Warren Street Wealth Advisors LLC Has $222,000 Stake in The Walt Disney Company (NYSE:DIS)

Warren Street Wealth Advisors LLC trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 7.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,997 shares of the entertainment giant’s stock after selling 157 shares during the quarter. Warren Street Wealth Advisors LLC’s holdings in Walt Disney were worth $222,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Farmers Trust Co. lifted its position in Walt Disney by 1.1% during the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock valued at $945,000 after purchasing an additional 92 shares during the period. Saxon Interests Inc. increased its holdings in shares of Walt Disney by 2.8% in the fourth quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock worth $380,000 after acquiring an additional 93 shares in the last quarter. Abundance Wealth Counselors raised its holdings in Walt Disney by 1.0% during the 4th quarter. Abundance Wealth Counselors now owns 9,662 shares of the entertainment giant’s stock worth $1,076,000 after buying an additional 94 shares during the period. Bank Hapoalim BM raised its holdings in shares of Walt Disney by 2.2% during the fourth quarter. Bank Hapoalim BM now owns 4,539 shares of the entertainment giant’s stock worth $505,000 after acquiring an additional 96 shares during the period. Finally, Great Diamond Partners LLC lifted its holdings in shares of Walt Disney by 1.6% in the fourth quarter. Great Diamond Partners LLC now owns 6,105 shares of the entertainment giant’s stock valued at $680,000 after purchasing an additional 98 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Robert A. Iger sold 372,412 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the transaction, the chief executive officer now directly owns 226,767 shares in the company, valued at $25,980,695.19. This represents a 62.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Brent Woodford sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total transaction of $568,100.00. Following the sale, the executive vice president now owns 44,055 shares of the company’s stock, valued at approximately $5,005,529.10. This represents a 10.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 385,412 shares of company stock valued at $44,153,263. 0.16% of the stock is owned by insiders.

Analysts Set New Price Targets

DIS has been the subject of a number of recent research reports. Loop Capital increased their price objective on shares of Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and boosted their price target for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Sanford C. Bernstein boosted their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a report on Friday, November 15th. Finally, Guggenheim raised their price target on Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Six 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 company. According to MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and a consensus price target of $125.85.

Walt Disney Stock Performance

Shares of Walt Disney stock opened at $109.25 on Thursday. The firm’s 50 day moving average is $111.56 and its two-hundred day moving average is $101.53. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The company has a quick ratio of 0.67, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $197.50 billion, a P/E ratio of 35.59, a P/E/G ratio of 1.95 and a beta of 1.42.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Research analysts forecast that The Walt Disney Company will post 5.43 EPS for the current fiscal year.

Walt Disney Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, December 16th were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, December 16th. This is a boost from Walt Disney’s previous semi-annual dividend of $0.45. This represents a yield of 0.6%. Walt Disney’s dividend payout ratio (DPR) is 32.57%.

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.