The Walt Disney Company (NYSE:DIS) Holdings Decreased by Dohj LLC

Dohj LLC reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 13.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,041 shares of the entertainment giant’s stock after selling 1,276 shares during the quarter. Dohj LLC’s holdings in Walt Disney were worth $726,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of DIS. Planned Solutions Inc. bought a new stake in shares of Walt Disney during the fourth quarter valued at about $26,000. Fortis Group Advisors LLC acquired a new position in Walt Disney during the third quarter worth about $30,000. Stone House Investment Management LLC grew its holdings 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 worth $31,000 after acquiring an additional 270 shares during the period. Evolution Advisers Inc. grew its holdings in Walt Disney by 38.2% during the fourth quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock worth $34,000 after acquiring an additional 105 shares during the period. Finally, Orion Capital Management LLC acquired a new position in Walt Disney during the third quarter worth about $35,000. 65.71% of the stock is currently owned by institutional investors.

Insider Transactions at Walt Disney

In other news, EVP Sonia L. Coleman sold 1,857 shares of the stock in a transaction on Monday, April 1st. The shares were 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 approximately $536,448. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.10% of the stock is currently owned by company insiders.

Walt Disney Stock Down 0.0 %

DIS stock traded down $0.04 during midday trading on Friday, reaching $112.73. The company had a trading volume of 6,304,843 shares, compared to its average volume of 9,049,604. The Walt Disney Company has a 1 year low of $78.73 and a 1 year high of $123.74. 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 company has a market capitalization of $206.78 billion, a P/E ratio of 69.59, a PEG ratio of 1.39 and a beta of 1.42. The company has a 50 day moving average of $114.18 and a two-hundred day moving average of $99.76.

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

Walt Disney Cuts Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Thursday, July 25th. Stockholders of record on Monday, July 8th will be paid 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 (DPR) is 18.52%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Rosenblatt Securities lifted their target price on Walt Disney from $129.00 to $137.00 and gave the stock a “buy” rating in a report on Tuesday, April 2nd. The Goldman Sachs Group lowered their target price on Walt Disney from $125.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, February 8th. Barclays raised Walt Disney from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $95.00 to $135.00 in a report on Monday, March 25th. Guggenheim lifted their price target on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, April 3rd. Finally, JPMorgan Chase & Co. started coverage on Walt Disney in a research note on Thursday, April 11th. They issued an “overweight” rating and a $140.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $125.08.

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.