Arlington Financial Advisors LLC Sells 2,857 Shares of The Walt Disney Company (NYSE:DIS)

Arlington Financial Advisors LLC reduced its stake in The Walt Disney Company (NYSE:DIS) by 8.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,919 shares of the entertainment giant’s stock after selling 2,857 shares during the period. Arlington Financial Advisors LLC’s holdings in Walt Disney were worth $3,666,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Wedmont Private Capital raised its position in Walt Disney by 4.4% in the 3rd quarter. Wedmont Private Capital now owns 16,289 shares of the entertainment giant’s stock valued at $1,505,000 after purchasing an additional 693 shares during the last quarter. Perpetual Ltd raised its holdings in shares of Walt Disney by 95.1% in the third quarter. Perpetual Ltd now owns 27,701 shares of the entertainment giant’s stock valued at $2,665,000 after buying an additional 13,504 shares during the last quarter. WealthBridge Investment Counsel Inc. lifted its position in Walt Disney by 0.5% during the 3rd quarter. WealthBridge Investment Counsel Inc. now owns 64,486 shares of the entertainment giant’s stock worth $6,203,000 after buying an additional 300 shares in the last quarter. Pinnacle Bancorp Inc. grew its holdings in Walt Disney by 4.1% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 5,651 shares of the entertainment giant’s stock worth $544,000 after acquiring an additional 223 shares during the last quarter. Finally, Watts Gwilliam & Co. LLC acquired a new stake in Walt Disney in the 3rd quarter valued at about $1,347,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Robert A. Iger sold 372,412 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $114.57, for a total value of $42,667,242.84. Following the sale, the chief executive officer now owns 226,767 shares of the company’s stock, valued at $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Brent Woodford sold 5,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total transaction of $568,100.00. Following the completion of the transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,005,529.10. This trade represents a 10.19 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 385,412 shares of company stock worth $44,153,263. 0.16% of the stock is owned by corporate insiders.

Walt Disney Stock Performance

Shares of DIS stock opened at $110.83 on Friday. The company has a market capitalization of $200.43 billion, a P/E ratio of 40.90, a price-to-earnings-growth ratio of 2.02 and a beta of 1.42. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.67 and a current ratio of 0.73. The company’s 50 day moving average price is $112.00 and its two-hundred day moving average price is $101.07.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. On average, analysts expect that The Walt Disney Company will post 5.41 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were given a dividend of $0.50 per share. This is a boost from Walt Disney’s previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, December 16th. Walt Disney’s dividend payout ratio is currently 32.57%.

Analyst Upgrades and Downgrades

DIS has been the topic of several research analyst reports. Wells Fargo & Company increased their price target on shares of Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Citigroup reiterated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a research report on Wednesday, January 22nd. Morgan Stanley boosted their target price on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday. The Goldman Sachs Group raised their price target on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Rosenblatt Securities boosted their price objective on Walt Disney from $122.00 to $135.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Six investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $125.85.

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.