Hudson Value Partners LLC Sells 5,938 Shares of The Walt Disney Company (NYSE:DIS)

Hudson Value Partners LLC lessened its stake in shares of The Walt Disney Company (NYSE:DIS) by 37.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 10,115 shares of the entertainment giant’s stock after selling 5,938 shares during the period. Hudson Value Partners LLC’s holdings in Walt Disney were worth $1,126,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of DIS. OLD National Bancorp IN raised its holdings in Walt Disney by 13.7% during the third quarter. OLD National Bancorp IN now owns 14,612 shares of the entertainment giant’s stock worth $1,406,000 after acquiring an additional 1,758 shares in the last quarter. Vest Financial LLC increased its position in Walt Disney by 200.6% during the third quarter. Vest Financial LLC now owns 6,554 shares of the entertainment giant’s stock worth $630,000 after buying an additional 4,374 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Walt Disney by 4.7% during the third 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 increased its position in Walt Disney by 3.9% during the third 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 last quarter. Finally, Telos Capital Management Inc. increased its position in Walt Disney by 3.0% during the third quarter. Telos Capital Management Inc. now owns 72,105 shares of the entertainment giant’s stock worth $6,936,000 after buying an additional 2,128 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Down 0.8 %

NYSE DIS opened at $109.48 on Wednesday. The business’s 50-day moving average is $110.95 and its 200 day moving average is $102.13. The stock has a market capitalization of $197.91 billion, a PE ratio of 35.66, a PEG ratio of 1.79 and a beta of 1.42. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS 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%. Sell-side analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Increases Dividend

The business 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. The ex-dividend date was Monday, December 16th. This represents a dividend yield of 0.6%. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s dividend payout ratio (DPR) is 32.57%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Sanford C. Bernstein boosted their price target on Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, November 15th. Needham & Company LLC restated a “buy” rating and set a $130.00 target price on shares of Walt Disney in a research note on Wednesday, February 5th. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and upped their target price for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft increased their price target on Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Finally, Wells Fargo & Company increased their price target on Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Six analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $125.85.

Insider Buying and Selling

In related news, EVP Brent Woodford sold 8,000 shares of the business’s 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 completion of the sale, the executive vice president now owns 44,055 shares in the company, valued at approximately $5,054,870.70. The trade was a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert A. Iger sold 372,412 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was 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 owns 226,767 shares of the company’s stock, valued at approximately $25,980,695.19. This trade represents a 62.15 % decrease in their position. The disclosure for this sale can be found here. 0.16% of the stock is owned by 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.