Valeo Financial Advisors LLC Decreases Stake in The Walt Disney Company (NYSE:DIS)

Valeo Financial Advisors LLC decreased its position in The Walt Disney Company (NYSE:DIS) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 100,791 shares of the entertainment giant’s stock after selling 1,338 shares during the period. Valeo Financial Advisors LLC’s holdings in Walt Disney were worth $11,223,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Latko Wealth Management Ltd. purchased a new stake in Walt Disney in the 4th quarter valued at about $245,000. Chevy Chase Trust Holdings LLC increased its stake in Walt Disney by 2.1% in the 4th quarter. Chevy Chase Trust Holdings LLC now owns 1,521,524 shares of the entertainment giant’s stock valued at $169,422,000 after buying an additional 31,829 shares during the last quarter. Vicus Capital increased its stake in shares of Walt Disney by 5.4% during the 4th quarter. Vicus Capital now owns 6,320 shares of the entertainment giant’s stock worth $704,000 after purchasing an additional 325 shares during the last quarter. Banque Pictet & Cie SA increased its stake in shares of Walt Disney by 3.8% during the 4th quarter. Banque Pictet & Cie SA now owns 22,560 shares of the entertainment giant’s stock worth $2,512,000 after purchasing an additional 820 shares during the last quarter. Finally, V Square Quantitative Management LLC increased its stake in shares of Walt Disney by 1.3% during the 4th quarter. V Square Quantitative Management LLC now owns 34,353 shares of the entertainment giant’s stock worth $3,825,000 after purchasing an additional 430 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on DIS. Macquarie restated a “neutral” rating and set a $110.00 price target on shares of Walt Disney in a research note on Monday, January 6th. Jefferies Financial Group began coverage on shares of Walt Disney in a research note on Wednesday, December 4th. They set a “hold” rating and a $120.00 price target for the company. Loop Capital raised their price target on shares of Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. TD Cowen raised their price target on shares of Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a research note on Friday, November 15th. Finally, Needham & Company LLC restated a “buy” rating and set a $130.00 price target on shares of Walt Disney in a research note on Wednesday, February 5th. Six equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $125.85.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 8,000 shares of Walt Disney stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total transaction of $917,920.00. Following the completion of the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,054,870.70. The trade was a 15.37 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Robert A. Iger sold 372,412 shares of Walt Disney stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the completion of the transaction, the chief executive officer now owns 226,767 shares in the company, valued at approximately $25,980,695.19. The trade was a 62.15 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 385,412 shares of company stock valued at $44,153,263. Insiders own 0.16% of the company’s stock.

Walt Disney Stock Up 0.7 %

Shares of NYSE:DIS opened at $110.31 on Friday. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.67. The company has a market cap of $199.42 billion, a price-to-earnings ratio of 35.93, a PEG ratio of 1.95 and a beta of 1.42. The firm has a fifty day moving average price of $111.27 and a two-hundred day moving average price of $101.72.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Analysts anticipate that The Walt Disney Company will post 5.43 EPS for the current fiscal year.

Walt Disney Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were issued a dividend of $0.50 per share. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, December 16th. Walt Disney’s payout ratio is currently 32.57%.

Walt Disney Company Profile

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.