Robeco Institutional Asset Management B.V. Has $32.15 Million Holdings in The Walt Disney Company (NYSE:DIS)

Robeco Institutional Asset Management B.V. trimmed its stake in The Walt Disney Company (NYSE:DIS) by 22.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 288,681 shares of the entertainment giant’s stock after selling 83,815 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Walt Disney were worth $32,145,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cedar Mountain Advisors LLC increased its stake in Walt Disney by 38.1% during the fourth quarter. Cedar Mountain Advisors LLC now owns 399 shares of the entertainment giant’s stock valued at $44,000 after acquiring an additional 110 shares during the period. Friedenthal Financial bought a new stake in shares of Walt Disney during the fourth quarter valued at approximately $49,000. First PREMIER Bank raised its stake in shares of Walt Disney by 98.1% in the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after purchasing an additional 256 shares in the last quarter. Retirement Wealth Solutions LLC bought a new position in Walt Disney in the fourth quarter worth $50,000. Finally, FSA Wealth Management LLC acquired a new stake in Walt Disney during the third quarter worth $51,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of NYSE:DIS opened at $113.30 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 0.37. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The stock has a market capitalization of $205.18 billion, a P/E ratio of 41.81, a P/E/G ratio of 1.95 and a beta of 1.43. The business has a 50-day moving average price of $112.43 and a two-hundred day moving average price of $100.44.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.05. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. The business had revenue of $22.57 billion for the quarter, compared to analyst estimates of $22.49 billion. During the same period in the prior year, the business posted $0.82 earnings per share. Walt Disney’s revenue was up 6.3% compared to the same quarter last year. Equities analysts predict that The Walt Disney Company will post 5.41 earnings per share for the current year.

Walt Disney Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were given a $0.50 dividend. This is a positive change from Walt Disney’s previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. The ex-dividend date was Monday, December 16th. Walt Disney’s dividend payout ratio (DPR) is currently 36.90%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on DIS shares. Morgan Stanley increased their price objective on shares of Walt Disney from $110.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and raised their price target for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Macquarie reiterated a “neutral” rating and issued a $110.00 price objective on shares of Walt Disney in a research note on Monday, January 6th. Bank of America increased their target price on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Finally, Rosenblatt Securities boosted their price target on Walt Disney from $122.00 to $135.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Five research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued 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 $125.52.

Insider Buying and Selling

In other news, EVP Brent Woodford sold 5,000 shares of the business’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total transaction of $568,100.00. Following the completion of the transaction, the executive vice president now directly owns 44,055 shares in the company, valued at approximately $5,005,529.10. The trade was a 10.19 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Robert A. Iger sold 372,412 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the completion of the sale, the chief executive officer now owns 226,767 shares in the company, valued at $25,980,695.19. This represents a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 385,412 shares of company stock valued at $44,153,263 over the last three months. Company insiders own 0.10% of the company’s stock.

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.