Kintegral Advisory LLC Decreases Stock Position in The Walt Disney Company (NYSE:DIS)

Kintegral Advisory LLC trimmed its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 4.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 61,814 shares of the entertainment giant's stock after selling 2,879 shares during the period. Kintegral Advisory LLC's holdings in Walt Disney were worth $6,915,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Bay Harbor Wealth Management LLC bought a new stake in Walt Disney in the 4th quarter worth about $35,000. Hager Investment Management Services LLC bought a new stake in shares of Walt Disney in the fourth quarter worth approximately $43,000. Cedar Mountain Advisors LLC grew its stake in shares of Walt Disney by 38.1% in 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 during the period. Friedenthal Financial bought a new position in Walt Disney during the fourth quarter valued at approximately $49,000. Finally, Retirement Wealth Solutions LLC bought a new position in Walt Disney during the fourth quarter valued at approximately $50,000. Institutional investors own 65.71% of the company's stock.

Walt Disney Price Performance

Shares of NYSE:DIS traded down $0.63 during midday trading on Tuesday, reaching $110.57. 7,285,205 shares of the company were exchanged, compared to its average volume of 8,189,305. The stock has a market cap of $199.89 billion, a PE ratio of 36.02, a price-to-earnings-growth ratio of 1.80 and a beta of 1.42. The business's fifty day moving average is $110.68 and its two-hundred day moving average is $102.75. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. 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 EPS 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%. As a group, analysts predict 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 paid a $0.50 dividend. 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. This represents a yield of 0.6%. Walt Disney's payout ratio is presently 32.57%.

Insider Transactions at Walt Disney

In other 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 sale, the executive vice president now directly owns 44,055 shares in the company, valued at $5,054,870.70. The trade was a 15.37 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.16% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. The Goldman Sachs Group boosted their target price on shares of Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research note on Tuesday, February 4th. Morgan Stanley upped their price objective on Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Macquarie reissued a "neutral" rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Citigroup reaffirmed a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research report on Wednesday, January 22nd. Finally, Needham & Company LLC reissued a "buy" rating and issued a $130.00 price objective on shares of Walt Disney in a report on Wednesday, February 5th. Six equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $125.44.

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.