Outfitter Financial LLC Sells 200 Shares of The Walt Disney Company (NYSE:DIS)

Outfitter Financial LLC decreased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 2.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 7,315 shares of the entertainment giant’s stock after selling 200 shares during the period. Outfitter Financial LLC’s holdings in Walt Disney were worth $815,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in DIS. Bay Harbor Wealth Management LLC bought a new position in Walt Disney during the fourth quarter worth about $35,000. Hager Investment Management Services LLC bought a new position in Walt Disney during the 4th quarter worth approximately $43,000. Cedar Mountain Advisors LLC grew its holdings in Walt Disney by 38.1% during the fourth quarter. Cedar Mountain Advisors LLC now owns 399 shares of the entertainment giant’s stock valued at $44,000 after purchasing an additional 110 shares during the period. Friedenthal Financial acquired a new position in Walt Disney during the fourth quarter valued at approximately $49,000. Finally, Retirement Wealth Solutions LLC bought a new stake in Walt Disney in the fourth quarter valued at approximately $50,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Down 0.7 %

NYSE:DIS opened at $110.52 on Friday. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74. The firm has a market capitalization of $199.80 billion, a price-to-earnings ratio of 36.00, a price-to-earnings-growth ratio of 1.81 and a beta of 1.42. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The stock’s 50 day moving average price is $110.80 and its two-hundred day moving average price is $102.34.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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%. Equities research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

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

Analyst Upgrades and Downgrades

DIS has been the subject of several research analyst reports. The Goldman Sachs Group boosted their price target on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. TD Cowen boosted their target price on Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a research note on Friday, November 15th. Deutsche Bank Aktiengesellschaft lifted their price objective on Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a report on Friday, November 15th. Loop Capital increased their target price on Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Six research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $125.85.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total value of $917,920.00. Following the sale, the executive vice president now owns 44,055 shares in the company, valued at $5,054,870.70. This represents a 15.37 % 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. 0.16% of the stock is currently owned by company insiders.

Walt Disney 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.