Vanguard Capital Wealth Advisors lowered its stake in The Walt Disney Company (NYSE:DIS – Free Report) by 31.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,162 shares of the entertainment giant’s stock after selling 2,800 shares during the period. Vanguard Capital Wealth Advisors’ holdings in Walt Disney were worth $556,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Trian Fund Management L.P. lifted its position in shares of Walt Disney by 411.6% in the third quarter. Trian Fund Management L.P. now owns 32,868,307 shares of the entertainment giant’s stock worth $2,663,976,000 after purchasing an additional 26,443,257 shares in the last quarter. First Eagle Investment Management LLC bought a new stake in shares of Walt Disney in the third quarter worth $326,171,000. International Assets Investment Management LLC lifted its position in shares of Walt Disney by 8,681.3% in the fourth quarter. International Assets Investment Management LLC now owns 3,349,709 shares of the entertainment giant’s stock worth $302,445,000 after purchasing an additional 3,311,563 shares in the last quarter. Loomis Sayles & Co. L P lifted its position in shares of Walt Disney by 21.0% in the third quarter. Loomis Sayles & Co. L P now owns 14,416,343 shares of the entertainment giant’s stock worth $1,168,444,000 after purchasing an additional 2,505,486 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in Walt Disney by 10.6% during the third quarter. Northern Trust Corp now owns 24,859,476 shares of the entertainment giant’s stock worth $2,014,861,000 after buying an additional 2,384,407 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.
Walt Disney Price Performance
DIS traded down $0.97 on Tuesday, hitting $111.11. 8,146,340 shares of the stock were exchanged, compared to its average volume of 11,685,459. The Walt Disney Company has a 12 month low of $78.73 and a 12 month high of $123.74. The business has a 50-day moving average of $114.19 and a two-hundred day moving average of $100.06. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77. The firm has a market capitalization of $203.80 billion, a price-to-earnings ratio of 68.61, a PEG ratio of 1.39 and a beta of 1.42.
Walt Disney Cuts Dividend
The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, July 25th. Investors of record on Monday, July 8th will be issued a $0.45 dividend. This represents a yield of 0.5%. The ex-dividend date is Monday, July 8th. Walt Disney’s dividend payout ratio (DPR) is currently 18.52%.
Analyst Ratings Changes
A number of brokerages recently weighed in on DIS. Daiwa Capital Markets restated a “buy” rating and set a $133.00 target price on shares of Walt Disney in a report on Monday, April 1st. Raymond James boosted their target price on shares of Walt Disney from $112.00 to $128.00 and gave the stock an “outperform” rating in a report on Tuesday, March 26th. Argus boosted their target price on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. JPMorgan Chase & Co. began coverage on shares of Walt Disney in a report on Thursday, April 11th. They set an “overweight” rating and a $140.00 target price on the stock. Finally, Rosenblatt Securities boosted their target price on shares of Walt Disney from $129.00 to $137.00 and gave the stock a “buy” rating in a report on Tuesday, April 2nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $125.08.
View Our Latest Report on Walt Disney
Insider Buying and Selling
In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of Walt Disney stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the completion of the transaction, the executive vice president now owns 4,400 shares of the company’s stock, valued at approximately $536,448. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.10% of the stock is currently owned by insiders.
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.
Further Reading
- Five stocks we like better than Walt Disney
- How to Find Undervalued Stocks
- NXP Semiconductors Will Set a New High Soon: $300 in Sight
- Dividend Payout Ratio Calculator
- Hilton Demonstrates Asset Light is Right for Investors
- What Are Growth Stocks and Investing in Them
- Boston Scientific Bucks the Medtech Slow Down and Raises Outlook
Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DIS – Free Report).
Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.