The Walt Disney Company (NYSE:DIS) Shares Acquired by Aigen Investment Management LP

Aigen Investment Management LP lifted its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 628.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,246 shares of the entertainment giant's stock after purchasing an additional 17,466 shares during the period. Aigen Investment Management LP's holdings in Walt Disney were worth $2,254,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. FPC Investment Advisory Inc. purchased a new stake in Walt Disney in the 4th quarter worth approximately $28,000. Tacita Capital Inc boosted its holdings in shares of Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after purchasing an additional 124 shares during the last quarter. Midwest Capital Advisors LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at $34,000. Bay Harbor Wealth Management LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at $35,000. Finally, Hager Investment Management Services LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at $43,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Walt Disney

In related news, 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 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. This represents a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.16% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Rosenblatt Securities reiterated a "buy" rating and issued a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. The Goldman Sachs Group lifted their price target on shares of Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Citigroup reiterated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Loop Capital lifted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Walt Disney from $115.00 to $131.00 and gave the company a "buy" rating in a 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 company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $125.64.

Walt Disney Stock Performance

Shares of NYSE:DIS traded up $0.28 during trading on Wednesday, reaching $109.29. 9,951,974 shares of the company's stock traded hands, compared to its average volume of 9,542,616. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The stock has a market capitalization of $197.58 billion, a P/E ratio of 35.60, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The company has a 50 day moving average of $110.56 and a 200-day moving average of $103.94.

Walt Disney (NYSE:DIS - Get Free Report) 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 net margin of 6.07% and a return on equity of 9.95%. On average, equities analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Wednesday, July 23rd. Stockholders of record on Tuesday, June 24th will be paid 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 is Tuesday, June 24th. Walt Disney's dividend payout ratio is currently 32.57%.

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.