The Walt Disney Company (NYSE:DIS) Stock Holdings Reduced by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp lowered its position in The Walt Disney Company (NYSE:DIS) by 0.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,040 shares of the entertainment giant’s stock after selling 663 shares during the quarter. Walt Disney makes up approximately 1.7% of Noesis Capital Mangement Corp’s holdings, making the stock its 27th biggest position. Noesis Capital Mangement Corp’s holdings in Walt Disney were worth $7,046,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Evolution Advisers Inc. grew its stake in shares of Walt Disney by 38.2% in the fourth quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock worth $34,000 after purchasing an additional 105 shares during the last quarter. Gradient Capital Advisors LLC grew its stake in shares of Walt Disney by 2.9% in the fourth quarter. Gradient Capital Advisors LLC now owns 3,975 shares of the entertainment giant’s stock worth $359,000 after purchasing an additional 111 shares during the last quarter. First Business Financial Services Inc. grew its stake in shares of 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 worth $1,338,000 after purchasing an additional 113 shares during the last quarter. Royal Fund Management LLC grew its stake in shares of Walt Disney by 2.4% in the fourth quarter. Royal Fund Management LLC now owns 4,880 shares of the entertainment giant’s stock worth $441,000 after purchasing an additional 113 shares during the last quarter. Finally, Kelman Lazarov Inc. lifted its holdings in Walt Disney by 3.4% in the fourth quarter. Kelman Lazarov Inc. now owns 3,583 shares of the entertainment giant’s stock valued at $324,000 after buying an additional 117 shares during the period. Institutional investors own 65.71% of the company’s stock.

Insider Activity at Walt Disney

In related news, EVP Sonia L. Coleman sold 1,857 shares of Walt Disney stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at approximately $536,448. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DIS. Macquarie boosted their target price on shares of Walt Disney from $94.00 to $104.00 and gave the company a “neutral” rating in a report on Thursday, February 8th. Daiwa Capital Markets restated a “buy” rating and issued a $133.00 target price on shares of Walt Disney in a report on Monday, April 1st. Tigress Financial restated a “buy” rating and issued a $136.00 target price on shares of Walt Disney in a report on Wednesday, February 21st. Rosenblatt Securities boosted their target price on shares of Walt Disney from $129.00 to $137.00 and gave the company a “buy” rating in a report on Tuesday, April 2nd. Finally, Morgan Stanley boosted their target price on shares of Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a report on Monday, March 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have given a buy rating to the company’s stock. According to MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and an average target price of $125.08.

Walt Disney Trading Up 0.9 %

Shares of DIS traded up $1.04 during mid-day trading on Friday, hitting $113.66. 7,411,112 shares of the company’s stock traded hands, compared to its average volume of 7,776,801. The business’s 50-day moving average price is $114.50 and its 200-day moving average price is $100.60. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39. The Walt Disney Company has a 1 year low of $78.73 and a 1 year high of $123.74. The firm has a market capitalization of $208.49 billion, a P/E ratio of 70.16, a PEG ratio of 1.38 and a beta of 1.40.

Walt Disney (NYSE:DIS) last posted 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 firm had revenue of $23.50 billion for the quarter, compared to the consensus estimate of $23.71 billion. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The business’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter last year, the company earned $0.99 earnings per share. As a group, sell-side analysts forecast that The Walt Disney Company will post 4.67 EPS for the current fiscal year.

Walt Disney Cuts Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Thursday, July 25th. Investors of record on Monday, July 8th will be paid a dividend of $0.45 per share. This represents a yield of 0.5%. The ex-dividend date of this dividend is Monday, July 8th. Walt Disney’s dividend payout ratio (DPR) is presently 55.56%.

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.