Uncommon Cents Investing LLC Lowers Stock Holdings in The Walt Disney Company (NYSE:DIS)

Uncommon Cents Investing LLC cut its holdings in shares of The Walt Disney Company (NYSE:DIS) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,778 shares of the entertainment giant’s stock after selling 465 shares during the period. Uncommon Cents Investing LLC’s holdings in Walt Disney were worth $973,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Dark Forest Capital Management LP purchased a new position in Walt Disney in the 1st quarter valued at approximately $28,000. Worth Asset Management LLC acquired a new stake in shares of Walt Disney in the first quarter valued at $29,000. Planned Solutions Inc. purchased a new position in Walt Disney in the fourth quarter valued at $26,000. SkyView Investment Advisors LLC grew its stake in Walt Disney by 172.6% during the 2nd quarter. SkyView Investment Advisors LLC now owns 319 shares of the entertainment giant’s stock worth $78,000 after purchasing an additional 202 shares in the last quarter. Finally, MBM Wealth Consultants LLC increased its holdings in Walt Disney by 197.6% during the 4th quarter. MBM Wealth Consultants LLC now owns 366 shares of the entertainment giant’s stock worth $33,000 after purchasing an additional 243 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of DIS stock opened at $122.36 on Friday. The Walt Disney Company has a 52-week low of $78.73 and a 52-week high of $123.74. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39. The stock’s 50-day moving average price is $107.28 and its 200 day moving average price is $94.53. The stock has a market capitalization of $224.44 billion, a PE ratio of 75.53, a price-to-earnings-growth ratio of 1.86 and a beta of 1.41.

Walt Disney (NYSE:DIS) last released its earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.25. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The company had revenue of $23.50 billion for the quarter, compared to analysts’ expectations of $23.71 billion. During the same quarter in the previous year, the firm posted $0.99 EPS. The firm’s quarterly revenue was down .1% on a year-over-year basis. As a group, equities research analysts forecast that The Walt Disney Company will post 4.66 EPS for the current year.

Walt Disney Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Thursday, July 25th. Investors of record on Monday, July 8th will be paid a $0.45 dividend. This represents a dividend yield of 0.5%. The ex-dividend date is Monday, July 8th. Walt Disney’s dividend payout ratio (DPR) is 18.52%.

Analyst Ratings Changes

Several brokerages have recently issued reports on DIS. Tigress Financial reiterated a “buy” rating and issued a $136.00 price objective on shares of Walt Disney in a research note on Wednesday, February 21st. The Goldman Sachs Group lowered their price target on shares of Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, February 8th. Needham & Company LLC raised their price objective on shares of Walt Disney from $120.00 to $145.00 and gave the company a “buy” rating in a report on Thursday. UBS Group boosted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Walt Disney from $115.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $117.77.

Insider Buying and Selling

In other Walt Disney news, EVP Sonia L. Coleman sold 898 shares of the stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $90.11, for a total value of $80,918.78. Following the completion of the transaction, the executive vice president now directly owns 1,861 shares of the company’s stock, valued at $167,694.71. The sale was disclosed in a filing with the SEC, which is available at this link. 0.10% of the stock is owned by insiders.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.