Integrated Investment Consultants LLC Purchases 23,809 Shares of Walmart Inc. (NYSE:WMT)

Integrated Investment Consultants LLC lifted its holdings in Walmart Inc. (NYSE:WMT - Free Report) by 152.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,432 shares of the retailer's stock after buying 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.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. AE Wealth Management LLC lifted its stake in shares of Walmart by 36.6% in the 2nd quarter. AE Wealth Management LLC now owns 211,257 shares of the retailer's stock valued at $14,304,000 after purchasing an additional 56,658 shares during the period. Pacer Advisors Inc. lifted its holdings in Walmart by 3.2% during the second quarter. Pacer Advisors Inc. now owns 383,412 shares of the retailer's stock worth $25,961,000 after acquiring an additional 11,816 shares in the last quarter. Garden State Investment Advisory Services LLC grew its stake in Walmart by 15.9% in the second quarter. Garden State Investment Advisory Services LLC now owns 7,644 shares of the retailer's stock valued at $518,000 after acquiring an additional 1,047 shares during the period. Sei Investments Co. increased its holdings in shares of Walmart by 19.3% in the second quarter. Sei Investments Co. now owns 1,541,659 shares of the retailer's stock worth $104,388,000 after acquiring an additional 249,232 shares in the last quarter. Finally, Chesapeake Wealth Management raised its position in shares of Walmart by 5.5% during the second quarter. Chesapeake Wealth Management now owns 25,795 shares of the retailer's stock worth $1,747,000 after purchasing an additional 1,349 shares during the period. Institutional investors own 26.76% of the company's stock.

Insiders Place Their Bets

In related news, EVP Daniel J. Bartlett sold 1,830 shares of the firm's stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $91.07, for a total value of $166,658.10. Following the completion of the transaction, the executive vice president now directly owns 460,705 shares of the company's stock, valued at approximately $41,956,404.35. This trade represents a 0.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John D. Rainey sold 3,000 shares of the business's stock in a transaction on Friday, November 1st. The shares were sold at an average price of $82.12, for a total value of $246,360.00. Following the sale, the executive vice president now owns 378,165 shares in the company, valued at approximately $31,054,909.80. The trade was a 0.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 140,177 shares of company stock valued at $12,478,149. Company insiders own 45.58% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on WMT. Evercore ISI boosted their price objective on shares of Walmart from $94.00 to $96.00 and gave the company an "outperform" rating in a research report on Tuesday, December 3rd. Melius Research initiated coverage on shares of Walmart in a research note on Monday, September 23rd. They set a "buy" rating and a $95.00 target price for the company. Wells Fargo & Company upped their price objective on Walmart from $96.00 to $100.00 and gave the company an "overweight" rating in a report on Friday, January 10th. Tigress Financial lifted their price target on shares of Walmart from $86.00 to $115.00 and gave the company a "buy" rating in a research report on Friday, December 13th. Finally, TD Cowen increased their price objective on shares of Walmart from $90.00 to $100.00 and gave the stock a "buy" rating in a research note on Wednesday, November 20th. 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 data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $94.49.

Walmart Stock Up 0.8 %

WMT traded up $0.72 during trading on Friday, hitting $92.02. 15,705,502 shares of the company's stock were exchanged, compared to its average volume of 14,296,278. The company has a quick ratio of 0.23, a current ratio of 0.85 and a debt-to-equity ratio of 0.42. Walmart Inc. has a fifty-two week low of $53.44 and a fifty-two week high of $96.18. The stock has a market cap of $739.19 billion, a P/E ratio of 37.76, a PEG ratio of 4.41 and a beta of 0.55. The business's 50 day moving average is $91.15 and its two-hundred day moving average is $81.37.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. The firm had revenue of $169.59 billion for the quarter, compared to analysts' expectations of $167.69 billion. Walmart had a net margin of 2.92% and a return on equity of 21.78%. The company's quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.51 EPS. As a group, equities analysts expect that Walmart Inc. will post 2.47 earnings per share for the current fiscal year.

About Walmart

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.