Flossbach Von Storch SE Decreases Stake in The Walt Disney Company (NYSE:DIS)

Flossbach Von Storch SE cut its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 5.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 387,283 shares of the entertainment giant's stock after selling 22,097 shares during the quarter. Flossbach Von Storch SE's holdings in Walt Disney were worth $43,124,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of DIS. Allspring Global Investments Holdings LLC raised its holdings in Walt Disney by 4.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 107,880 shares of the entertainment giant's stock worth $10,377,000 after acquiring an additional 4,878 shares in the last quarter. Ledyard National Bank increased its position in shares of Walt Disney by 3.9% during the 3rd quarter. Ledyard National Bank now owns 6,300 shares of the entertainment giant's stock worth $606,000 after purchasing an additional 235 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of Walt Disney by 96.2% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 109,697 shares of the entertainment giant's stock worth $10,552,000 after purchasing an additional 53,796 shares in the last quarter. Eastern Bank boosted its holdings in shares of Walt Disney by 293.8% in the 3rd quarter. Eastern Bank now owns 30,409 shares of the entertainment giant's stock valued at $2,925,000 after buying an additional 22,687 shares during the last quarter. Finally, Liberty Capital Management Inc. raised its position in Walt Disney by 4.6% during the third quarter. Liberty Capital Management Inc. now owns 6,628 shares of the entertainment giant's stock worth $638,000 after acquiring an additional 292 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the 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 owns 44,055 shares in the company, valued at approximately $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.16% of the company's stock.

Walt Disney Trading Down 1.7 %

NYSE DIS traded down $1.93 during trading hours on Friday, hitting $108.62. 6,796,200 shares of the company's stock were exchanged, compared to its average volume of 8,156,659. The firm has a market cap of $196.37 billion, a price-to-earnings ratio of 35.38, a PEG ratio of 1.81 and a beta of 1.42. The stock has a 50-day simple moving average of $110.80 and a 200 day simple moving average of $102.34. 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.

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 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, equities 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. Stockholders of record on Monday, December 16th were given a dividend of $0.50 per share. This represents a dividend yield of 0.6%. The ex-dividend date was Monday, December 16th. This is a boost from Walt Disney's previous semi-annual dividend of $0.45. Walt Disney's dividend payout ratio is 32.57%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on DIS shares. The Goldman Sachs Group upped their target price 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. Sanford C. Bernstein increased their target price on Walt Disney from $115.00 to $120.00 and gave the stock an "outperform" rating in a research note on Friday, November 15th. Prescient Securities lowered their price target on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 4th. Evercore ISI raised their target price on shares of Walt Disney from $128.00 to $134.00 and gave the stock an "outperform" rating in a report on Monday, November 18th. Finally, Wells Fargo & Company boosted their price target on Walt Disney from $116.00 to $138.00 and gave the company an "overweight" rating in a research note on Friday, November 15th. Six analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $125.85.

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.