Kirr Marbach & Co. LLC IN Sells 272 Shares of The Walt Disney Company (NYSE:DIS)

Kirr Marbach & Co. LLC IN reduced its holdings in The Walt Disney Company (NYSE:DIS) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 33,508 shares of the entertainment giant’s stock after selling 272 shares during the quarter. Kirr Marbach & Co. LLC IN’s holdings in Walt Disney were worth $3,739,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in DIS. Concurrent Investment Advisors LLC increased its position in Walt Disney by 8.4% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 66,744 shares of the entertainment giant’s stock worth $6,420,000 after buying an additional 5,184 shares during the period. Charles Schwab Investment Management Inc. increased its position in Walt Disney by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 10,411,205 shares of the entertainment giant’s stock worth $1,001,454,000 after acquiring an additional 114,701 shares during the period. Brookstone Capital Management raised its stake in Walt Disney by 10.5% during the 4th quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant’s stock valued at $15,687,000 after purchasing an additional 13,339 shares during the last quarter. Summit Global Investments boosted its holdings in Walt Disney by 476.0% in the 3rd quarter. Summit Global Investments now owns 12,379 shares of the entertainment giant’s stock valued at $1,191,000 after purchasing an additional 10,230 shares during the period. Finally, Avanza Fonder AB acquired a new stake in Walt Disney in the 4th quarter worth $15,125,000. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Performance

Shares of NYSE:DIS opened at $112.26 on Wednesday. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 0.37. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The stock has a market capitalization of $203.30 billion, a P/E ratio of 41.43, a P/E/G ratio of 1.95 and a beta of 1.43. The business has a 50-day moving average price of $112.45 and a two-hundred day moving average price of $100.22.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share 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 business had revenue of $22.57 billion during the quarter, compared to the consensus estimate of $22.49 billion. During the same period in the previous year, the firm posted $0.82 earnings per share. Walt Disney’s revenue for the quarter was up 6.3% compared to the same quarter last year. Equities analysts predict that The Walt Disney Company will post 5.41 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. Stockholders of record on Monday, December 16th were given a $0.50 dividend. This is a positive change from Walt Disney’s previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. The ex-dividend date was Monday, December 16th. Walt Disney’s dividend payout ratio (DPR) is currently 36.90%.

Insider Buying and Selling

In other news, EVP Brent Woodford sold 5,000 shares of Walt Disney stock in a transaction 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 of the company’s stock, valued at $5,005,529.10. This trade represents a 10.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Robert A. Iger sold 372,412 shares of the company’s stock in a transaction 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 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 sold a total of 385,412 shares of company stock valued at $44,153,263 over the last three months. Company insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on DIS shares. Piper Sandler initiated coverage on shares of Walt Disney in a research report on Wednesday, October 16th. They set a “neutral” rating and a $95.00 price objective for the company. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and upped their price target for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Wells Fargo & Company lifted their price objective on Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Morgan Stanley upped their target price on Walt Disney from $110.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Finally, Evercore ISI lifted their price target on shares of Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Five analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $125.52.

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.