2,276 Shares in The Walt Disney Company (NYSE:DIS) Bought by Colonial River Investments LLC

Colonial River Investments LLC purchased a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,276 shares of the entertainment giant's stock, valued at approximately $253,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. FPC Investment Advisory Inc. purchased a new position in shares of Walt Disney in the fourth quarter worth $28,000. Bay Harbor Wealth Management LLC purchased a new position in Walt Disney in the fourth quarter worth about $35,000. Hager Investment Management Services LLC bought a new position in Walt Disney during the 4th quarter valued at about $43,000. Cedar Mountain Advisors LLC increased its position in shares of Walt Disney by 38.1% during the 4th quarter. Cedar Mountain Advisors LLC now owns 399 shares of the entertainment giant's stock valued at $44,000 after purchasing an additional 110 shares during the last quarter. Finally, Richardson Capital Management LLC increased its position in Walt Disney by 1,111.1% in the fourth quarter. Richardson Capital Management LLC now owns 436 shares of the entertainment giant's stock worth $49,000 after buying an additional 400 shares in the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Brent Woodford sold 8,000 shares of Walt Disney 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 transaction, the executive vice president now owns 44,055 shares of the company's stock, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.16% of the stock is currently owned by corporate insiders.

Walt Disney Trading Up 1.6 %

DIS traded up $1.72 during midday trading on Wednesday, hitting $112.25. The company's stock had a trading volume of 5,016,208 shares, compared to its average volume of 8,097,874. The firm has a market cap of $202.93 billion, a P/E ratio of 36.51, a PEG ratio of 1.80 and a beta of 1.42. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The firm has a 50-day moving average price of $110.63 and a two-hundred day moving average price of $102.92. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74.

Walt Disney (NYSE:DIS - Get Free Report) last announced its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping 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%. On average, research analysts anticipate that The Walt Disney Company will post 5.47 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. Investors of record on Monday, December 16th were paid a $0.50 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a yield of 0.6%. This is a boost from Walt Disney's previous semi-annual dividend of $0.45. Walt Disney's payout ratio is presently 32.57%.

Analysts Set New Price Targets

A number of brokerages have issued reports on DIS. Wells Fargo & Company lifted their price target on shares of Walt Disney from $116.00 to $138.00 and gave the company an "overweight" rating in a report on Friday, November 15th. Deutsche Bank Aktiengesellschaft raised their price target 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. TD Cowen boosted their target price on shares of Walt Disney from $108.00 to $123.00 and gave the stock a "hold" rating in a research report on Friday, November 15th. Evercore ISI increased their price target on shares of Walt Disney from $128.00 to $134.00 and gave the stock an "outperform" rating in a report on Monday, November 18th. Finally, Redburn Atlantic upgraded Walt Disney from a "neutral" rating to a "buy" rating and raised their price objective for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Six investment 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. According to MarketBeat.com, Walt Disney presently has an average rating of "Moderate Buy" and an average target price of $125.44.

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.