The Walt Disney Company (NYSE:DIS) Shares Sold by Gryphon Financial Partners LLC

Gryphon Financial Partners LLC lowered its stake in The Walt Disney Company (NYSE:DIS) by 10.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,770 shares of the entertainment giant’s stock after selling 438 shares during the quarter. Gryphon Financial Partners LLC’s holdings in Walt Disney were worth $420,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Winslow Asset Management Inc. grew its position in shares of Walt Disney by 0.4% in the fourth quarter. Winslow Asset Management Inc. now owns 72,154 shares of the entertainment giant’s stock valued at $8,034,000 after purchasing an additional 305 shares during the period. Auxano Advisors LLC lifted its stake in Walt Disney by 9.1% in the 4th quarter. Auxano Advisors LLC now owns 22,741 shares of the entertainment giant’s stock valued at $2,532,000 after buying an additional 1,891 shares in the last quarter. Garrett Wealth Advisory Group LLC boosted its holdings in Walt Disney by 4.5% in the 4th quarter. Garrett Wealth Advisory Group LLC now owns 6,120 shares of the entertainment giant’s stock worth $681,000 after buying an additional 264 shares during the last quarter. Fidelis Capital Partners LLC increased its stake in Walt Disney by 68.2% during the 4th quarter. Fidelis Capital Partners LLC now owns 11,392 shares of the entertainment giant’s stock worth $1,299,000 after buying an additional 4,621 shares in the last quarter. Finally, Quintet Private Bank Europe S.A. raised its holdings in shares of Walt Disney by 3.4% during the fourth quarter. Quintet Private Bank Europe S.A. now owns 674,206 shares of the entertainment giant’s stock valued at $75,073,000 after acquiring an additional 22,244 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Down 1.0 %

NYSE DIS opened at $112.69 on Tuesday. The firm’s 50-day moving average is $110.70 and its two-hundred day moving average is $103.66. The stock has a market capitalization of $203.72 billion, a P/E ratio of 36.71, a PEG ratio of 1.80 and a beta of 1.42. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.

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 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%. On average, sell-side analysts anticipate 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. Investors of record on Monday, December 16th were issued a $0.50 dividend. This represents a dividend 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 currently 32.57%.

Analysts Set New Price Targets

DIS has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Prescient Securities lowered their target price on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. The Goldman Sachs Group increased their target price on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. Jefferies Financial Group assumed coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price target on the stock. Finally, Citigroup reaffirmed a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research note on Wednesday, January 22nd. Six investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $125.44.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total transaction of $917,920.00. Following the sale, the executive vice president now directly owns 44,055 shares in the company, valued at $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.16% of the stock is owned by corporate insiders.

About Walt Disney

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.