602 shares during the period. Girard Partners LTD.’s holdings in Walmart were worth $1,508,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of WMT. Lenox Wealth Advisors Inc. grew its holdings in Walmart by 13,287.5% during the 4th quarter. Lenox Wealth Advisors Inc. now owns 1,071 shares of the retailer’s stock worth $106,000 after acquiring an additional 1,063 shares during the period. Cerebellum GP LLC acquired a new stake in Walmart during the 4th quarter worth about $127,000. Cable Hill Partners LLC grew its holdings in Walmart by 8,165.4% during the 3rd quarter. Cable Hill Partners LLC now owns 2,149 shares of the retailer’s stock worth $168,000 after acquiring an additional 2,123 shares during the period. Alpha Omega Wealth Management LLC grew its holdings in Walmart by 49.0% during the 4th quarter. Alpha Omega Wealth Management LLC now owns 1,719 shares of the retailer’s stock worth $170,000 after acquiring an additional 565 shares during the period. Finally, Harvest Fund Management Co. Ltd acquired a new stake in Walmart during the 4th quarter worth about $181,000. Institutional investors and hedge funds own 29.99% of the company’s stock.

How to Become a New Pot Stock Millionaire

Walmart Inc (NYSE:WMT) opened at $85.42 on Monday. Walmart Inc has a 1 year low of $69.33 and a 1 year high of $109.98. The firm has a market cap of $253,046.67, a PE ratio of 26.12, a P/E/G ratio of 3.11 and a beta of 0.57. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.76 and a quick ratio of 0.20.

Walmart (NYSE:WMT) last announced its quarterly earnings results on Tuesday, February 20th. The retailer reported $1.33 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.37 by ($0.04). Walmart had a net margin of 1.97% and a return on equity of 16.85%. The business had revenue of $135.15 billion during the quarter, compared to the consensus estimate of $133.63 billion. During the same period in the previous year, the business posted $1.30 EPS. Walmart’s revenue was up 4.2% compared to the same quarter last year. equities analysts expect that Walmart Inc will post 4.92 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 2nd. Investors of record on Friday, December 7th will be given a $0.52 dividend. The ex-dividend date of this dividend is Thursday, December 6th. This represents a $2.08 annualized dividend and a yield of 2.44%. Walmart’s payout ratio is 63.61%.

A number of analysts have weighed in on the company. Barclays increased their price target on Walmart to $120.00 and gave the stock an “overweight” rating in a report on Friday, January 26th. Vetr upgraded Walmart from a “hold” rating to a “buy” rating and set a $110.28 price target for the company in a report on Thursday, February 1st. ValuEngine raised shares of Walmart from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Walmart in a research report on Tuesday, January 23rd. Finally, Zacks Investment Research cut shares of Walmart from a “buy” rating to a “hold” rating in a research report on Sunday, January 21st. Nineteen research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. Walmart has a consensus rating of “Buy” and an average target price of $102.40.

COPYRIGHT VIOLATION WARNING: This article was posted by Ticker Report and is the property of of Ticker Report. If you are reading this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright law. The original version of this article can be viewed at https://www.tickerreport.com/banking-finance/3301507/girard-partners-ltd-sells-1602-shares-of-walmart-inc-wmt.html.

About Walmart

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.

Institutional Ownership by Quarter for Walmart (NYSE:WMT)

Receive News & Ratings for Walmart Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walmart and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

SAP  Shares Gap Up  After Better-Than-Expected Earnings
SAP Shares Gap Up After Better-Than-Expected Earnings
Financial Review: Performant Financial  & Tencent
Financial Review: Performant Financial & Tencent
Financial Survey: Helen of Troy  & Deer Consumer Products
Financial Survey: Helen of Troy & Deer Consumer Products
Comparing New England Nuclear  and Its Peers
Comparing New England Nuclear and Its Peers
Mercury Systems  Stock Price Down 0% Following Weak Earnings
Mercury Systems Stock Price Down 0% Following Weak Earnings
Traders Purchase Large Volume of Call Options on Carter’s
Traders Purchase Large Volume of Call Options on Carter’s


© 2006-2018 Ticker Report. Google+.