The Walt Disney Company (NYSE:DIS) Shares Sold by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT lessened its holdings in The Walt Disney Company (NYSE:DIS) by 9.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 99,062 shares of the entertainment giant’s stock after selling 10,174 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Walt Disney were worth $11,031,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Paradigm Asset Management Co. LLC boosted its stake in Walt Disney by 1,280.0% in the 4th quarter. Paradigm Asset Management Co. LLC now owns 20,700 shares of the entertainment giant’s stock worth $2,305,000 after purchasing an additional 19,200 shares in the last quarter. Compass Capital Corp MA ADV acquired a new stake in shares of Walt Disney during the fourth quarter worth $439,000. Cordatus Wealth Management LLC grew its holdings in shares of Walt Disney by 4.2% during the fourth quarter. Cordatus Wealth Management LLC now owns 14,230 shares of the entertainment giant’s stock valued at $1,584,000 after buying an additional 573 shares during the last quarter. Centricity Wealth Management LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at $72,000. Finally, Legacy Capital Group California Inc. raised its stake in Walt Disney by 4.6% in the 4th quarter. Legacy Capital Group California Inc. now owns 16,284 shares of the entertainment giant’s stock worth $1,813,000 after acquiring an additional 710 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Down 0.7 %

Shares of DIS opened at $110.52 on Friday. The stock has a 50 day moving average price of $110.80 and a 200 day moving average price of $102.34. 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 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The stock has a market capitalization of $199.80 billion, a price-to-earnings ratio of 36.00, a PEG ratio of 1.81 and a beta of 1.42.

Walt Disney (NYSE:DIS) last released its 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 research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were issued 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 payout ratio is currently 32.57%.

Analyst Ratings Changes

Several analysts have weighed in on DIS shares. Jefferies Financial Group assumed coverage on Walt Disney in a research note on Wednesday, December 4th. They set a “hold” rating and a $120.00 price target on the stock. Morgan Stanley raised their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. TD Cowen upped their price objective on shares of Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a report on Friday, November 15th. Macquarie reiterated a “neutral” rating and issued a $110.00 price objective on shares of Walt Disney in a research note on Monday, January 6th. Finally, Sanford C. Bernstein boosted their target price on shares of Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday, November 15th. Six analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $125.85.

Insider Activity

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the business’s stock in a transaction on 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. The trade was a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.16% of the company’s stock.

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.