Compass Capital Corp MA ADV Invests $439,000 in The Walt Disney Company (NYSE:DIS)

Compass Capital Corp MA ADV bought a new position in shares of The Walt Disney Company (NYSE:DIS) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 3,946 shares of the entertainment giant’s stock, valued at approximately $439,000.

A number of other hedge funds also recently modified their holdings of the stock. Farmers Trust Co. lifted its stake in shares of Walt Disney by 1.1% during the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock worth $945,000 after buying an additional 92 shares during the last quarter. Pathway Financial Advisors LLC lifted its stake in shares of Walt Disney by 2.7% during the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant’s stock worth $386,000 after buying an additional 92 shares during the last quarter. Prossimo Advisors LLC lifted its stake in shares of Walt Disney by 1.1% during the 4th quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock worth $972,000 after buying an additional 92 shares during the last quarter. Saxon Interests Inc. lifted its stake in shares of Walt Disney by 2.8% during the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock worth $380,000 after buying an additional 93 shares during the last quarter. Finally, Abundance Wealth Counselors lifted its stake in shares of Walt Disney by 1.0% during the 4th quarter. Abundance Wealth Counselors now owns 9,662 shares of the entertainment giant’s stock worth $1,076,000 after buying an additional 94 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Down 0.7 %

Shares of NYSE DIS opened at $110.52 on Friday. The company has a market capitalization of $199.80 billion, a P/E ratio of 36.00, a price-to-earnings-growth ratio of 1.81 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 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The company’s 50 day moving average price is $110.80 and its 200-day moving average price is $102.34.

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

Walt Disney Increases Dividend

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

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 8,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total transaction of $917,920.00. Following the transaction, the executive vice president now owns 44,055 shares in the company, valued at $5,054,870.70. The trade was a 15.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.16% of the company’s stock.

Wall Street Analysts Forecast Growth

DIS has been the subject of several analyst reports. Wells Fargo & Company lifted their price objective on shares of Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Loop Capital lifted their price objective on shares of Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Sanford C. Bernstein lifted their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday, November 15th. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Finally, The Goldman Sachs Group lifted their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $125.85.

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.