Fort Sheridan Advisors LLC Sells 955 Shares of The Walt Disney Company (NYSE:DIS)

Fort Sheridan Advisors LLC decreased its holdings in The Walt Disney Company (NYSE:DIS) by 6.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,809 shares of the entertainment giant’s stock after selling 955 shares during the period. Fort Sheridan Advisors LLC’s holdings in Walt Disney were worth $1,538,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. A&I Financial Services LLC acquired a new position in shares of Walt Disney in the fourth quarter valued at $320,000. Linscomb Wealth Inc. acquired a new position in Walt Disney in the 4th quarter valued at about $236,000. QRG Capital Management Inc. lifted its position in Walt Disney by 3.1% during the fourth quarter. QRG Capital Management Inc. now owns 145,858 shares of the entertainment giant’s stock worth $16,241,000 after acquiring an additional 4,319 shares during the last quarter. Heritage Oak Wealth Advisors LLC bought a new stake in shares of Walt Disney during the fourth quarter worth approximately $259,000. Finally, First Command Advisory Services Inc. grew its position in shares of Walt Disney by 6.0% in the fourth quarter. First Command Advisory Services Inc. now owns 8,146 shares of the entertainment giant’s stock valued at $907,000 after purchasing an additional 462 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. TD Cowen boosted their price target on Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a research note on Friday, November 15th. The Goldman Sachs Group lifted their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Loop Capital increased their target price on shares of Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Jefferies Financial Group started coverage on Walt Disney in a report on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price objective for the company. Finally, Sanford C. Bernstein increased their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, November 15th. Six research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $125.44.

Walt Disney Stock Down 0.5 %

Shares of NYSE:DIS opened at $111.26 on Friday. The company has a market cap of $201.13 billion, a price-to-earnings ratio of 36.24, a PEG ratio of 1.80 and a beta of 1.42. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The firm has a fifty day moving average price of $110.64 and a two-hundred day moving average price of $103.16. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping 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%. Analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Increases Dividend

The business also recently disclosed 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 a boost from Walt Disney’s previous semi-annual dividend of $0.45. The ex-dividend date was Monday, December 16th. Walt Disney’s dividend payout ratio is 32.57%.

Insider Activity at Walt Disney

In other news, EVP Brent Woodford sold 8,000 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total value of $917,920.00. Following the transaction, the executive vice president now owns 44,055 shares of the company’s stock, valued at $5,054,870.70. This represents a 15.37 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.16% of the stock is currently 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.