Talbot Financial LLC Increases Position in The Walt Disney Company (NYSE:DIS)

Talbot Financial LLC lifted its holdings in The Walt Disney Company (NYSE:DISFree Report) by 2.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 68,174 shares of the entertainment giant’s stock after buying an additional 1,904 shares during the quarter. Talbot Financial LLC’s holdings in Walt Disney were worth $6,155,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Compton Capital Management Inc. RI lifted its position in shares of Walt Disney by 0.5% during the first quarter. Compton Capital Management Inc. RI now owns 20,689 shares of the entertainment giant’s stock valued at $2,838,000 after buying an additional 100 shares during the last quarter. Carolinas Wealth Consulting LLC grew its position in shares of Walt Disney by 2.9% in the 1st quarter. Carolinas Wealth Consulting LLC now owns 3,575 shares of the entertainment giant’s stock worth $490,000 after buying an additional 100 shares during the last quarter. Linscomb & Williams Inc. raised its stake in shares of Walt Disney by 1.9% during the 1st quarter. Linscomb & Williams Inc. now owns 5,582 shares of the entertainment giant’s stock worth $766,000 after acquiring an additional 106 shares in the last quarter. Apexium Financial LP lifted its position in Walt Disney by 1.3% during the second quarter. Apexium Financial LP now owns 8,851 shares of the entertainment giant’s stock valued at $790,000 after acquiring an additional 113 shares during the last quarter. Finally, First Business Financial Services Inc. boosted its stake in Walt Disney by 0.7% in the third quarter. First Business Financial Services Inc. now owns 16,514 shares of the entertainment giant’s stock valued at $1,338,000 after acquiring an additional 113 shares in the last quarter. 61.17% of the stock is owned by institutional investors.

Analysts Set New Price Targets

DIS has been the topic of a number of recent analyst reports. Tigress Financial reaffirmed a “buy” rating and set a $136.00 price target on shares of Walt Disney in a research report on Wednesday, February 21st. Barclays upped their target price on Walt Disney from $88.00 to $95.00 and gave the company an “equal weight” rating in a research report on Thursday, February 8th. Rosenblatt Securities lowered their price target on Walt Disney from $114.00 to $112.00 and set a “buy” rating for the company in a report on Friday, December 22nd. Morgan Stanley boosted their price target on Walt Disney from $110.00 to $135.00 and gave the stock an “overweight” rating in a research note on Monday, March 4th. Finally, Wells Fargo & Company increased their price objective on shares of Walt Disney from $115.00 to $128.00 and gave the company an “overweight” rating in a research report on Thursday, February 8th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nineteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $112.23.

Read Our Latest Stock Analysis on DIS

Walt Disney Stock Performance

Shares of DIS traded up $1.95 during mid-day trading on Wednesday, reaching $116.46. The company had a trading volume of 11,611,485 shares, compared to its average volume of 12,720,917. The stock has a market capitalization of $213.62 billion, a P/E ratio of 71.89, a PEG ratio of 1.76 and a beta of 1.41. The Walt Disney Company has a 52-week low of $78.73 and a 52-week high of $116.51. The stock has a 50 day moving average of $103.95 and a two-hundred day moving average of $93.06. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39.

Walt Disney (NYSE:DISGet Free Report) last released its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, topping the consensus estimate of $0.97 by $0.25. The business had revenue of $23.50 billion for the quarter, compared to analyst estimates of $23.71 billion. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.99 EPS. On average, analysts expect that The Walt Disney Company will post 4.62 earnings per share for the current year.

Walt Disney Cuts Dividend

The company also recently declared a semi-annual dividend, which will be paid on Thursday, July 25th. Investors of record on Monday, July 8th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, July 8th. This represents a yield of 0.5%. Walt Disney’s dividend payout ratio is presently 18.52%.

Insider Buying and Selling at Walt Disney

In related news, EVP Sonia L. Coleman sold 898 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $90.11, for a total value of $80,918.78. Following the completion of the transaction, the executive vice president now owns 1,861 shares of the company’s stock, valued at approximately $167,694.71. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.10% of the stock is owned by corporate insiders.

Walt Disney Profile

(Free Report)

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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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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