Consilium Wealth Advisory LLC Buys 13,948 Shares of Walmart Inc. (NYSE:WMT)

Consilium Wealth Advisory LLC grew its stake in shares of Walmart Inc. (NYSE:WMT - Free Report) by 157.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,818 shares of the retailer's stock after acquiring an additional 13,948 shares during the period. Walmart comprises 1.0% of Consilium Wealth Advisory LLC's investment portfolio, making the stock its 23rd biggest position. Consilium Wealth Advisory LLC's holdings in Walmart were worth $1,843,000 as of its most recent filing with the Securities & Exchange Commission.

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A number of other hedge funds also recently modified their holdings of WMT. Voisard Asset Management Group Inc. lifted its position in shares of Walmart by 77.3% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 399 shares of the retailer's stock valued at $32,000 after buying an additional 174 shares during the last quarter. Hoese & Co LLP bought a new position in Walmart during the third quarter worth about $33,000. EntryPoint Capital LLC purchased a new position in shares of Walmart in the first quarter worth about $25,000. TruNorth Capital Management LLC raised its position in shares of Walmart by 138.3% in the second quarter. TruNorth Capital Management LLC now owns 429 shares of the retailer's stock valued at $29,000 after purchasing an additional 249 shares during the period. Finally, Cultivar Capital Inc. purchased a new stake in shares of Walmart during the 2nd quarter valued at approximately $29,000. Institutional investors own 26.76% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Stifel Nicolaus boosted their target price on shares of Walmart from $71.00 to $73.00 and gave the company a "hold" rating in a report on Tuesday, August 13th. Roth Mkm boosted their price objective on Walmart from $71.00 to $81.00 and gave the company a "buy" rating in a research note on Friday, August 16th. TD Cowen raised their target price on Walmart from $80.00 to $85.00 and gave the stock a "buy" rating in a research note on Friday, August 16th. BMO Capital Markets reiterated an "outperform" rating and set a $80.00 price target on shares of Walmart in a research report on Friday, August 16th. Finally, Royal Bank of Canada raised their price objective on shares of Walmart from $74.00 to $80.00 and gave the company an "outperform" rating in a research report on Friday, August 16th. One investment analyst has rated the stock with a hold rating, twenty-nine have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Walmart currently has a consensus rating of "Buy" and an average target price of $83.89.

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View Our Latest Research Report on WMT

Walmart Trading Up 0.5 %

Shares of NYSE WMT traded up $0.39 during midday trading on Wednesday, reaching $84.07. The company had a trading volume of 2,803,026 shares, compared to its average volume of 16,728,154. The firm's fifty day moving average price is $80.08 and its 200-day moving average price is $71.58. The company has a quick ratio of 0.22, a current ratio of 0.80 and a debt-to-equity ratio of 0.46. Walmart Inc. has a one year low of $49.85 and a one year high of $85.18. The stock has a market cap of $675.78 billion, a PE ratio of 43.51, a price-to-earnings-growth ratio of 4.13 and a beta of 0.51.

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Walmart (NYSE:WMT - Get Free Report) last posted its quarterly earnings results on Thursday, August 15th. The retailer reported $0.67 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.02. The company had revenue of $169.30 billion during the quarter, compared to analyst estimates of $168.56 billion. Walmart had a net margin of 2.34% and a return on equity of 21.72%. The firm's revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.61 EPS. On average, equities research analysts anticipate that Walmart Inc. will post 2.44 earnings per share for the current year.

Insider Transactions at Walmart

In other Walmart news, EVP John D. Rainey sold 3,000 shares of the company's stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $82.12, for a total transaction of $246,360.00. Following the completion of the transaction, the executive vice president now owns 378,165 shares of the company's stock, valued at $31,054,909.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, EVP John D. Rainey sold 3,000 shares of the stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $82.12, for a total value of $246,360.00. Following the completion of the transaction, the executive vice president now directly owns 378,165 shares of the company's stock, valued at $31,054,909.80. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder S Robson Walton sold 4,057,369 shares of the firm's stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $77.20, for a total value of $313,228,886.80. Following the completion of the transaction, the insider now owns 611,988,318 shares of the company's stock, valued at approximately $47,245,498,149.60. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,337,337 shares of company stock worth $958,823,647. Company insiders own 45.58% of the company's stock.

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.

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