National Pension Service Acquires 39,923 Shares of The Walt Disney Company (NYSE:DIS)

National Pension Service boosted its stake in The Walt Disney Company (NYSE:DIS) by 1.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,741,972 shares of the entertainment giant’s stock after purchasing an additional 39,923 shares during the quarter. National Pension Service’s holdings in Walt Disney were worth $416,669,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Advisor OS LLC boosted its position in Walt Disney by 8.9% during the 4th quarter. Advisor OS LLC now owns 8,436 shares of the entertainment giant’s stock valued at $939,000 after acquiring an additional 687 shares in the last quarter. Kirtland Hills Capital Management LLC lifted its stake in shares of Walt Disney by 15.6% in the 4th quarter. Kirtland Hills Capital Management LLC now owns 5,765 shares of the entertainment giant’s stock valued at $642,000 after purchasing an additional 780 shares during the period. Bradley & Co. Private Wealth Management LLC bought a new stake in shares of Walt Disney during the fourth quarter valued at approximately $195,000. Los Angeles Capital Management LLC grew its stake in Walt Disney by 117.5% in the fourth quarter. Los Angeles Capital Management LLC now owns 29,071 shares of the entertainment giant’s stock worth $3,237,000 after purchasing an additional 15,708 shares during the period. Finally, Vaughan David Investments LLC IL raised its holdings in Walt Disney by 0.9% in the fourth quarter. Vaughan David Investments LLC IL now owns 331,136 shares of the entertainment giant’s stock worth $36,872,000 after purchasing an additional 2,952 shares in the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on DIS. Macquarie reaffirmed a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Needham & Company LLC restated a “buy” rating and issued a $130.00 price objective on shares of Walt Disney in a report on Wednesday, February 5th. Guggenheim lifted their target price on shares of Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, November 15th. Loop Capital boosted their price target on Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Six research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $125.44.

Walt Disney Stock Down 0.6 %

DIS stock opened at $110.57 on Wednesday. The business’s 50-day moving average is $110.63 and its two-hundred day moving average is $102.92. The company has a market cap of $199.89 billion, a price-to-earnings ratio of 36.02, a P/E/G ratio of 1.80 and a beta of 1.42. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping 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%. As a group, analysts forecast that The Walt Disney Company will post 5.47 earnings per share 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 given a dividend of $0.50 per share. 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 payout ratio is presently 32.57%.

Insider Buying and Selling

In other Walt Disney 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 value of $917,920.00. Following the completion of the sale, the executive vice president now owns 44,055 shares in the company, valued at $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.16% of the stock is owned by 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.