The Walt Disney Company (NYSE:DIS) Stock Position Raised by Strategic Blueprint LLC

Strategic Blueprint LLC lifted its position in The Walt Disney Company (NYSE:DIS) by 5.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,627 shares of the entertainment giant’s stock after acquiring an additional 584 shares during the quarter. Strategic Blueprint LLC’s holdings in Walt Disney were worth $1,295,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DIS. Advisory Alpha LLC raised its holdings in shares of Walt Disney by 13.1% during the 2nd quarter. Advisory Alpha LLC now owns 7,014 shares of the entertainment giant’s stock valued at $696,000 after purchasing an additional 813 shares in the last quarter. 3Chopt Investment Partners LLC bought a new position in shares of Walt Disney during the 2nd quarter valued at $509,000. RiverFront Investment Group LLC raised its holdings in shares of Walt Disney by 3.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 5,780 shares of the entertainment giant’s stock valued at $574,000 after purchasing an additional 216 shares in the last quarter. Farmers National Bank grew its stake in Walt Disney by 4.6% in the 2nd quarter. Farmers National Bank now owns 49,627 shares of the entertainment giant’s stock valued at $4,927,000 after buying an additional 2,200 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL acquired a new position in Walt Disney in the 2nd quarter valued at $246,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of research analyst reports. 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. Deutsche Bank Aktiengesellschaft raised their target price on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Rosenblatt Securities raised their target price on shares of Walt Disney from $122.00 to $135.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Sanford C. Bernstein raised their target price on shares of Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, November 15th. Finally, Bank of America raised their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Five analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.52.

Walt Disney Stock Up 0.8 %

Shares of NYSE:DIS opened at $113.08 on Thursday. The stock has a market cap of $204.79 billion, a price-to-earnings ratio of 41.73, a P/E/G ratio of 1.95 and a beta of 1.43. 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 0.37, a current ratio of 0.73 and a quick ratio of 0.67. The company has a 50 day moving average of $112.45 and a 200-day moving average of $100.33.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Thursday, November 14th. The entertainment giant reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. The business had revenue of $22.57 billion for the quarter, compared to analyst estimates of $22.49 billion. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.82 earnings per share. On average, sell-side analysts forecast that The Walt Disney Company will post 5.41 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. Shareholders of record on Monday, December 16th were given a dividend of $0.50 per share. This is a positive change from Walt Disney’s previous semi-annual dividend of $0.45. This represents a yield of 0.6%. The ex-dividend date of this dividend was Monday, December 16th. Walt Disney’s dividend payout ratio is 36.90%.

Insiders Place Their Bets

In related news, EVP Brent Woodford sold 5,000 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total value of $568,100.00. Following the transaction, the executive vice president now directly owns 44,055 shares in the company, valued at approximately $5,005,529.10. This represents a 10.19 % decrease in their ownership of the stock. 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 the company’s stock in a transaction dated Friday, November 22nd. The shares were 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 $25,980,695.19. This trade represents a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 385,412 shares of company stock valued at $44,153,263. 0.16% of the stock is currently owned by corporate insiders.

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.