Householder Group Estate & Retirement Specialist LLC Lowers Stock Position in The Walt Disney Company (NYSE:DIS)

Householder Group Estate & Retirement Specialist LLC lessened its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 86.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 513 shares of the entertainment giant's stock after selling 3,373 shares during the quarter. Householder Group Estate & Retirement Specialist LLC's holdings in Walt Disney were worth $57,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of DIS. Concurrent Investment Advisors LLC lifted its holdings in Walt Disney by 8.4% during the third quarter. Concurrent Investment Advisors LLC now owns 66,744 shares of the entertainment giant's stock valued at $6,420,000 after purchasing an additional 5,184 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Walt Disney by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 10,411,205 shares of the entertainment giant's stock worth $1,001,454,000 after purchasing an additional 114,701 shares during the last quarter. Brookstone Capital Management lifted its stake in Walt Disney by 10.5% in the 4th quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock valued at $15,687,000 after buying an additional 13,339 shares in the last quarter. Summit Global Investments boosted its holdings in Walt Disney by 476.0% in the 3rd quarter. Summit Global Investments now owns 12,379 shares of the entertainment giant's stock worth $1,191,000 after buying an additional 10,230 shares during the last quarter. Finally, Avanza Fonder AB purchased a new stake in Walt Disney during the 4th quarter worth approximately $15,125,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Up 0.6 %

Walt Disney stock traded up $0.61 during midday trading on Friday, reaching $107.07. The company's stock had a trading volume of 7,103,097 shares, compared to its average volume of 6,534,095. The company has a market cap of $193.90 billion, a P/E ratio of 39.51, a P/E/G ratio of 1.94 and a beta of 1.43. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The business has a 50-day simple moving average of $112.08 and a 200-day simple moving average of $99.69. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74.

Walt Disney (NYSE:DIS - Get Free Report) last posted its earnings results on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.05. Walt Disney had a return on equity of 9.21% and a net margin of 5.44%. The firm had revenue of $22.57 billion during the quarter, compared to analysts' expectations of $22.49 billion. During the same quarter in the previous year, the business earned $0.82 earnings per share. The firm's revenue was up 6.3% compared to the same quarter last year. On average, research analysts expect that The Walt Disney Company will post 5.41 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were given a $0.50 dividend. This represents a dividend yield of 0.6%. This is an increase from Walt Disney's previous semi-annual dividend of $0.45. The ex-dividend date was Monday, December 16th. Walt Disney's dividend payout ratio (DPR) is 36.90%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Seaport Res Ptn upgraded Walt Disney from a "hold" rating to a "strong-buy" rating in a research report on Monday, September 30th. Rosenblatt Securities lifted their target price on shares of Walt Disney from $122.00 to $135.00 and gave the stock a "buy" rating in a research note on Monday, December 16th. Needham & Company LLC increased their target price on shares of Walt Disney from $110.00 to $130.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Loop Capital boosted their price target on shares of Walt Disney from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Friday, November 15th. Finally, Redburn Atlantic raised shares of Walt Disney from a "neutral" rating to a "buy" rating and upped their price objective for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Five equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $125.54.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 5,000 shares of Walt Disney stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total transaction of $568,100.00. Following the transaction, the executive vice president now owns 44,055 shares of the company's stock, valued at $5,005,529.10. The trade was a 10.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Robert A. Iger sold 372,412 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $114.57, for a total value of $42,667,242.84. Following the completion of the sale, the chief executive officer now directly owns 226,767 shares of the company's stock, valued at $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 385,412 shares of company stock worth $44,153,263 in the last ninety days. 0.10% of the stock is owned by corporate 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.