Eubel Brady & Suttman Asset Management Inc. raised its stake in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 282,542 shares of the entertainment giant’s stock after purchasing an additional 2,285 shares during the period. Walt Disney accounts for 4.1% of Eubel Brady & Suttman Asset Management Inc.’s portfolio, making the stock its 4th largest position. Eubel Brady & Suttman Asset Management Inc.’s holdings in Walt Disney were worth $31,461,000 as of its most recent filing with the SEC.
Other large investors also recently bought and sold shares of the company. Bay Harbor Wealth Management LLC purchased a new stake in shares of Walt Disney during the 4th quarter worth about $35,000. Hager Investment Management Services LLC acquired a new position in Walt Disney during the fourth quarter valued at approximately $43,000. Cedar Mountain Advisors LLC grew its stake in Walt Disney by 38.1% during the fourth quarter. Cedar Mountain Advisors LLC now owns 399 shares of the entertainment giant’s stock worth $44,000 after buying an additional 110 shares during the period. Friedenthal Financial acquired a new stake in shares of Walt Disney in the fourth quarter worth $49,000. Finally, Retirement Wealth Solutions LLC purchased a new position in shares of Walt Disney in the 4th quarter valued at $50,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.
Insiders Place Their Bets
In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total value of $917,920.00. Following the sale, the executive vice president now owns 44,055 shares in the company, valued at approximately $5,054,870.70. This trade 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 can be accessed through this link. 0.16% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Get Our Latest Analysis on DIS
Walt Disney Trading Down 1.7 %
Walt Disney stock opened at $108.62 on Friday. 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 Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. The firm’s 50-day moving average is $110.70 and its 200-day moving average is $102.39. The company has a market cap of $196.37 billion, a P/E ratio of 35.38, a PEG ratio of 1.81 and a beta of 1.42.
Walt Disney (NYSE:DIS – Get Free Report) last issued 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%. On average, equities analysts expect 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. Investors of record on Monday, December 16th were paid a dividend of $0.50 per share. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. This represents a yield of 0.6%. The ex-dividend date was Monday, December 16th. Walt Disney’s dividend payout ratio is presently 32.57%.
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.
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