Fort Sheridan Advisors LLC Sells 955 Shares of The Walt Disney Company (NYSE:DIS)

Fort Sheridan Advisors LLC trimmed its holdings in The Walt Disney Company (NYSE:DIS) by 6.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,809 shares of the entertainment giant’s stock after selling 955 shares during the quarter. Fort Sheridan Advisors LLC’s holdings in Walt Disney were worth $1,538,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Farmers Trust Co. raised its stake in shares of Walt Disney by 1.1% in the fourth quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock worth $945,000 after acquiring an additional 92 shares during the last quarter. Pathway Financial Advisors LLC raised its position in Walt Disney by 2.7% in the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant’s stock worth $386,000 after purchasing an additional 92 shares during the last quarter. Prossimo Advisors LLC lifted its holdings in Walt Disney by 1.1% during the 4th quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock worth $972,000 after buying an additional 92 shares in the last quarter. Saxon Interests Inc. boosted its position in Walt Disney by 2.8% in the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock valued at $380,000 after buying an additional 93 shares during the last quarter. Finally, Abundance Wealth Counselors increased its stake in shares of Walt Disney by 1.0% in the 4th quarter. Abundance Wealth Counselors now owns 9,662 shares of the entertainment giant’s stock valued at $1,076,000 after buying an additional 94 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insider Activity

In related news, EVP Brent Woodford sold 8,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total transaction of $917,920.00. Following the completion of the transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.16% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on DIS shares. TD Cowen upped their price target on Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a research note on Friday, November 15th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Macquarie reissued a “neutral” rating and set a $110.00 price target on shares of Walt Disney in a research note on Monday, January 6th. Loop Capital raised their price objective on shares of Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Finally, Morgan Stanley upped their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Six research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $125.44.

Walt Disney Stock Down 0.5 %

Shares of Walt Disney stock opened at $111.26 on Friday. The firm has a market cap of $201.13 billion, a PE ratio of 36.24, a P/E/G ratio of 1.80 and a beta of 1.42. The business’s 50 day simple moving average is $110.64 and its 200 day simple moving average is $103.16. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74.

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, beating 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%. On average, analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

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

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.