Integrated Investment Consultants LLC Raises Position in Walmart Inc. (NYSE:WMT)

Integrated Investment Consultants LLC lifted its holdings in shares of Walmart Inc. (NYSE:WMT) by 152.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,432 shares of the retailer’s stock after acquiring an additional 23,809 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Walmart were worth $3,563,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Peterson Financial Group Inc. purchased a new stake in shares of Walmart during the third quarter valued at approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of Walmart during the fourth quarter valued at approximately $32,000. Voisard Asset Management Group Inc. increased its position in shares of Walmart by 77.3% during the third quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer’s stock valued at $32,000 after acquiring an additional 174 shares during the last quarter. Hoese & Co LLP purchased a new stake in shares of Walmart during the third quarter valued at approximately $33,000. Finally, Livelsberger Financial Advisory purchased a new stake in Walmart in the third quarter worth $36,000. 26.76% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Walmart

In related news, Director Robert Edward Jr. Moritz bought 5,446 shares of the stock in a transaction dated Wednesday, November 27th. The stock was bought at an average price of $91.81 per share, with a total value of $499,997.26. Following the purchase, the director now owns 7,805 shares in the company, valued at approximately $716,577.05. The trade was a 230.86 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP David Chojnowski sold 5,600 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $91.45, for a total value of $512,120.00. Following the completion of the sale, the senior vice president now directly owns 87,404 shares of the company’s stock, valued at approximately $7,993,095.80. This trade represents a 6.02 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 140,177 shares of company stock worth $12,478,149. 45.58% of the stock is currently owned by corporate insiders.

Walmart Price Performance

WMT opened at $92.02 on Friday. The stock has a 50-day moving average price of $91.15 and a 200-day moving average price of $81.27. Walmart Inc. has a 12-month low of $53.44 and a 12-month high of $96.18. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $739.19 billion, a P/E ratio of 37.76, a PEG ratio of 4.41 and a beta of 0.55.

Walmart (NYSE:WMT) last posted its quarterly earnings data on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The firm had revenue of $169.59 billion during the quarter, compared to analysts’ expectations of $167.69 billion. During the same period in the prior year, the business earned $0.51 EPS. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. Equities analysts predict that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on WMT. Royal Bank of Canada reissued an “outperform” rating and issued a $105.00 target price on shares of Walmart in a research report on Wednesday. Sanford C. Bernstein raised their target price on Walmart from $98.00 to $102.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Telsey Advisory Group raised their target price on Walmart from $92.00 to $100.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 19th. Robert W. Baird raised their target price on Walmart from $90.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Finally, Tigress Financial raised their target price on Walmart from $86.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Two equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $94.49.

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.