Tradewinds Capital Management LLC raised its position in The Walt Disney Company (NYSE:DIS – Free Report) by 7.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,991 shares of the entertainment giant’s stock after purchasing an additional 211 shares during the period. Tradewinds Capital Management LLC’s holdings in Walt Disney were worth $333,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of DIS. FPC Investment Advisory Inc. bought a new position in shares of Walt Disney during the fourth quarter worth about $28,000. Bay Harbor Wealth Management LLC bought a new position in Walt Disney in the fourth quarter valued at $35,000. Hager Investment Management Services LLC bought a new position in Walt Disney in the fourth quarter valued at $43,000. Cedar Mountain Advisors LLC grew its position in Walt Disney by 38.1% in 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 in the last quarter. Finally, Friedenthal Financial bought a new position in Walt Disney in the fourth quarter valued at $49,000. Institutional investors own 65.71% of the company’s stock.
Analyst Upgrades and Downgrades
DIS has been the subject of a number of analyst reports. Morgan Stanley raised their price target on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Needham & Company LLC reissued a “buy” rating and issued a $130.00 target price on shares of Walt Disney in a research note on Wednesday, February 5th. Wells Fargo & Company raised their target price on shares of Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Prescient Securities decreased their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Finally, Macquarie reissued a “neutral” rating and issued a $110.00 price objective on shares of Walt Disney in a research report on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $125.44.
Walt Disney Price Performance
Shares of NYSE:DIS opened at $108.62 on Friday. The firm has a market cap of $196.37 billion, a PE ratio of 35.38, a price-to-earnings-growth ratio of 1.80 and a beta of 1.42. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The firm’s fifty day moving average is $110.70 and its 200-day moving average is $102.49. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68.
Walt Disney (NYSE:DIS – Get Free Report) last announced its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Sell-side analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.
Walt Disney Increases Dividend
The company also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were given a $0.50 dividend. The ex-dividend date was Monday, December 16th. This represents a dividend yield of 0.6%. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s payout ratio is 32.57%.
Insider Transactions at Walt Disney
In related news, EVP Brent Woodford sold 8,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total value of $917,920.00. Following the transaction, the executive vice president now owns 44,055 shares in the company, valued at $5,054,870.70. The trade was 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 hyperlink. Corporate insiders own 0.16% of the company’s stock.
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.
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