Eagle Bluffs Wealth Management LLC Sells 648 Shares of The Walt Disney Company (NYSE:DIS)

Eagle Bluffs Wealth Management LLC lessened its stake in shares of The Walt Disney Company (NYSE:DIS) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,502 shares of the entertainment giant’s stock after selling 648 shares during the quarter. Eagle Bluffs Wealth Management LLC’s holdings in Walt Disney were worth $1,405,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Markel Corp increased its holdings in shares of Walt Disney by 2.3% during the first quarter. Markel Corp now owns 1,922,665 shares of the entertainment giant’s stock valued at $263,713,000 after acquiring an additional 42,500 shares in the last quarter. Fairfield Bush & CO. increased its holdings in Walt Disney by 3.4% in the 1st quarter. Fairfield Bush & CO. now owns 9,624 shares of the entertainment giant’s stock worth $1,320,000 after buying an additional 320 shares in the last quarter. United Bank increased its holdings in Walt Disney by 8.7% in the 1st quarter. United Bank now owns 9,949 shares of the entertainment giant’s stock worth $1,365,000 after buying an additional 794 shares in the last quarter. AMI Investment Management Inc. increased its holdings in Walt Disney by 4.6% in the 1st quarter. AMI Investment Management Inc. now owns 24,918 shares of the entertainment giant’s stock worth $3,418,000 after buying an additional 1,094 shares in the last quarter. Finally, Mackenzie Financial Corp increased its holdings in Walt Disney by 0.6% in the 1st quarter. Mackenzie Financial Corp now owns 828,308 shares of the entertainment giant’s stock worth $113,611,000 after buying an additional 4,722 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Insider Activity

In related news, EVP Sonia L. Coleman sold 1,857 shares of Walt Disney stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the transaction, the executive vice president now owns 4,400 shares in the company, valued at $536,448. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

Walt Disney Trading Up 0.9 %

Walt Disney stock traded up $0.98 during mid-day trading on Tuesday, hitting $113.93. The company’s stock had a trading volume of 5,133,939 shares, compared to its average volume of 12,203,172. The Walt Disney Company has a one year low of $78.73 and a one year high of $123.74. The stock has a market cap of $208.98 billion, a PE ratio of 70.14, a P/E/G ratio of 1.65 and a beta of 1.42. The company has a 50 day moving average of $113.30 and a 200-day moving average of $97.91. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.77 and a current ratio of 0.84.

Walt Disney (NYSE:DIS) last issued its earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.25. The business had revenue of $23.50 billion during the quarter, compared to analysts’ expectations of $23.71 billion. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The business’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.99 EPS. On average, research analysts anticipate that The Walt Disney Company will post 4.66 EPS for the current year.

Walt Disney Cuts Dividend

The company also recently announced a semi-annual dividend, which will be paid on Thursday, July 25th. Stockholders of record on Monday, July 8th will be given a $0.45 dividend. The ex-dividend date of this dividend is Monday, July 8th. This represents a dividend yield of 0.5%. Walt Disney’s dividend payout ratio (DPR) is presently 18.52%.

Wall Street Analysts Forecast Growth

DIS has been the topic of several research reports. Guggenheim raised their target price on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, April 3rd. Wells Fargo & Company raised their target price on Walt Disney from $115.00 to $128.00 and gave the stock an “overweight” rating in a research report on Thursday, February 8th. Raymond James raised their target price on Walt Disney from $112.00 to $128.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 26th. Macquarie raised their target price on Walt Disney from $94.00 to $104.00 and gave the stock a “neutral” rating in a research report on Thursday, February 8th. Finally, Needham & Company LLC lifted their price objective on Walt Disney from $120.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, March 28th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the company. According to MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and an average target price of $124.54.

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.