Private Wealth Partners LLC Increases Position in The Walt Disney Company (NYSE:DIS)

Private Wealth Partners LLC increased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 4.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 104,316 shares of the entertainment giant's stock after purchasing an additional 4,057 shares during the quarter. Walt Disney accounts for 0.9% of Private Wealth Partners LLC's portfolio, making the stock its 29th biggest holding. Private Wealth Partners LLC's holdings in Walt Disney were worth $11,616,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Jessup Wealth Management Inc purchased a new stake in Walt Disney during the fourth quarter valued at $316,000. Keene & Associates Inc. increased its position in Walt Disney by 2.9% during the fourth quarter. Keene & Associates Inc. now owns 30,265 shares of the entertainment giant's stock valued at $3,370,000 after acquiring an additional 839 shares during the last quarter. Good Life Advisors LLC increased its position in Walt Disney by 31.3% in the fourth quarter. Good Life Advisors LLC now owns 22,430 shares of the entertainment giant's stock worth $2,498,000 after buying an additional 5,348 shares in the last quarter. Financial Perspectives Inc increased its position in Walt Disney by 12.3% in the fourth quarter. Financial Perspectives Inc now owns 5,906 shares of the entertainment giant's stock worth $658,000 after buying an additional 646 shares in the last quarter. Finally, Pegasus Asset Management Inc. increased its position in Walt Disney by 1.6% in the fourth quarter. Pegasus Asset Management Inc. now owns 34,745 shares of the entertainment giant's stock worth $3,869,000 after buying an additional 543 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on DIS shares. Evercore ISI upped their price target on Walt Disney from $128.00 to $134.00 and gave the stock an "outperform" rating in a research report on Monday, November 18th. Prescient Securities reduced their price target on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft upped their price target on Walt Disney from $115.00 to $131.00 and gave the stock a "buy" rating in a research report on Friday, November 15th. Jefferies Financial Group started coverage on Walt Disney in a research report on Wednesday, December 4th. They issued a "hold" rating and a $120.00 price target for the company. Finally, Citigroup restated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research report on Wednesday, January 22nd. Six research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $125.85.

Insiders Place Their Bets

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the firm's stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total transaction 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 the SEC website. 0.16% of the stock is currently owned by company insiders.

Walt Disney Trading Down 1.6 %

Shares of NYSE:DIS traded down $1.81 during trading on Friday, hitting $108.74. The company had a trading volume of 5,790,401 shares, compared to its average volume of 8,142,889. The stock has a market cap of $196.58 billion, a price-to-earnings ratio of 35.45, a price-to-earnings-growth ratio of 1.81 and a beta of 1.42. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The company has a fifty day simple moving average of $110.80 and a two-hundred day simple moving average of $102.34. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.

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, beating the consensus estimate 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, equities analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, December 16th were issued a dividend of $0.50 per share. This is an increase from Walt Disney's previous semi-annual dividend of $0.45. This represents a yield of 0.6%. The ex-dividend date of this dividend was Monday, December 16th. 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.