The Walt Disney Company (NYSE:DIS) Holdings Decreased by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC decreased its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 93.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,697 shares of the entertainment giant's stock after selling 25,720 shares during the period. Bryn Mawr Capital Management LLC's holdings in Walt Disney were worth $189,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIS. Bay Harbor Wealth Management LLC bought a new position in Walt Disney during the fourth quarter valued at about $35,000. Hager Investment Management Services LLC acquired a new stake in Walt Disney in the 4th quarter worth approximately $43,000. Cedar Mountain Advisors LLC grew its holdings in Walt Disney by 38.1% during the fourth quarter. Cedar Mountain Advisors LLC now owns 399 shares of the entertainment giant's stock valued at $44,000 after purchasing an additional 110 shares during the last quarter. Friedenthal Financial bought a new position in shares of Walt Disney in the fourth quarter valued at approximately $49,000. Finally, Retirement Wealth Solutions LLC bought a new stake in shares of Walt Disney during the 4th quarter worth $50,000. Institutional investors own 65.71% of the company's stock.

Walt Disney Stock Performance

NYSE DIS opened at $108.62 on Friday. The firm has a market cap of $196.37 billion, a price-to-earnings ratio of 35.38, a PEG ratio of 1.80 and a beta of 1.42. 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 Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The company has a 50 day moving average of $110.70 and a 200-day moving average of $102.49.

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 (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%. On average, equities analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were issued a $0.50 dividend. This represents a dividend yield of 0.6%. This is a boost from Walt Disney's previous semi-annual dividend of $0.45. The ex-dividend date was Monday, December 16th. Walt Disney's payout ratio is currently 32.57%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on DIS. TD Cowen upped their price target on shares of Walt Disney from $108.00 to $123.00 and gave the company a "hold" rating in a report on Friday, November 15th. Deutsche Bank Aktiengesellschaft lifted 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. Needham & Company LLC reaffirmed a "buy" rating and set a $130.00 target price on shares of Walt Disney in a research report on Wednesday, February 5th. Citigroup restated a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Finally, Morgan Stanley lifted their target price on Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Six 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 stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $125.44.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the business's stock in a transaction dated Wednesday, December 11th. The shares were 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 approximately $5,054,870.70. The trade was a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.16% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.