Private Wealth Partners LLC Buys 4,057 Shares of The Walt Disney Company (NYSE:DIS)

Private Wealth Partners LLC raised its position in shares of The Walt Disney Company (NYSE:DIS) by 4.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 104,316 shares of the entertainment giant’s stock after purchasing an additional 4,057 shares during the quarter. Walt Disney makes up approximately 0.9% of Private Wealth Partners LLC’s investment portfolio, making the stock its 29th largest holding. Private Wealth Partners LLC’s holdings in Walt Disney were worth $11,616,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Jessup Wealth Management Inc bought a new position in Walt Disney during the fourth quarter worth $316,000. Keene & Associates Inc. grew its holdings in Walt Disney by 2.9% during the 4th quarter. Keene & Associates Inc. now owns 30,265 shares of the entertainment giant’s stock worth $3,370,000 after acquiring an additional 839 shares during the period. Good Life Advisors LLC raised its position in shares of Walt Disney by 31.3% in the 4th quarter. Good Life Advisors LLC now owns 22,430 shares of the entertainment giant’s stock worth $2,498,000 after acquiring an additional 5,348 shares in the last quarter. Financial Perspectives Inc lifted its stake in shares of Walt Disney by 12.3% in the 4th quarter. Financial Perspectives Inc now owns 5,906 shares of the entertainment giant’s stock valued at $658,000 after purchasing an additional 646 shares during the period. Finally, Pegasus Asset Management Inc. boosted its position in shares of Walt Disney by 1.6% during the 4th quarter. Pegasus Asset Management Inc. now owns 34,745 shares of the entertainment giant’s stock valued at $3,869,000 after purchasing an additional 543 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on DIS. Guggenheim lifted their target price on Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Rosenblatt Securities reissued a “buy” rating and set a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Jefferies Financial Group assumed coverage on shares of Walt Disney in a research note on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price target for the company. Finally, The Goldman Sachs Group increased their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. 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 company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $125.85.

Walt Disney Trading Up 1.6 %

Shares of DIS stock opened at $111.28 on Thursday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The company has a market capitalization of $201.17 billion, a price-to-earnings ratio of 36.25, a PEG ratio of 1.79 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 50-day simple moving average of $110.88 and a two-hundred day simple moving average of $102.29.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were paid a dividend of $0.50 per share. 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 was Monday, December 16th. Walt Disney’s payout ratio is presently 32.57%.

Insider Buying and Selling

In other Walt Disney news, CEO Robert A. Iger sold 372,412 shares of Walt Disney stock in a transaction dated 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 sale, the chief executive officer now owns 226,767 shares of the company’s stock, valued at approximately $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Brent Woodford sold 8,000 shares of the 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 transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. 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.