The Walt Disney Company (NYSE:DIS) Shares Acquired by Sfmg LLC

Sfmg LLC lifted its position in shares of The Walt Disney Company (NYSE:DIS) by 8.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,201 shares of the entertainment giant’s stock after acquiring an additional 331 shares during the period. Sfmg LLC’s holdings in Walt Disney were worth $379,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Compton Capital Management Inc. RI increased its holdings in shares of Walt Disney by 0.5% in the first quarter. Compton Capital Management Inc. RI now owns 20,689 shares of the entertainment giant’s stock worth $2,838,000 after acquiring an additional 100 shares in the last quarter. Carolinas Wealth Consulting LLC increased its holdings in shares of Walt Disney by 2.9% in the first quarter. Carolinas Wealth Consulting LLC now owns 3,575 shares of the entertainment giant’s stock worth $490,000 after acquiring an additional 100 shares in the last quarter. Linscomb & Williams Inc. increased its holdings in shares of Walt Disney by 1.9% in the first quarter. Linscomb & Williams Inc. now owns 5,582 shares of the entertainment giant’s stock worth $766,000 after acquiring an additional 106 shares in the last quarter. First Business Financial Services Inc. boosted its position in shares of Walt Disney by 0.7% during the third quarter. First Business Financial Services Inc. now owns 16,514 shares of the entertainment giant’s stock worth $1,338,000 after buying an additional 113 shares during the period. Finally, CoreCap Advisors LLC boosted its position in shares of Walt Disney by 0.5% during the fourth quarter. CoreCap Advisors LLC now owns 24,096 shares of the entertainment giant’s stock worth $2,176,000 after buying an additional 118 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on DIS shares. Macquarie upped their price objective on Walt Disney from $94.00 to $104.00 and gave the stock a “neutral” rating in a research report on Thursday, February 8th. UBS Group increased their price target on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, March 27th. Morgan Stanley increased their price target on Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a research report on Monday, March 4th. Raymond James increased their price target on Walt Disney from $112.00 to $128.00 and gave the company an “outperform” rating in a research report on Tuesday, March 26th. Finally, Guggenheim increased their price target on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, April 3rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the company. According to MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and an average target price of $124.54.

Insiders Place Their Bets

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the firm’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the transaction, the executive vice president now owns 4,400 shares in the company, valued at approximately $536,448. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Walt Disney Price Performance

Shares of NYSE DIS opened at $112.94 on Thursday. The business’s 50 day moving average is $113.86 and its 200-day moving average is $98.25. The Walt Disney Company has a 1-year low of $78.73 and a 1-year high of $123.74. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 0.39. The firm has a market cap of $207.17 billion, a P/E ratio of 69.72, a price-to-earnings-growth ratio of 1.65 and a beta of 1.42.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.25. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The firm had revenue of $23.50 billion for the quarter, compared to analyst estimates of $23.71 billion. During the same quarter last year, the company earned $0.99 EPS. The company’s revenue was down .1% on a year-over-year basis. Equities research analysts predict that The Walt Disney Company will post 4.66 earnings per share 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. Shareholders of record on Monday, July 8th will be paid a dividend of $0.45 per share. The ex-dividend date is Monday, July 8th. This represents a yield of 0.5%. Walt Disney’s dividend payout ratio (DPR) is presently 18.52%.

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.