Private Wealth Partners LLC Acquires 4,057 Shares of The Walt Disney Company (NYSE:DIS)

Private Wealth Partners LLC increased its holdings in The Walt Disney Company (NYSE:DIS) by 4.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 104,316 shares of the entertainment giant’s stock after buying an additional 4,057 shares during the period. Walt Disney accounts for 0.9% of Private Wealth Partners LLC’s investment portfolio, making the stock its 29th biggest position. Private Wealth Partners LLC’s holdings in Walt Disney were worth $11,616,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of DIS. Jessup Wealth Management Inc bought a new position in shares of Walt Disney in the fourth quarter worth $316,000. Keene & Associates Inc. raised its stake in shares of Walt Disney by 2.9% during the 4th quarter. Keene & Associates Inc. now owns 30,265 shares of the entertainment giant’s stock valued at $3,370,000 after purchasing an additional 839 shares during the period. Good Life Advisors LLC lifted its holdings in Walt Disney by 31.3% during the 4th quarter. Good Life Advisors LLC now owns 22,430 shares of the entertainment giant’s stock worth $2,498,000 after purchasing an additional 5,348 shares in the last quarter. Financial Perspectives Inc boosted its stake in Walt Disney by 12.3% in the 4th quarter. Financial Perspectives Inc now owns 5,906 shares of the entertainment giant’s stock worth $658,000 after purchasing an additional 646 shares during the period. Finally, Pegasus Asset Management Inc. grew its holdings in Walt Disney by 1.6% during the 4th quarter. Pegasus Asset Management Inc. now owns 34,745 shares of the entertainment giant’s stock valued at $3,869,000 after buying an additional 543 shares in the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 8,000 shares of the company’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 completion of the transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Robert A. Iger sold 372,412 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $114.57, for a total value of $42,667,242.84. Following the completion of the sale, the chief executive officer now directly owns 226,767 shares in the company, valued at $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.16% of the company’s stock.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $111.28 on Thursday. The company’s fifty day moving average is $110.88 and its 200 day moving average is $102.29. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The stock has a market cap of $201.17 billion, a PE ratio of 36.25, a PEG ratio of 1.79 and a beta of 1.42.

Walt Disney (NYSE:DIS) last released its quarterly earnings data 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 return on equity of 9.95% and a net margin of 6.07%. Research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were paid a dividend of $0.50 per share. This represents a dividend yield of 0.6%. The ex-dividend date was Monday, December 16th. This is a positive change from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s dividend payout ratio is 32.57%.

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of recent analyst reports. Sanford C. Bernstein increased their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, November 15th. Evercore ISI increased their target price on shares of Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Morgan Stanley raised their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Macquarie reaffirmed a “neutral” rating and issued a $110.00 price target on shares of Walt Disney in a report on Monday, January 6th. Finally, Bank of America lifted their price objective on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Six equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price 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.