Paradigm Asset Management Co. LLC Has $2.31 Million Stock Position in The Walt Disney Company (NYSE:DIS)

Paradigm Asset Management Co. LLC raised its position in The Walt Disney Company (NYSE:DIS - Free Report) by 1,280.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,700 shares of the entertainment giant's stock after purchasing an additional 19,200 shares during the quarter. Paradigm Asset Management Co. LLC's holdings in Walt Disney were worth $2,305,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Bay Harbor Wealth Management LLC acquired a new stake in shares of Walt Disney in the 4th quarter valued at $35,000. Hager Investment Management Services LLC bought a new position in Walt Disney during the fourth quarter valued at about $43,000. Cedar Mountain Advisors LLC boosted its stake 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 worth $44,000 after acquiring an additional 110 shares in the last quarter. Friedenthal Financial acquired a new position in shares of Walt Disney during the 4th quarter valued at about $49,000. Finally, Retirement Wealth Solutions LLC bought a new position in shares of Walt Disney in the 4th quarter valued at approximately $50,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Brent Woodford sold 8,000 shares of Walt Disney 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 completion of the transaction, the executive vice president now directly owns 44,055 shares of the company's stock, valued at $5,054,870.70. The trade was a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.16% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on DIS shares. Morgan Stanley increased their price target on Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Guggenheim raised their target price on shares of Walt Disney from $110.00 to $130.00 and gave the company a "buy" rating in a research note on Friday, November 15th. Redburn Atlantic upgraded shares of Walt Disney from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. The Goldman Sachs Group upped their price target on shares of Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Finally, TD Cowen lifted their price objective on Walt Disney from $108.00 to $123.00 and gave the stock a "hold" rating in a research note on Friday, November 15th. Six research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $125.85.

Walt Disney Price Performance

Shares of DIS traded down $1.93 during trading hours on Friday, hitting $108.62. The stock had a trading volume of 9,064,386 shares, compared to its average volume of 8,249,324. The stock has a market capitalization of $196.37 billion, a price-to-earnings ratio of 35.38, a P/E/G ratio of 1.81 and a beta of 1.42. 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 company's fifty day moving average is $110.80 and its two-hundred day moving average is $102.34. 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 issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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%. On average, analysts anticipate 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. Shareholders of record on Monday, December 16th were given a $0.50 dividend. This is an increase from Walt Disney's previous semi-annual dividend of $0.45. The ex-dividend date was Monday, December 16th. This represents a yield of 0.6%. Walt Disney's payout ratio is presently 32.57%.

About Walt Disney

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.