CFM Wealth Partners LLC Has $250,000 Stock Position in The Walt Disney Company (NYSE:DIS)

CFM Wealth Partners LLC reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 5.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,246 shares of the entertainment giant’s stock after selling 139 shares during the quarter. CFM Wealth Partners LLC’s holdings in Walt Disney were worth $250,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of DIS. Cedar Mountain Advisors LLC raised its position in shares of Walt Disney by 38.1% during the fourth quarter. Cedar Mountain Advisors LLC now owns 399 shares of the entertainment giant’s stock valued at $44,000 after buying an additional 110 shares during the last quarter. Friedenthal Financial bought a new position in Walt Disney during the fourth quarter valued at about $49,000. First PREMIER Bank raised its holdings in Walt Disney by 98.1% in the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after acquiring an additional 256 shares in the last quarter. Retirement Wealth Solutions LLC acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $50,000. Finally, FSA Wealth Management LLC bought a new stake in shares of Walt Disney during the third quarter valued at approximately $51,000. 65.71% of the stock is owned by institutional investors.

Walt Disney Trading Down 0.3 %

Shares of DIS opened at $113.04 on Monday. The stock’s fifty day simple moving average is $112.34 and its 200-day simple moving average is $100.64. The firm has a market capitalization of $204.43 billion, a PE ratio of 41.71, a price-to-earnings-growth ratio of 2.02 and a beta of 1.43. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37.

Walt Disney (NYSE:DIS) last released its earnings results on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. The company had revenue of $22.57 billion for the quarter, compared to the consensus estimate of $22.49 billion. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. The company’s revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.82 EPS. As a group, research analysts predict that The Walt Disney Company will post 5.41 earnings per share for the current year.

Walt Disney Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, December 16th were given a dividend of $0.50 per share. This is a boost from Walt Disney’s previous semi-annual dividend of $0.45. The ex-dividend date was Monday, December 16th. This represents a dividend yield of 0.6%. Walt Disney’s payout ratio is presently 36.90%.

Insider Transactions at Walt Disney

In related news, CEO Robert A. Iger sold 372,412 shares of the 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 sale, the chief executive officer now directly owns 226,767 shares in the company, valued at $25,980,695.19. This trade represents a 62.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Brent Woodford sold 8,000 shares of the company’s 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 completion of the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,054,870.70. The trade was a 15.37 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 385,412 shares of company stock worth $44,153,263 in the last three months. Insiders own 0.16% of the company’s stock.

Analyst Ratings Changes

DIS has been the topic of a number of recent research reports. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Loop Capital lifted their target price on shares of Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Needham & Company LLC increased their price target on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Rosenblatt Securities lifted their price objective on Walt Disney from $122.00 to $135.00 and gave the company a “buy” rating in a report on Monday, December 16th. Finally, Jefferies Financial Group started coverage on Walt Disney in a research note on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price objective on the stock. 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. According to MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $125.52.

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.