The Walt Disney Company (NYSE:DIS) is V2 Financial group LLC’s 4th Largest Position

V2 Financial group LLC lowered its position in The Walt Disney Company (NYSE:DIS) by 1.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,756 shares of the entertainment giant’s stock after selling 719 shares during the quarter. Walt Disney comprises about 3.0% of V2 Financial group LLC’s portfolio, making the stock its 4th largest position. V2 Financial group LLC’s holdings in Walt Disney were worth $4,984,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Livforsakringsbolaget Skandia Omsesidigt grew its position in Walt Disney by 347.8% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 14,541 shares of the entertainment giant’s stock valued at $1,398,000 after acquiring an additional 11,294 shares during the last quarter. Mechanics Bank Trust Department grew its holdings in shares of Walt Disney by 7.7% in the third quarter. Mechanics Bank Trust Department now owns 13,699 shares of the entertainment giant’s stock worth $1,318,000 after purchasing an additional 975 shares during the last quarter. City State Bank increased its stake in Walt Disney by 51.4% in the 3rd quarter. City State Bank now owns 2,896 shares of the entertainment giant’s stock worth $279,000 after buying an additional 983 shares during the period. Retirement Planning Group LLC lifted its holdings in Walt Disney by 17.5% during the 3rd quarter. Retirement Planning Group LLC now owns 4,241 shares of the entertainment giant’s stock valued at $408,000 after buying an additional 632 shares in the last quarter. Finally, Douglas Lane & Associates LLC boosted its position in Walt Disney by 1.2% in the 3rd quarter. Douglas Lane & Associates LLC now owns 660,206 shares of the entertainment giant’s stock valued at $63,505,000 after buying an additional 7,853 shares during the period. Institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

DIS has been the subject of several research analyst reports. Citigroup reaffirmed a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Prescient Securities dropped their price target on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Guggenheim lifted their price objective on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, November 15th. Needham & Company LLC reiterated a “buy” rating and set a $130.00 target price on shares of Walt Disney in a report on Wednesday, February 5th. Finally, Bank of America boosted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Friday, November 15th. Six research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $125.85.

Walt Disney Stock Down 1.1 %

DIS stock opened at $110.83 on Monday. The stock has a market capitalization of $200.36 billion, a PE ratio of 36.10, a price-to-earnings-growth ratio of 1.95 and a beta of 1.42. 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 50 day moving average of $111.87 and a 200 day moving average of $101.19.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating 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%. Sell-side analysts forecast that The Walt Disney Company will post 5.43 earnings per share for the current year.

Walt Disney Increases Dividend

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

Insider Buying and Selling

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 transaction of $917,920.00. Following the completion of the transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,054,870.70. This trade represents a 15.37 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Robert A. Iger sold 372,412 shares of the company’s stock in a transaction on 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 completion of the sale, the chief executive officer now directly owns 226,767 shares in the company, valued at $25,980,695.19. This trade represents a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 385,412 shares of company stock valued at $44,153,263 over the last quarter. 0.16% of the stock is currently owned by company insiders.

Walt Disney Company 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.