Bank of Jackson Hole Trust Takes Position in The Walt Disney Company (NYSE:DIS)

Bank of Jackson Hole Trust acquired a new position in The Walt Disney Company (NYSE:DIS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,634 shares of the entertainment giant's stock, valued at approximately $405,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DIS. Jennison Associates LLC lifted its holdings in Walt Disney by 23.4% during the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant's stock valued at $2,137,637,000 after purchasing an additional 3,636,742 shares in the last quarter. International Assets Investment Management LLC increased its stake in Walt Disney by 12,574.4% in the 3rd quarter. International Assets Investment Management LLC now owns 3,426,393 shares of the entertainment giant's stock worth $329,585,000 after buying an additional 3,399,359 shares in the last quarter. FMR LLC increased its stake in Walt Disney by 8.7% in the 3rd quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant's stock worth $3,310,539,000 after buying an additional 2,765,389 shares in the last quarter. Van ECK Associates Corp raised its holdings in Walt Disney by 114.4% during the third quarter. Van ECK Associates Corp now owns 4,307,794 shares of the entertainment giant's stock valued at $414,582,000 after acquiring an additional 2,298,921 shares during the period. Finally, Janus Henderson Group PLC lifted its position in shares of Walt Disney by 112.0% in the third quarter. Janus Henderson Group PLC now owns 4,142,991 shares of the entertainment giant's stock valued at $398,508,000 after acquiring an additional 2,188,610 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on DIS shares. Needham & Company LLC reissued a "buy" rating and set a $130.00 target price on shares of Walt Disney in a research note on Wednesday, February 5th. The Goldman Sachs Group boosted their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a report on Tuesday, February 4th. TD Cowen raised their target price on shares of Walt Disney from $108.00 to $123.00 and gave the company a "hold" rating in a research note on Friday, November 15th. Sanford C. Bernstein boosted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "outperform" rating in a research note on Friday, November 15th. Finally, Macquarie restated a "neutral" rating and set a $110.00 price objective on shares of Walt Disney in a research report on Monday, January 6th. Six analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $125.85.

Insider Buying and Selling

In other news, EVP Brent Woodford sold 8,000 shares of Walt Disney stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total value of $917,920.00. Following the transaction, the executive vice president now directly owns 44,055 shares in the company, valued at approximately $5,054,870.70. This trade represents a 15.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.16% of the stock is owned by insiders.

Walt Disney Trading Down 1.7 %

DIS stock traded down $1.93 during trading on Friday, hitting $108.62. The company had a trading volume of 9,064,386 shares, compared to its average volume of 8,249,324. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The company has a 50 day simple moving average of $110.80 and a 200-day simple moving average of $102.34. The firm has a market capitalization of $196.37 billion, a P/E ratio of 35.38, a PEG ratio of 1.81 and a beta of 1.42. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. As a group, research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were issued a $0.50 dividend. This is an increase 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 payout ratio is presently 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.