Pine Valley Investments Ltd Liability Co Buys 4,318 Shares of The Walt Disney Company (NYSE:DIS)

Pine Valley Investments Ltd Liability Co lifted its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 18.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,241 shares of the entertainment giant's stock after buying an additional 4,318 shares during the period. Pine Valley Investments Ltd Liability Co's holdings in Walt Disney were worth $3,037,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of DIS. J.W. Cole Advisors Inc. grew its holdings in Walt Disney by 2.5% in the third quarter. J.W. Cole Advisors Inc. now owns 28,468 shares of the entertainment giant's stock worth $2,738,000 after purchasing an additional 691 shares during the period. Hedges Asset Management LLC grew its position in Walt Disney by 13.6% during the third quarter. Hedges Asset Management LLC now owns 10,450 shares of the entertainment giant's stock worth $1,005,000 after buying an additional 1,250 shares in the last quarter. Leuthold Group LLC purchased a new stake in Walt Disney in the third quarter worth approximately $5,593,000. Summit Place Financial Advisors LLC grew its holdings in shares of Walt Disney by 5.6% in the third quarter. Summit Place Financial Advisors LLC now owns 32,768 shares of the entertainment giant's stock worth $3,152,000 after purchasing an additional 1,736 shares during the last quarter. Finally, Semanteon Capital Management LP purchased a new position in shares of Walt Disney during the 3rd quarter worth approximately $611,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on DIS. Guggenheim upped their price target 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. The Goldman Sachs Group upped their price target on shares of Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Citigroup restated a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Rosenblatt Securities reissued a "buy" rating and set a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Finally, Macquarie restated a "neutral" rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Walt Disney presently has a consensus rating of "Moderate Buy" and an average price target of $125.44.

Insider Transactions at Walt Disney

In other 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 in the company, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.16% of the company's stock.

Walt Disney Trading Up 1.3 %

NYSE DIS traded up $1.48 on Wednesday, reaching $112.01. The stock had a trading volume of 5,410,020 shares, compared to its average volume of 8,105,479. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The stock has a fifty day moving average price of $110.63 and a two-hundred day moving average price of $102.92. The firm has a market capitalization of $202.48 billion, a price-to-earnings ratio of 36.48, a P/E/G ratio of 1.80 and a beta of 1.42.

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

Walt Disney Increases Dividend

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

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.