Willner & Heller LLC Sells 472 Shares of The Walt Disney Company (NYSE:DIS)

Willner & Heller LLC trimmed its stake in The Walt Disney Company (NYSE:DIS) by 20.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,821 shares of the entertainment giant’s stock after selling 472 shares during the period. Willner & Heller LLC’s holdings in Walt Disney were worth $203,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. William B. Walkup & Associates Inc. bought a new stake in Walt Disney in the second quarter worth $32,000. Friedenthal Financial purchased a new position in shares of Walt Disney during the 4th quarter worth about $49,000. First PREMIER Bank grew its holdings in Walt Disney by 98.1% during the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after purchasing an additional 256 shares during the last quarter. Retirement Wealth Solutions LLC purchased a new stake in Walt Disney in the 4th quarter worth about $50,000. Finally, FSA Wealth Management LLC bought a new stake in Walt Disney in the third quarter worth about $51,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Morgan Stanley boosted their target price on shares of Walt Disney from $110.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Rosenblatt Securities upped their target price on shares of Walt Disney from $122.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Jefferies Financial Group initiated coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They set a “hold” rating and a $120.00 target price on the stock. Needham & Company LLC boosted their price target on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Bank of America lifted their target price on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Five investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $125.54.

Insider Buying and Selling

In related news, EVP Brent Woodford sold 5,000 shares of the stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total value of $568,100.00. Following the transaction, the executive vice president now owns 44,055 shares in the company, valued at approximately $5,005,529.10. This represents a 10.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Robert A. Iger sold 372,412 shares of Walt Disney 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 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 disclosure for this sale can be found here. Insiders sold 385,412 shares of company stock worth $44,153,263 in the last 90 days. Insiders own 0.10% of the company’s stock.

Walt Disney Trading Up 0.6 %

Walt Disney stock opened at $107.07 on Monday. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The stock has a market cap of $193.90 billion, a PE ratio of 39.51, a price-to-earnings-growth ratio of 1.94 and a beta of 1.43. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.67 and a current ratio of 0.73. The stock has a 50-day moving average of $112.08 and a two-hundred day moving average of $99.69.

Walt Disney (NYSE:DIS) last released its earnings results on Thursday, November 14th. The entertainment giant reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. The company had revenue of $22.57 billion during the quarter, compared to analysts’ expectations of $22.49 billion. During the same period last year, the business earned $0.82 EPS. Walt Disney’s revenue for the quarter was up 6.3% on a year-over-year basis. On average, research analysts anticipate that The Walt Disney Company will post 5.41 EPS for the current fiscal year.

Walt Disney Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were given a $0.50 dividend. This represents a dividend yield of 0.6%. This is an increase 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 is presently 36.90%.

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.