Tudor Financial Inc. Invests $285,000 in The Walt Disney Company (NYSE:DIS)

Tudor Financial Inc. acquired a new position in The Walt Disney Company (NYSE:DIS) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,560 shares of the entertainment giant’s stock, valued at approximately $285,000.

Several other institutional investors have also recently bought and sold shares of the stock. William B. Walkup & Associates Inc. bought a new stake in shares of Walt Disney during the 2nd quarter valued at $32,000. Friedenthal Financial acquired a new position in Walt Disney in the 4th quarter worth $49,000. First PREMIER Bank boosted its stake in Walt Disney by 98.1% in the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after purchasing an additional 256 shares during the period. Retirement Wealth Solutions LLC acquired a new position in Walt Disney in the 4th quarter worth $50,000. Finally, FSA Wealth Management LLC acquired a new position in shares of Walt Disney during the 3rd quarter worth about $51,000. Institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Rosenblatt Securities upped their target price on shares of Walt Disney from $122.00 to $135.00 and gave the company a “buy” rating in a report on Monday, December 16th. Needham & Company LLC raised their target price on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and increased their price target for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Guggenheim raised their target price on shares of Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Finally, Macquarie restated a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Five investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $125.54.

Walt Disney Stock Performance

NYSE DIS opened at $107.07 on Tuesday. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.67. The stock has a market capitalization of $193.90 billion, a PE ratio of 39.51, a P/E/G ratio of 1.94 and a beta of 1.43. The company’s 50 day simple moving average is $112.08 and its two-hundred day simple moving average is $99.70.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.05. The firm had revenue of $22.57 billion for the quarter, compared to analysts’ expectations of $22.49 billion. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. The business’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the company posted $0.82 EPS. Analysts predict that The Walt Disney Company will post 5.41 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were issued a dividend of $0.50 per share. The ex-dividend date was Monday, December 16th. This represents a dividend yield of 0.6%. This is a positive change from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s dividend payout ratio (DPR) is currently 36.90%.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the firm’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 sale, the executive vice president now owns 44,055 shares of the company’s stock, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Robert A. Iger sold 372,412 shares of the firm’s 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 sale, the chief executive officer now directly owns 226,767 shares in the company, valued at approximately $25,980,695.19. This trade represents a 62.15 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 385,412 shares of company stock valued at $44,153,263. Insiders own 0.10% of the company’s stock.

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.