Bfsg LLC Acquires 27,212 Shares of The Walt Disney Company (NYSE:DIS)

Bfsg LLC grew its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 133.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 47,676 shares of the entertainment giant's stock after purchasing an additional 27,212 shares during the quarter. Bfsg LLC's holdings in Walt Disney were worth $5,309,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. GAM Holding AG raised its holdings in shares of Walt Disney by 2.2% during the fourth quarter. GAM Holding AG now owns 132,075 shares of the entertainment giant's stock valued at $14,707,000 after acquiring an additional 2,797 shares in the last quarter. Venturi Wealth Management LLC raised its holdings in shares of Walt Disney by 14.2% during the fourth quarter. Venturi Wealth Management LLC now owns 7,512 shares of the entertainment giant's stock valued at $836,000 after acquiring an additional 932 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of Walt Disney by 1.9% during the fourth quarter. D.A. Davidson & CO. now owns 276,399 shares of the entertainment giant's stock valued at $30,777,000 after acquiring an additional 5,100 shares in the last quarter. Citizens & Northern Corp raised its holdings in shares of Walt Disney by 2.6% during the fourth quarter. Citizens & Northern Corp now owns 11,742 shares of the entertainment giant's stock valued at $1,307,000 after acquiring an additional 299 shares in the last quarter. Finally, Empower Advisory Group LLC raised its holdings in shares of Walt Disney by 3.2% during the fourth quarter. Empower Advisory Group LLC now owns 1,359,735 shares of the entertainment giant's stock valued at $151,407,000 after acquiring an additional 41,826 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on DIS shares. Redburn Atlantic upgraded Walt Disney from a "neutral" rating to a "buy" rating and upped their target price for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Wells Fargo & Company upped their target price on Walt Disney from $116.00 to $138.00 and gave the company an "overweight" rating in a report on Friday, November 15th. The Goldman Sachs Group upped their target price on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Macquarie reiterated a "neutral" rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Finally, Morgan Stanley increased their price objective on Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Six equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $125.85.

Walt Disney Stock Performance

Shares of Walt Disney stock traded down $1.93 during trading on Friday, hitting $108.62. 9,064,386 shares of the company's stock traded hands, compared to its average volume of 8,249,324. 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 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 $196.37 billion, a P/E ratio of 35.38, a PEG ratio of 1.81 and a beta of 1.42. The business has a 50-day simple moving average of $110.70 and a 200-day simple moving average of $102.39.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating 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%. As a group, analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were given a dividend of $0.50 per share. The ex-dividend date was Monday, December 16th. This is a boost from Walt Disney's previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. Walt Disney's dividend payout ratio (DPR) is 32.57%.

Insiders Place Their Bets

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the firm's stock in a transaction dated 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 of the company's stock, valued at approximately $5,054,870.70. This trade represents a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.16% of the company's stock.

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.