Tudor Financial Inc. Purchases Shares of 2,560 The Walt Disney Company (NYSE:DIS)

Tudor Financial Inc. bought a new position in The Walt Disney Company (NYSE:DIS - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,560 shares of the entertainment giant's stock, valued at approximately $285,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. William B. Walkup & Associates Inc. bought a new position in shares of Walt Disney during the 2nd quarter valued at about $32,000. Friedenthal Financial bought a new position in Walt Disney during the fourth quarter valued at approximately $49,000. Retirement Wealth Solutions LLC purchased a new position in Walt Disney during the 4th quarter valued at approximately $50,000. Birch Capital Management LLC bought a new stake in Walt Disney in the 4th quarter worth approximately $56,000. Finally, First PREMIER Bank raised its holdings in shares of Walt Disney by 98.1% during the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant's stock worth $50,000 after acquiring an additional 256 shares in the last quarter. Institutional investors own 65.71% of the company's stock.

Walt Disney Trading Up 1.6 %

NYSE:DIS traded up $1.70 during midday trading on Tuesday, hitting $108.72. The stock had a trading volume of 8,632,767 shares, compared to its average volume of 7,000,367. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The stock has a 50-day moving average of $112.20 and a 200 day moving average of $99.76. The company has a market capitalization of $196.89 billion, a price-to-earnings ratio of 40.12, a PEG ratio of 1.91 and a beta of 1.43. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Thursday, November 14th. The entertainment giant reported $1.14 EPS for the quarter, beating the consensus estimate of $1.09 by $0.05. Walt Disney had a return on equity of 9.21% and a net margin of 5.44%. The firm had revenue of $22.57 billion for the quarter, compared to analyst estimates of $22.49 billion. During the same quarter last year, the firm posted $0.82 earnings per share. The business's revenue for the quarter was up 6.3% on a year-over-year basis. As a group, sell-side analysts forecast that The Walt Disney Company will post 5.41 EPS for the current year.

Walt Disney Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were paid a dividend of $0.50 per share. The ex-dividend date was Monday, December 16th. This is an increase from Walt Disney's previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. Walt Disney's dividend payout ratio (DPR) is currently 36.90%.

Insider Activity at Walt Disney

In other Walt Disney news, CEO Robert A. Iger sold 372,412 shares of Walt Disney stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $114.57, for a total value of $42,667,242.84. Following the transaction, the chief executive officer now owns 226,767 shares in the company, valued at $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Brent Woodford sold 5,000 shares of the stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total transaction of $568,100.00. Following the sale, the executive vice president now directly owns 44,055 shares of the company's stock, valued at approximately $5,005,529.10. The trade was a 10.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 385,412 shares of company stock valued at $44,153,263 over the last ninety days. 0.10% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Macquarie reissued a "neutral" rating and issued a $110.00 target price on shares of Walt Disney in a report on Monday, January 6th. Sanford C. Bernstein lifted their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "outperform" rating in a research note on Friday, November 15th. Piper Sandler initiated coverage on shares of Walt Disney in a research report on Wednesday, October 16th. They set a "neutral" rating and a $95.00 target price on the stock. Raymond James reiterated a "market perform" rating on shares of Walt Disney in a research report on Tuesday, October 1st. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Walt Disney from $115.00 to $131.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Five investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $125.54.

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.