Jackson Hole Capital Partners LLC Sells 825 Shares of The Walt Disney Company (NYSE:DIS)

Jackson Hole Capital Partners LLC reduced its position in shares of The Walt Disney Company (NYSE:DIS) by 3.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,246 shares of the entertainment giant’s stock after selling 825 shares during the period. Jackson Hole Capital Partners LLC’s holdings in Walt Disney were worth $1,828,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in DIS. Planned Solutions Inc. acquired a new stake in Walt Disney in the 4th quarter valued at about $26,000. Fortis Group Advisors LLC acquired a new stake in shares of Walt Disney during the 3rd quarter worth approximately $30,000. Stone House Investment Management LLC grew its position in shares of Walt Disney by 355.3% during the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock worth $31,000 after buying an additional 270 shares during the period. Orion Capital Management LLC bought a new position in Walt Disney during the 3rd quarter worth approximately $35,000. Finally, Harvest Fund Management Co. Ltd boosted its stake in Walt Disney by 15,900.0% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 480 shares of the entertainment giant’s stock worth $39,000 after acquiring an additional 477 shares during the last quarter. 65.71% of the stock is owned by institutional investors.

Walt Disney Stock Down 1.0 %

DIS traded down $1.18 during trading on Thursday, reaching $112.74. 8,033,218 shares of the stock were exchanged, compared to its average volume of 11,853,280. The stock has a market cap of $206.80 billion, a P/E ratio of 69.59, a price-to-earnings-growth ratio of 1.40 and a beta of 1.42. The Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $123.74. The stock’s 50 day moving average price is $114.16 and its two-hundred day moving average price is $99.46. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.77 and a current ratio of 0.84.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, beating the consensus estimate of $0.97 by $0.25. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The firm had revenue of $23.50 billion for the quarter, compared to the consensus estimate of $23.71 billion. During the same period in the previous year, the company earned $0.99 earnings per share. The company’s quarterly revenue was down .1% on a year-over-year basis. Equities analysts expect that The Walt Disney Company will post 4.66 EPS for the current year.

Walt Disney Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Thursday, July 25th. Shareholders of record on Monday, July 8th will be issued a $0.45 dividend. The ex-dividend date of this dividend is Monday, July 8th. This represents a dividend yield of 0.5%. Walt Disney’s dividend payout ratio is currently 18.52%.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the transaction, the executive vice president now directly owns 4,400 shares in the company, valued at $536,448. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Needham & Company LLC lifted their price objective on shares of Walt Disney from $120.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, March 28th. Macquarie lifted their price objective on shares of Walt Disney from $94.00 to $104.00 and gave the stock a “neutral” rating in a research note on Thursday, February 8th. Raymond James lifted their price objective on shares of Walt Disney from $112.00 to $128.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 26th. Bank of America lifted their price objective on shares of Walt Disney from $130.00 to $145.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Finally, JPMorgan Chase & Co. started coverage on shares of Walt Disney in a research note on Thursday, April 11th. They issued an “overweight” rating and a $140.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $125.08.

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.