The Walt Disney Company (NYSE:DIS) Position Decreased by RPG Investment Advisory LLC

RPG Investment Advisory LLC decreased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 1.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 112,842 shares of the entertainment giant’s stock after selling 1,246 shares during the period. Walt Disney makes up 1.7% of RPG Investment Advisory LLC’s portfolio, making the stock its 21st biggest holding. RPG Investment Advisory LLC’s holdings in Walt Disney were worth $12,565,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in DIS. Jennison Associates LLC boosted its holdings in shares of Walt Disney by 23.4% in the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock worth $2,137,637,000 after buying an additional 3,636,742 shares during the period. FMR LLC boosted its holdings in shares of Walt Disney by 8.7% in the third quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock worth $3,310,539,000 after buying an additional 2,765,389 shares during the period. Van ECK Associates Corp boosted its holdings in shares of Walt Disney by 114.4% in the third quarter. Van ECK Associates Corp now owns 4,307,794 shares of the entertainment giant’s stock worth $414,582,000 after buying an additional 2,298,921 shares during the period. Janus Henderson Group PLC boosted its holdings in shares of Walt Disney by 112.0% in the third quarter. Janus Henderson Group PLC now owns 4,142,991 shares of the entertainment giant’s stock worth $398,508,000 after buying an additional 2,188,610 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of Walt Disney by 3.8% in the third quarter. Geode Capital Management LLC now owns 37,672,320 shares of the entertainment giant’s stock worth $3,609,833,000 after buying an additional 1,393,082 shares during the period. Institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on DIS shares. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and raised their target price for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. Macquarie restated a “neutral” rating and set a $110.00 price target on shares of Walt Disney in a report on Monday, January 6th. Guggenheim raised their price target on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Rosenblatt Securities restated a “buy” rating and set a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Finally, Loop Capital raised their price target on shares of Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Six 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $125.44.

Walt Disney Trading Down 1.7 %

NYSE:DIS opened at $108.62 on Monday. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The firm has a market cap of $196.37 billion, a price-to-earnings ratio of 35.38, a P/E/G ratio of 1.80 and a beta of 1.42. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company’s 50 day moving average is $110.70 and its 200-day moving average is $102.58.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current 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 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 dividend yield of 0.6%. Walt Disney’s dividend payout ratio (DPR) is presently 32.57%.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 8,000 shares of the firm’s stock in a transaction on 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 owns 44,055 shares in the company, valued at approximately $5,054,870.70. This trade represents 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 currently 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.