The Walt Disney Company (NYSE:DIS) Shares Sold by Rothschild Investment LLC

Rothschild Investment LLC cut its stake in shares of The Walt Disney Company (NYSE:DIS) by 5.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 31,174 shares of the entertainment giant’s stock after selling 1,771 shares during the quarter. Rothschild Investment LLC’s holdings in Walt Disney were worth $3,471,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Allspring Global Investments Holdings LLC boosted its holdings in Walt Disney by 4.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 107,880 shares of the entertainment giant’s stock valued at $10,377,000 after purchasing an additional 4,878 shares in the last quarter. GHP Investment Advisors Inc. boosted its holdings in Walt Disney by 2.8% in the third quarter. GHP Investment Advisors Inc. now owns 66,531 shares of the entertainment giant’s stock valued at $6,400,000 after purchasing an additional 1,782 shares in the last quarter. Modera Wealth Management LLC boosted its holdings in Walt Disney by 2.6% in the third quarter. Modera Wealth Management LLC now owns 105,663 shares of the entertainment giant’s stock valued at $10,164,000 after purchasing an additional 2,657 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its holdings in Walt Disney by 5.3% in the third quarter. DekaBank Deutsche Girozentrale now owns 1,416,537 shares of the entertainment giant’s stock valued at $135,398,000 after purchasing an additional 71,908 shares in the last quarter. Finally, Bristlecone Advisors LLC lifted its stake in Walt Disney by 3.0% in the third quarter. Bristlecone Advisors LLC now owns 42,462 shares of the entertainment giant’s stock valued at $4,084,000 after buying an additional 1,233 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 8,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total value of $917,920.00. Following the completion of the sale, the executive vice president now owns 44,055 shares of the company’s stock, valued at $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.16% of the company’s stock.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $108.62 on Monday. The business has a fifty day simple moving average of $110.70 and a 200-day simple moving average of $102.58. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a market cap of $196.37 billion, a P/E ratio of 35.38, a P/E/G ratio of 1.80 and a beta of 1.42.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Increases Dividend

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

Wall Street Analyst Weigh In

DIS has been the subject of several analyst reports. Prescient Securities cut their price target on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Loop Capital upped their price target on Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Evercore ISI upped their price target on Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Wells Fargo & Company upped their price target on Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $130.00 target price on shares of Walt Disney in a report on Wednesday, February 5th. Six equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $125.44.

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.