The Walt Disney Company (NYSE:DIS) Shares Bought by Maia Wealth LLC

Maia Wealth LLC increased its position in The Walt Disney Company (NYSE:DIS) by 20.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 18,468 shares of the entertainment giant’s stock after buying an additional 3,162 shares during the quarter. Maia Wealth LLC’s holdings in Walt Disney were worth $2,093,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Jennison Associates LLC increased its holdings in Walt Disney by 23.4% during the 4th quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock worth $2,137,637,000 after purchasing an additional 3,636,742 shares during the last quarter. FMR LLC raised its holdings in Walt Disney by 8.7% in the third quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock valued at $3,310,539,000 after acquiring an additional 2,765,389 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Walt Disney by 15.5% during the 4th quarter. Bank of New York Mellon Corp now owns 17,104,295 shares of the entertainment giant’s stock valued at $1,904,563,000 after acquiring an additional 2,300,912 shares during the last quarter. Van ECK Associates Corp boosted its stake in Walt Disney by 114.4% during the 3rd quarter. Van ECK Associates Corp now owns 4,307,794 shares of the entertainment giant’s stock valued at $414,582,000 after acquiring an additional 2,298,921 shares during the last quarter. Finally, Janus Henderson Group PLC grew its holdings in Walt Disney by 112.0% during the 3rd quarter. Janus Henderson Group PLC now owns 4,142,991 shares of the entertainment giant’s stock worth $398,508,000 after acquiring an additional 2,188,610 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DIS has been the subject of several research reports. Sanford C. Bernstein lifted their target price on Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, November 15th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Morgan Stanley raised their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Needham & Company LLC reaffirmed a “buy” rating and set a $130.00 price objective on shares of Walt Disney in a research report on Wednesday, February 5th. Finally, Guggenheim increased their price objective on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $125.44.

Insider Activity

In other news, EVP Brent Woodford sold 8,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total transaction of $917,920.00. Following the completion of the transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.16% of the company’s stock.

Walt Disney Trading Up 2.3 %

Shares of NYSE DIS opened at $113.82 on Friday. 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 Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74. The company’s fifty day moving average is $110.68 and its 200-day moving average is $103.35. The stock has a market cap of $205.77 billion, a price-to-earnings ratio of 37.08, a P/E/G ratio of 1.80 and a beta of 1.42.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) 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%. Equities research analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, December 16th were paid a $0.50 dividend. The ex-dividend date was Monday, December 16th. This represents a yield of 0.6%. This is a positive change from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s payout ratio is presently 32.57%.

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.