The Walt Disney Company (NYSE:DIS) Shares Sold by Atlas Private Wealth Advisors

Atlas Private Wealth Advisors reduced its position in shares of The Walt Disney Company (NYSE:DIS) by 14.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,509 shares of the entertainment giant’s stock after selling 600 shares during the period. Atlas Private Wealth Advisors’ holdings in Walt Disney were worth $391,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Eclectic Associates Inc. ADV grew its position in shares of Walt Disney by 10.8% during the fourth quarter. Eclectic Associates Inc. ADV now owns 8,313 shares of the entertainment giant’s stock worth $926,000 after buying an additional 811 shares in the last quarter. CX Institutional lifted its stake in Walt Disney by 15.2% in the fourth quarter. CX Institutional now owns 9,272 shares of the entertainment giant’s stock valued at $1,032,000 after buying an additional 1,222 shares during the last quarter. Patriot Investment Management Group Inc. bought a new stake in shares of Walt Disney during the fourth quarter valued at about $209,000. Private Capital Advisors Inc. bought a new stake in shares of Walt Disney during the fourth quarter valued at about $346,000. Finally, Matthew Goff Investment Advisor LLC raised its stake in shares of Walt Disney by 0.6% during the fourth quarter. Matthew Goff Investment Advisor LLC now owns 100,752 shares of the entertainment giant’s stock valued at $11,219,000 after purchasing an additional 597 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total value of $568,100.00. Following the sale, the executive vice president now owns 44,055 shares in the company, valued at $5,005,529.10. This trade represents a 10.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Robert A. Iger sold 372,412 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief executive officer now owns 226,767 shares in the company, valued at $25,980,695.19. This represents a 62.15 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 385,412 shares of company stock valued at $44,153,263. 0.10% of the stock is currently owned by company insiders.

Walt Disney Trading Up 1.1 %

Walt Disney stock opened at $112.25 on Friday. The firm has a 50-day moving average of $112.52 and a 200-day moving average of $99.98. 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 market cap of $203.28 billion, a price-to-earnings ratio of 41.42, a P/E/G ratio of 1.95 and a beta of 1.43.

Walt Disney (NYSE:DIS) last issued its earnings results on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.05. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. The business had revenue of $22.57 billion during the quarter, compared to the consensus estimate of $22.49 billion. During the same period last year, the business posted $0.82 EPS. Walt Disney’s revenue was up 6.3% on a year-over-year basis. On average, equities analysts expect that The Walt Disney Company will post 5.41 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, December 16th were issued a $0.50 dividend. This is a boost 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 currently 36.90%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on DIS shares. Citigroup reissued a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research note on Wednesday. Raymond James reaffirmed a “market perform” rating on shares of Walt Disney in a research note on Tuesday, October 1st. Rosenblatt Securities lifted their price target on Walt Disney from $122.00 to $135.00 and gave the company a “buy” rating in a report on Monday, December 16th. Macquarie restated a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a report on Monday, January 6th. Finally, Loop Capital upped their price target on Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Five equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $125.52.

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.