The Walt Disney Company (NYSE:DIS) Shares Sold by Aldebaran Financial Inc.

Aldebaran Financial Inc. lowered its position in shares of The Walt Disney Company (NYSE:DIS) by 6.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 12,178 shares of the entertainment giant’s stock after selling 790 shares during the period. Walt Disney accounts for 1.7% of Aldebaran Financial Inc.’s portfolio, making the stock its 15th biggest holding. Aldebaran Financial Inc.’s holdings in Walt Disney were worth $1,100,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DIS. Planned Solutions Inc. bought a new position in shares of Walt Disney in the fourth quarter valued at approximately $26,000. Dark Forest Capital Management LP acquired a new position in shares of Walt Disney during the 1st quarter valued at $28,000. Worth Asset Management LLC bought a new stake in shares of Walt Disney in the 1st quarter worth $29,000. Fortis Group Advisors LLC acquired a new stake in shares of Walt Disney in the third quarter valued at $30,000. Finally, Stone House Investment Management LLC boosted its stake in Walt Disney by 355.3% during the fourth quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock valued at $31,000 after buying an additional 270 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Sonia L. Coleman sold 1,857 shares of the firm’s stock in a transaction 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 completion of the transaction, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at approximately $536,448. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.10% of the stock is owned by corporate insiders.

Walt Disney Stock Up 0.2 %

Shares of NYSE DIS traded up $0.18 during mid-day trading on Friday, reaching $112.61. 9,436,023 shares of the company’s stock were exchanged, compared to its average volume of 10,044,029. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $206.56 billion, a price-to-earnings ratio of 69.51, a PEG ratio of 1.38 and a beta of 1.42. The business has a fifty day simple moving average of $113.98 and a 200 day simple moving average of $98.69. The Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $123.74.

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

Walt Disney Cuts Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on DIS shares. Argus upped their price objective on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. UBS Group boosted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, March 27th. Bank of America boosted their price target on shares of Walt Disney from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Monday, April 1st. Guggenheim raised their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, April 3rd. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Walt Disney from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have issued a buy rating to the company’s stock. According to MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and a consensus 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.