The Walt Disney Company (NYSE:DIS) Shares Sold by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd cut its position in shares of The Walt Disney Company (NYSE:DIS) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 142,515 shares of the entertainment giant’s stock after selling 1,570 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Walt Disney were worth $15,869,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of DIS. Hunter Associates Investment Management LLC grew its holdings in Walt Disney by 4.8% in the third quarter. Hunter Associates Investment Management LLC now owns 6,595 shares of the entertainment giant’s stock valued at $635,000 after purchasing an additional 300 shares during the period. Integrated Advisors Network LLC grew its holdings in Walt Disney by 2.7% in the third quarter. Integrated Advisors Network LLC now owns 21,337 shares of the entertainment giant’s stock valued at $2,052,000 after purchasing an additional 558 shares during the period. Valmark Advisers Inc. grew its holdings in Walt Disney by 10.3% in the third quarter. Valmark Advisers Inc. now owns 10,435 shares of the entertainment giant’s stock valued at $1,004,000 after purchasing an additional 971 shares during the period. Jacobsen Capital Management grew its holdings in Walt Disney by 6.9% in the third quarter. Jacobsen Capital Management now owns 2,480 shares of the entertainment giant’s stock valued at $239,000 after purchasing an additional 159 shares during the period. Finally, Mutual Advisors LLC grew its stake in Walt Disney by 2.7% during the third quarter. Mutual Advisors LLC now owns 83,951 shares of the entertainment giant’s stock worth $8,009,000 after buying an additional 2,188 shares during the period. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Stock Up 1.2 %

DIS opened at $111.82 on Thursday. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The stock’s fifty day simple moving average is $110.64 and its 200 day simple moving average is $103.10. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The stock has a market cap of $202.14 billion, a PE ratio of 36.42, a price-to-earnings-growth ratio of 1.80 and a beta of 1.42.

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

Walt Disney Increases Dividend

The company also recently disclosed 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 is a boost from Walt Disney’s previous semi-annual dividend of $0.45. The ex-dividend date of this dividend was Monday, December 16th. This represents a yield of 0.6%. Walt Disney’s dividend payout ratio (DPR) is presently 32.57%.

Insiders Place Their Bets

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the 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 in the company, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their position. The transaction 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.

Wall Street Analyst Weigh In

Several research firms have issued reports on DIS. Morgan Stanley boosted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. TD Cowen boosted their price objective on shares of Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a research note on Friday, November 15th. Guggenheim boosted their target price on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Citigroup reissued a “buy” rating and set a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Finally, Bank of America increased their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Six analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $125.44.

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.