Schulhoff & Co. Inc. Reduces Holdings in The Walt Disney Company (NYSE:DIS)

Schulhoff & Co. Inc. lessened its stake in shares of The Walt Disney Company (NYSE:DIS) by 8.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,469 shares of the entertainment giant’s stock after selling 584 shares during the period. Schulhoff & Co. Inc.’s holdings in Walt Disney were worth $720,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. A&I Financial Services LLC acquired a new position in Walt Disney in the fourth quarter valued at $320,000. Linscomb Wealth Inc. acquired a new stake in Walt Disney in the 4th quarter valued at $236,000. QRG Capital Management Inc. lifted its position in Walt Disney by 3.1% during the 4th quarter. QRG Capital Management Inc. now owns 145,858 shares of the entertainment giant’s stock worth $16,241,000 after acquiring an additional 4,319 shares in the last quarter. Heritage Oak Wealth Advisors LLC purchased a new position in shares of Walt Disney in the fourth quarter valued at $259,000. Finally, First Command Advisory Services Inc. boosted its position in Walt Disney by 6.0% in the 4th quarter. First Command Advisory Services Inc. now owns 8,146 shares of the entertainment giant’s stock valued at $907,000 after buying an additional 462 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on DIS. Citigroup restated a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Sanford C. Bernstein increased their target price on Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, November 15th. Rosenblatt Securities reaffirmed a “buy” rating and set a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Finally, Jefferies Financial Group started coverage on Walt Disney in a report on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price objective for the company. Six equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $125.44.

Walt Disney Stock Performance

Shares of DIS opened at $111.26 on Friday. The company has a market capitalization of $201.13 billion, a PE ratio of 36.24, a PEG ratio of 1.80 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 $110.64 and its 200 day moving average price is $103.16.

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

Walt Disney Increases Dividend

The firm also recently announced 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%. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. The ex-dividend date was Monday, December 16th. Walt Disney’s dividend payout ratio is presently 32.57%.

Insider Buying and Selling at Walt Disney

In other news, EVP Brent Woodford sold 8,000 shares of the stock in a transaction dated Wednesday, December 11th. The stock was 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 of the company’s stock, valued at approximately $5,054,870.70. This represents a 15.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.16% of the company’s stock.

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.