Columbia Trust Co 01012016 Acquires 2,920 Shares of The Walt Disney Company (NYSE:DIS)

Columbia Trust Co 01012016 boosted its stake in shares of The Walt Disney Company (NYSE:DIS) by 19.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,024 shares of the entertainment giant’s stock after acquiring an additional 2,920 shares during the quarter. Columbia Trust Co 01012016’s holdings in Walt Disney were worth $1,627,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Dark Forest Capital Management LP bought a new position in Walt Disney in the 1st quarter worth approximately $28,000. Worth Asset Management LLC bought a new stake in shares of Walt Disney during the first quarter worth $29,000. SkyView Investment Advisors LLC lifted its stake in shares of Walt Disney by 172.6% during the second quarter. SkyView Investment Advisors LLC now owns 319 shares of the entertainment giant’s stock valued at $78,000 after acquiring an additional 202 shares during the period. MBM Wealth Consultants LLC boosted its holdings in Walt Disney by 197.6% in the fourth quarter. MBM Wealth Consultants LLC now owns 366 shares of the entertainment giant’s stock valued at $33,000 after acquiring an additional 243 shares during the last quarter. Finally, Fortis Group Advisors LLC bought a new position in Walt Disney in the third quarter valued at about $30,000. Institutional investors and hedge funds own 61.17% of the company’s stock.

Walt Disney Stock Up 0.5 %

NYSE:DIS traded up $0.60 during trading hours on Tuesday, reaching $119.96. 11,848,768 shares of the stock were exchanged, compared to its average volume of 12,561,147. The Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $120.40. The firm has a 50 day moving average of $106.12 and a 200 day moving average of $94.07. The stock has a market cap of $220.04 billion, a PE ratio of 74.05, a PEG ratio of 1.79 and a beta of 1.41. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77.

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 analysts’ consensus estimates of $0.97 by $0.25. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The company had revenue of $23.50 billion during the quarter, compared to the consensus estimate of $23.71 billion. During the same period in the prior year, the business posted $0.99 EPS. The company’s quarterly revenue was down .1% on a year-over-year basis. On average, equities analysts expect that The Walt Disney Company will post 4.62 earnings per share for the current year.

Walt Disney Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Thursday, July 25th. Stockholders of record on Monday, July 8th will be issued a $0.45 dividend. This represents a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, July 8th. Walt Disney’s payout ratio is presently 55.56%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Raymond James raised their price target on Walt Disney from $112.00 to $128.00 and gave the company an “outperform” rating in a report on Tuesday. Macquarie raised their price objective on shares of Walt Disney from $94.00 to $104.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. Morgan Stanley lifted their target price on shares of Walt Disney from $110.00 to $135.00 and gave the stock an “overweight” rating in a report on Monday, March 4th. Tigress Financial reaffirmed a “buy” rating and set a $136.00 target price on shares of Walt Disney in a report on Wednesday, February 21st. Finally, The Goldman Sachs Group decreased their price objective on Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, February 8th. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty have given a buy rating to the stock. According to data from MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $115.27.

Insider Buying and Selling at Walt Disney

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

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.