Chapman Investment Management LLC Sells 375 Shares of The Walt Disney Company (NYSE:DIS)

Chapman Investment Management LLC decreased its stake in shares of The Walt Disney Company (NYSE:DIS) by 1.6% during the 4th quarter, Holdings Channel reports. The firm owned 23,019 shares of the entertainment giant’s stock after selling 375 shares during the period. Walt Disney comprises about 1.9% of Chapman Investment Management LLC’s investment portfolio, making the stock its 17th biggest position. Chapman Investment Management LLC’s holdings in Walt Disney were worth $2,563,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in DIS. OLD National Bancorp IN lifted its holdings in Walt Disney by 13.7% during the 3rd quarter. OLD National Bancorp IN now owns 14,612 shares of the entertainment giant’s stock valued at $1,406,000 after purchasing an additional 1,758 shares during the last quarter. Vest Financial LLC raised its position in shares of Walt Disney by 200.6% in the third quarter. Vest Financial LLC now owns 6,554 shares of the entertainment giant’s stock valued at $630,000 after purchasing an additional 4,374 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of Walt Disney by 4.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 107,880 shares of the entertainment giant’s stock worth $10,377,000 after buying an additional 4,878 shares during the last quarter. Ledyard National Bank boosted its holdings in shares of Walt Disney by 3.9% during the 3rd quarter. Ledyard National Bank now owns 6,300 shares of the entertainment giant’s stock worth $606,000 after buying an additional 235 shares during the period. Finally, Telos Capital Management Inc. grew its stake in Walt Disney by 3.0% in the 3rd quarter. Telos Capital Management Inc. now owns 72,105 shares of the entertainment giant’s stock valued at $6,936,000 after buying an additional 2,128 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total value of $917,920.00. Following the transaction, the executive vice president now owns 44,055 shares in the company, valued at approximately $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 value 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 $25,980,695.19. This trade represents a 62.15 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.16% of the company’s stock.

Walt Disney Trading Down 0.8 %

NYSE:DIS opened at $109.48 on Wednesday. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The firm’s fifty day moving average is $110.95 and its 200-day moving average is $102.13. The firm has a market cap of $197.91 billion, a P/E ratio of 35.66, a P/E/G ratio of 1.95 and a beta of 1.42. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.67 and a current ratio of 0.68.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping 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%. Equities analysts expect that The Walt Disney Company will post 5.43 earnings per share for the current year.

Walt Disney Increases Dividend

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

Wall Street Analyst Weigh In

DIS has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft boosted their price objective on Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Morgan Stanley boosted their price target on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Jefferies Financial Group started coverage on Walt Disney in a research report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price objective on the stock. Macquarie reissued a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Finally, TD Cowen raised their price target on shares of Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a research report on Friday, November 15th. Six analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and a consensus price target of $125.85.

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.