2,306 Shares in The Walt Disney Company (NYSE:DIS) Bought by Francis Financial Inc.

Francis Financial Inc. acquired a new stake in The Walt Disney Company (NYSE:DIS) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 2,306 shares of the entertainment giant’s stock, valued at approximately $208,000.

A number of other institutional investors have also recently bought and sold shares of the business. Markel Corp lifted its position in shares of Walt Disney by 2.3% during the 1st quarter. Markel Corp now owns 1,922,665 shares of the entertainment giant’s stock valued at $263,713,000 after buying an additional 42,500 shares during the last quarter. Fairfield Bush & CO. lifted its position in shares of Walt Disney by 3.4% during the 1st quarter. Fairfield Bush & CO. now owns 9,624 shares of the entertainment giant’s stock valued at $1,320,000 after buying an additional 320 shares during the last quarter. United Bank lifted its position in shares of Walt Disney by 8.7% during the 1st quarter. United Bank now owns 9,949 shares of the entertainment giant’s stock valued at $1,365,000 after buying an additional 794 shares during the last quarter. AMI Investment Management Inc. lifted its position in shares of Walt Disney by 4.6% during the 1st quarter. AMI Investment Management Inc. now owns 24,918 shares of the entertainment giant’s stock valued at $3,418,000 after buying an additional 1,094 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its position in shares of Walt Disney by 0.6% during the 1st quarter. Mackenzie Financial Corp now owns 828,308 shares of the entertainment giant’s stock valued at $113,611,000 after buying an additional 4,722 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. The Goldman Sachs Group dropped their price target on Walt Disney from $125.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, February 8th. Macquarie increased their price objective on Walt Disney from $94.00 to $104.00 and gave the stock a “neutral” rating in a report on Thursday, February 8th. Needham & Company LLC increased their price objective on Walt Disney from $120.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday. Barclays raised Walt Disney from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $95.00 to $135.00 in a report on Monday. Finally, Morgan Stanley increased their price objective on Walt Disney from $110.00 to $135.00 and gave the stock an “overweight” rating in a report on Monday, March 4th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and twenty have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $117.77.

Insider Buying and Selling

In other Walt Disney news, EVP Sonia L. Coleman sold 898 shares of the company’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $90.11, for a total transaction of $80,918.78. Following the sale, the executive vice president now directly owns 1,861 shares in the company, valued at $167,694.71. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.10% of the stock is owned by company insiders.

Walt Disney Price Performance

Shares of Walt Disney stock opened at $122.36 on Friday. The stock’s 50-day simple moving average is $107.28 and its 200-day simple moving average is $94.53. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74. The company has a market capitalization of $224.44 billion, a price-to-earnings ratio of 75.53, a PEG ratio of 1.86 and a beta of 1.41. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39.

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

Walt Disney Cuts Dividend

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

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.