Cypress Wealth Services LLC reduced its position in Walt Disney Co (NYSE:DIS) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,629 shares of the entertainment giant’s stock after selling 250 shares during the quarter. Cypress Wealth Services LLC’s holdings in Walt Disney were worth $2,694,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. HNP Capital LLC lifted its stake in Walt Disney by 2.7% during the 4th quarter. HNP Capital LLC now owns 2,781 shares of the entertainment giant’s stock worth $402,000 after acquiring an additional 73 shares in the last quarter. Wsfs Capital Management LLC lifted its stake in Walt Disney by 2.6% during the 2nd quarter. Wsfs Capital Management LLC now owns 3,003 shares of the entertainment giant’s stock worth $419,000 after acquiring an additional 76 shares in the last quarter. Northstar Wealth Partners LLC lifted its stake in Walt Disney by 1.9% during the 2nd quarter. Northstar Wealth Partners LLC now owns 4,063 shares of the entertainment giant’s stock worth $567,000 after acquiring an additional 76 shares in the last quarter. NewSquare Capital LLC lifted its stake in Walt Disney by 24.9% during the 2nd quarter. NewSquare Capital LLC now owns 386 shares of the entertainment giant’s stock worth $54,000 after acquiring an additional 77 shares in the last quarter. Finally, Hurlow Wealth Management Group Inc. lifted its stake in Walt Disney by 3.2% during the 3rd quarter. Hurlow Wealth Management Group Inc. now owns 2,560 shares of the entertainment giant’s stock worth $332,000 after acquiring an additional 79 shares in the last quarter. 64.07% of the stock is owned by hedge funds and other institutional investors.

Several research firms recently issued reports on DIS. Evercore ISI reissued a “buy” rating and set a $155.00 target price on shares of Walt Disney in a research note on Monday, November 11th. Imperial Capital reissued a “hold” rating and set a $143.00 target price on shares of Walt Disney in a research note on Tuesday, December 10th. ValuEngine lowered Walt Disney from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Consumer Edge began coverage on Walt Disney in a research note on Monday, November 25th. They set an “overweight” rating and a $175.00 target price on the stock. Finally, Needham & Company LLC reissued a “hold” rating on shares of Walt Disney in a research note on Friday, September 27th. Seven research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $154.31.

Shares of NYSE DIS traded down $1.06 during midday trading on Tuesday, hitting $142.82. 980,972 shares of the company’s stock were exchanged, compared to its average volume of 6,808,851. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.90 and a quick ratio of 0.84. Walt Disney Co has a twelve month low of $107.32 and a twelve month high of $153.41. The company has a market cap of $259.33 billion, a PE ratio of 24.75, a P/E/G ratio of 5.68 and a beta of 1.00. The firm’s fifty day simple moving average is $147.04 and its 200-day simple moving average is $139.60.

Walt Disney (NYSE:DIS) last issued its earnings results on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.12. Walt Disney had a return on equity of 11.38% and a net margin of 15.89%. The business had revenue of $19.10 billion for the quarter, compared to analyst estimates of $19.02 billion. During the same quarter last year, the company earned $1.48 EPS. The business’s quarterly revenue was up 33.6% on a year-over-year basis. Equities analysts anticipate that Walt Disney Co will post 5.35 EPS for the current fiscal year.

The firm also recently announced a semi-annual dividend, which will be paid on Thursday, January 16th. Stockholders of record on Monday, December 16th will be given a dividend of $0.88 per share. This represents a dividend yield of 1.2%. The ex-dividend date is Friday, December 13th. Walt Disney’s dividend payout ratio (DPR) is presently 30.50%.

In related news, EVP Alan N. Braverman sold 1,113 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $146.32, for a total transaction of $162,854.16. Following the transaction, the executive vice president now owns 102,789 shares in the company, valued at approximately $15,040,086.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Christine M. Mccarthy sold 4,617 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $139.20, for a total value of $642,686.40. Following the transaction, the chief financial officer now owns 135,756 shares in the company, valued at approximately $18,897,235.20. The disclosure for this sale can be found here. Insiders have sold a total of 18,837 shares of company stock worth $2,759,138 in the last three months. Corporate insiders own 0.36% of the company’s stock.

Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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