Integras Partners LLC acquired a new position in Walmart Inc. (NYSE:WMT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 33,340 shares of the retailer's stock, valued at approximately $3,012,000. Walmart comprises about 2.6% of Integras Partners LLC's investment portfolio, making the stock its 9th largest position.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Geode Capital Management LLC lifted its position in shares of Walmart by 3.3% during the 3rd quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer's stock valued at $7,048,465,000 after buying an additional 2,786,061 shares during the last quarter. FMR LLC lifted its position in shares of Walmart by 12.9% during the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer's stock valued at $5,098,203,000 after buying an additional 7,200,004 shares during the last quarter. Fisher Asset Management LLC lifted its position in shares of Walmart by 2.4% during the 4th quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock valued at $4,408,452,000 after buying an additional 1,133,201 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of Walmart by 3.7% during the 3rd quarter. Franklin Resources Inc. now owns 41,501,782 shares of the retailer's stock valued at $3,392,658,000 after buying an additional 1,480,927 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Walmart by 14.0% during the 4th quarter. Bank of New York Mellon Corp now owns 32,020,800 shares of the retailer's stock valued at $2,893,079,000 after buying an additional 3,927,173 shares during the last quarter. Hedge funds and other institutional investors own 26.76% of the company's stock.
Insider Activity at Walmart
In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $92.35, for a total value of $2,689,601.40. Following the completion of the sale, the chief executive officer now owns 3,785,702 shares in the company, valued at approximately $349,609,579.70. This trade represents a 0.76 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John R. Furner sold 13,125 shares of the stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $92.60, for a total value of $1,215,375.00. Following the completion of the sale, the executive vice president now owns 566,794 shares of the company's stock, valued at approximately $52,485,124.40. This trade represents a 2.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 185,777 shares of company stock worth $17,657,316 in the last ninety days. 45.58% of the stock is owned by company insiders.
Walmart Price Performance
WMT opened at $84.36 on Friday. The stock has a 50-day moving average price of $95.85 and a 200-day moving average price of $88.56. Walmart Inc. has a 12-month low of $58.56 and a 12-month high of $105.30. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $677.67 billion, a P/E ratio of 35.00, a PEG ratio of 4.42 and a beta of 0.53.
Walmart (NYSE:WMT - Get Free Report) last issued its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.02. The company had revenue of $180.55 billion during the quarter, compared to analysts' expectations of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. Equities analysts predict that Walmart Inc. will post 2.55 earnings per share for the current fiscal year.
Walmart Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, January 5th. Investors of record on Friday, December 12th will be issued a dividend of $0.235 per share. This represents a $0.94 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend is Friday, December 12th. Walmart's dividend payout ratio is presently 39.00%.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. TD Cowen upped their price target on Walmart from $90.00 to $100.00 and gave the company a "buy" rating in a research report on Wednesday, November 20th. DZ Bank upgraded Walmart from a "hold" rating to a "buy" rating and set a $110.00 price objective on the stock in a research note on Tuesday, February 25th. Citigroup reiterated a "positive" rating on shares of Walmart in a research note on Thursday, February 20th. Bank of America boosted their price objective on Walmart from $95.00 to $105.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Finally, Stifel Nicolaus boosted their price objective on Walmart from $89.00 to $94.00 and gave the company a "hold" rating in a research note on Tuesday, December 10th. One analyst has rated the stock with a hold rating, thirty have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $103.20.
Check Out Our Latest Research Report on WMT
Walmart Company Profile
(
Free Report)
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.
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