Quent Capital LLC Purchases 187 Shares of The Walt Disney Company (NYSE:DIS)

Quent Capital LLC boosted its position in The Walt Disney Company (NYSE:DIS) by 2.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,150 shares of the entertainment giant’s stock after buying an additional 187 shares during the quarter. Quent Capital LLC’s holdings in Walt Disney were worth $796,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Jennison Associates LLC increased its stake in shares of Walt Disney by 23.4% in the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock worth $2,137,637,000 after purchasing an additional 3,636,742 shares during the period. International Assets Investment Management LLC boosted its stake in Walt Disney by 12,574.4% during the 3rd quarter. International Assets Investment Management LLC now owns 3,426,393 shares of the entertainment giant’s stock valued at $329,585,000 after purchasing an additional 3,399,359 shares during the period. FMR LLC grew its holdings in Walt Disney by 8.7% in the 3rd quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock valued at $3,310,539,000 after buying an additional 2,765,389 shares during the last quarter. Van ECK Associates Corp increased its position in Walt Disney by 114.4% in the 3rd quarter. Van ECK Associates Corp now owns 4,307,794 shares of the entertainment giant’s stock worth $414,582,000 after buying an additional 2,298,921 shares during the period. Finally, Janus Henderson Group PLC lifted its holdings in shares of Walt Disney by 112.0% during the third quarter. Janus Henderson Group PLC now owns 4,142,991 shares of the entertainment giant’s stock worth $398,508,000 after buying an additional 2,188,610 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analysts Set New Price Targets

DIS has been the topic of several research analyst reports. Loop Capital raised 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 raised their price target on shares of Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Guggenheim boosted their price objective on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, November 15th. The Goldman Sachs Group increased their target price on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. Finally, Prescient Securities lowered their price target on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Six analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.85.

Insiders Place Their Bets

In other news, EVP Brent Woodford sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total transaction of $568,100.00. Following the transaction, the executive vice president now directly owns 44,055 shares in the company, valued at approximately $5,005,529.10. This represents a 10.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert A. Iger sold 372,412 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $25,980,695.19. This represents a 62.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 385,412 shares of company stock valued at $44,153,263 in the last 90 days. 0.16% of the stock is currently owned by insiders.

Walt Disney Stock Performance

NYSE DIS opened at $109.01 on Wednesday. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The company has a 50 day moving average of $111.71 and a 200-day moving average of $101.39. The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.36. The firm has a market cap of $197.06 billion, a price-to-earnings ratio of 35.51, a PEG ratio of 1.95 and a beta of 1.42.

Walt Disney (NYSE:DIS) last released its quarterly earnings results 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 return on equity of 9.95% and a net margin of 6.07%. On average, equities analysts forecast that The Walt Disney Company will post 5.43 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were given a dividend of $0.50 per share. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. The ex-dividend date was Monday, December 16th. This represents a yield of 0.6%. Walt Disney’s dividend payout ratio is 32.57%.

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.