Integras Partners LLC Invests $3.01 Million in Walmart Inc. (NYSE:WMT)

Integras Partners LLC bought a new position in Walmart Inc. (NYSE:WMT) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 33,340 shares of the retailer’s stock, valued at approximately $3,012,000. Walmart makes up approximately 2.6% of Integras Partners LLC’s portfolio, making the stock its 9th largest holding.

Several other institutional investors have also recently made changes to their positions in the company. Geode Capital Management LLC raised its position in shares of Walmart by 3.3% in the 3rd quarter. Geode Capital Management LLC now owns 87,617,409 shares of the retailer’s stock worth $7,048,465,000 after acquiring an additional 2,786,061 shares in the last quarter. FMR LLC raised its position in shares of Walmart by 12.9% in the 3rd quarter. FMR LLC now owns 63,135,639 shares of the retailer’s stock worth $5,098,203,000 after acquiring an additional 7,200,004 shares in the last quarter. Fisher Asset Management LLC raised its position in shares of Walmart by 2.4% in the 4th quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer’s stock worth $4,408,452,000 after acquiring an additional 1,133,201 shares in the last quarter. Franklin Resources Inc. increased its position in 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 in the last quarter. Finally, Bank of New York Mellon Corp increased its position in 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 in the last quarter. Institutional investors own 26.76% of the company’s stock.

Walmart Price Performance

NYSE WMT opened at $84.36 on Friday. The company has a market capitalization of $677.67 billion, a PE ratio of 35.00, a price-to-earnings-growth ratio of 4.42 and a beta of 0.53. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.23 and a current ratio of 0.82. The business’s fifty day moving average is $95.85 and its 200 day moving average is $88.56. Walmart Inc. has a fifty-two week low of $58.56 and a fifty-two week high of $105.30.

Walmart (NYSE:WMT) last released 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 for the quarter, compared to the consensus estimate of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. Sell-side analysts predict that Walmart Inc. will post 2.55 earnings per share for the current year.

Walmart Dividend Announcement

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 given a dividend of $0.235 per share. The ex-dividend date is Friday, December 12th. This represents a $0.94 annualized dividend and a yield of 1.11%. Walmart’s dividend payout ratio (DPR) is presently 39.00%.

Wall Street Analyst Weigh In

WMT has been the subject of a number of analyst reports. BMO Capital Markets raised their price objective on Walmart from $80.00 to $100.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Citigroup reaffirmed a “positive” rating on shares of Walmart in a research report on Thursday, February 20th. StockNews.com lowered Walmart from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 20th. Tigress Financial raised their price objective on Walmart from $86.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, December 13th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $115.00 price objective (up previously from $106.00) on shares of Walmart in a research report on Thursday, February 13th. One analyst has rated the stock with a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Walmart presently has an average rating of “Buy” and an average target price of $103.20.

Insider Activity at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $92.35, for a total transaction of $2,689,601.40. Following the sale, the chief executive officer now directly owns 3,785,702 shares of the company’s stock, valued at $349,609,579.70. This trade represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Daniel J. Bartlett sold 1,600 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $103.99, for a total value of $166,384.00. Following the sale, the executive vice president now directly owns 423,597 shares in the company, valued at approximately $44,049,852.03. This represents a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 185,777 shares of company stock worth $17,657,316. Corporate insiders own 45.58% of the company’s stock.

Walmart Company 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.