The Walt Disney Company (NYSE:DIS) Shares Sold by Compass Capital Management Inc.

Compass Capital Management Inc. decreased its position in shares of The Walt Disney Company (NYSE:DIS) by 5.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 466,883 shares of the entertainment giant’s stock after selling 25,975 shares during the quarter. Walt Disney makes up about 3.0% of Compass Capital Management Inc.’s portfolio, making the stock its 25th biggest holding. Compass Capital Management Inc.’s holdings in Walt Disney were worth $42,155,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Auxano Advisors LLC boosted its holdings in Walt Disney by 1.2% in the fourth quarter. Auxano Advisors LLC now owns 17,418 shares of the entertainment giant’s stock valued at $1,573,000 after purchasing an additional 213 shares in the last quarter. WealthTrust Axiom LLC grew its holdings in shares of Walt Disney by 10.2% in the 4th quarter. WealthTrust Axiom LLC now owns 7,170 shares of the entertainment giant’s stock worth $647,000 after acquiring an additional 663 shares during the period. Certuity LLC boosted its position in shares of Walt Disney by 65.4% in the 4th quarter. Certuity LLC now owns 14,137 shares of the entertainment giant’s stock worth $1,276,000 after buying an additional 5,588 shares in the last quarter. Penobscot Investment Management Company Inc. grew its holdings in Walt Disney by 6.8% during the 4th quarter. Penobscot Investment Management Company Inc. now owns 29,579 shares of the entertainment giant’s stock valued at $2,671,000 after buying an additional 1,896 shares during the last quarter. Finally, Kestra Private Wealth Services LLC grew its holdings in Walt Disney by 6.9% in the 4th quarter. Kestra Private Wealth Services LLC now owns 108,550 shares of the entertainment giant’s stock valued at $9,801,000 after buying an additional 6,986 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Performance

Shares of NYSE DIS traded down $0.97 during midday trading on Tuesday, reaching $111.11. 8,142,981 shares of the company were exchanged, compared to its average volume of 11,683,330. The Walt Disney Company has a 1 year low of $78.73 and a 1 year high of $123.74. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 0.39. The stock has a fifty day simple moving average of $114.19 and a 200 day simple moving average of $100.06. The stock has a market cap of $203.80 billion, a P/E ratio of 68.61, a PEG ratio of 1.39 and a beta of 1.42.

Walt Disney (NYSE:DIS) last released its earnings results 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 during the quarter, compared to analysts’ expectations of $23.71 billion. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. Walt Disney’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the previous year, the company earned $0.99 EPS. On average, research analysts forecast that The Walt Disney Company will post 4.66 earnings per share for the current fiscal year.

Walt Disney Cuts Dividend

The business also recently announced a semi-annual dividend, which will be paid on Thursday, July 25th. Shareholders of record on Monday, July 8th will be paid a dividend of $0.45 per share. This represents a dividend yield of 0.5%. The ex-dividend date is Monday, July 8th. Walt Disney’s dividend payout ratio (DPR) is currently 18.52%.

Analysts Set New Price Targets

Several equities analysts recently commented on DIS shares. Wells Fargo & Company boosted their price target on Walt Disney from $128.00 to $141.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 23rd. Needham & Company LLC upped their target price on Walt Disney from $120.00 to $145.00 and gave the stock a “buy” rating in a research report on Thursday, March 28th. Raymond James lifted their price objective on shares of Walt Disney from $112.00 to $128.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 26th. Guggenheim boosted their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, April 3rd. Finally, The Goldman Sachs Group cut their price target on Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, February 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have issued a buy rating to the company. Based on data from MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.08.

Insider Buying and Selling

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

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.