GAM Holding AG Buys 2,797 Shares of The Walt Disney Company (NYSE:DIS)

GAM Holding AG increased its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 132,075 shares of the entertainment giant's stock after acquiring an additional 2,797 shares during the period. Walt Disney comprises approximately 1.1% of GAM Holding AG's portfolio, making the stock its 23rd biggest holding. GAM Holding AG's holdings in Walt Disney were worth $14,707,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bay Harbor Wealth Management LLC purchased a new stake in shares of Walt Disney during the fourth quarter worth $35,000. Hager Investment Management Services LLC purchased a new stake in shares of Walt Disney during the fourth quarter worth $43,000. Cedar Mountain Advisors LLC raised its holdings in shares of Walt Disney by 38.1% during the fourth 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 purchased a new stake in shares of Walt Disney during the fourth quarter worth $49,000. Finally, Retirement Wealth Solutions LLC purchased a new stake in shares of Walt Disney during the fourth quarter worth $50,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Guggenheim increased their price objective on Walt Disney from $110.00 to $130.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Citigroup restated a "buy" rating and set a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Macquarie restated a "neutral" rating and set a $110.00 target price on shares of Walt Disney in a report on Monday, January 6th. Loop Capital raised their target price on Walt Disney from $120.00 to $125.00 and gave the company a "buy" rating in a report on Friday, November 15th. Finally, TD Cowen raised their target price on Walt Disney from $108.00 to $123.00 and gave the company a "hold" rating in a report on Friday, November 15th. 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 company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $125.85.

Walt Disney Stock Performance

DIS stock traded down $1.93 during trading on Friday, reaching $108.62. 9,064,386 shares of the stock were exchanged, compared to its average volume of 8,249,324. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74. The company has a market capitalization of $196.37 billion, a P/E ratio of 35.38, a price-to-earnings-growth ratio of 1.81 and a beta of 1.42. The stock has a 50 day simple moving average of $110.70 and a 200-day simple moving average of $102.39. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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 anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Increases Dividend

The business 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 represents a yield of 0.6%. This is an increase from Walt Disney's previous semi-annual dividend of $0.45. The ex-dividend date of this dividend was Monday, December 16th. Walt Disney's payout ratio is presently 32.57%.

Insider Buying and Selling at Walt Disney

In other news, EVP Brent Woodford sold 8,000 shares of the business's stock in a transaction that occurred on 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 of the company's stock, valued at $5,054,870.70. The trade was a 15.37 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.16% of the company's stock.

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.