D.A. Davidson & CO. Has $30.78 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

D.A. Davidson & CO. boosted its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 1.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 276,399 shares of the entertainment giant's stock after purchasing an additional 5,100 shares during the period. D.A. Davidson & CO.'s holdings in Walt Disney were worth $30,777,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC raised its holdings in Walt Disney by 8.4% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 66,744 shares of the entertainment giant's stock worth $6,420,000 after buying an additional 5,184 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Walt Disney by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 10,411,205 shares of the entertainment giant's stock worth $1,001,454,000 after acquiring an additional 114,701 shares in the last quarter. Brookstone Capital Management raised its holdings in shares of Walt Disney by 10.5% during the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock valued at $15,687,000 after acquiring an additional 13,339 shares during the period. Summit Global Investments lifted its position in shares of Walt Disney by 476.0% in the 3rd quarter. Summit Global Investments now owns 12,379 shares of the entertainment giant's stock valued at $1,191,000 after acquiring an additional 10,230 shares in the last quarter. Finally, Avanza Fonder AB acquired a new position in Walt Disney in the 4th quarter worth approximately $15,125,000. 65.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on DIS. Sanford C. Bernstein boosted their target price on shares of Walt Disney from $115.00 to $120.00 and gave the company an "outperform" rating in a research note on Friday, November 15th. The Goldman Sachs Group upped their price target on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research report on Tuesday, February 4th. Guggenheim increased their price objective on Walt Disney from $110.00 to $130.00 and gave the stock a "buy" rating in a research note on Friday, November 15th. Prescient Securities lowered their target price on Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 4th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $130.00 price target on shares of Walt Disney in a research report on Wednesday, February 5th. Six investment 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. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $125.85.

Walt Disney Stock Performance

Walt Disney stock traded down $1.93 during trading hours on Friday, reaching $108.62. 9,064,386 shares of the company were exchanged, compared to its average volume of 8,249,324. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. 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 stock has a 50-day moving average of $110.70 and a 200 day moving average of $102.39. The firm has a market cap of $196.37 billion, a price-to-earnings ratio of 35.38, a PEG ratio of 1.81 and a beta of 1.42.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (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%. As a group, 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 disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were paid a $0.50 dividend. The ex-dividend date was Monday, December 16th. This is a positive change from Walt Disney's previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. Walt Disney's payout ratio is presently 32.57%.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the firm's stock in a transaction that occurred 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 sale, 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 filing with the SEC, which is available through this link. 0.16% of the stock is 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.