Barlow Wealth Partners Inc. Buys 852 Shares of The Walt Disney Company (NYSE:DIS)

Barlow Wealth Partners Inc. raised its stake in The Walt Disney Company (NYSE:DIS) by 0.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 100,666 shares of the entertainment giant’s stock after purchasing an additional 852 shares during the quarter. Barlow Wealth Partners Inc.’s holdings in Walt Disney were worth $10,890,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. William B. Walkup & Associates Inc. bought a new position in Walt Disney in the second quarter valued at $32,000. Friedenthal Financial bought a new position in shares of Walt Disney during the 4th quarter valued at about $49,000. First PREMIER Bank raised its holdings in shares of Walt Disney by 98.1% during the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after buying an additional 256 shares in the last quarter. Retirement Wealth Solutions LLC bought a new stake in Walt Disney in the 4th quarter worth approximately $50,000. Finally, FSA Wealth Management LLC purchased a new stake in Walt Disney in the third quarter worth approximately $51,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of DIS opened at $108.72 on Wednesday. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The stock has a market cap of $196.89 billion, a P/E ratio of 40.12, a P/E/G ratio of 1.91 and a beta of 1.43. The business’s 50 day moving average price is $112.20 and its 200-day moving average price is $99.76. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74.

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

Walt Disney Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, December 16th were issued a $0.50 dividend. The ex-dividend date was Monday, December 16th. This is a boost from Walt Disney’s previous semi-annual dividend of $0.45. This represents a yield of 0.6%. Walt Disney’s payout ratio is 36.90%.

Wall Street Analyst Weigh In

Several research analysts have commented on DIS shares. Seaport Res Ptn raised shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 30th. Morgan Stanley lifted their target price on shares of Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. Evercore ISI upped their price target on shares of Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Wells Fargo & Company lifted their price objective on Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Finally, Rosenblatt Securities boosted their target price 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 analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $125.54.

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total value of $568,100.00. Following the transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,005,529.10. This represents a 10.19 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Robert A. Iger sold 372,412 shares of Walt Disney stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total value of $42,667,242.84. Following the completion of the sale, the chief executive officer now directly owns 226,767 shares of the company’s stock, valued at approximately $25,980,695.19. The trade was a 62.15 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 385,412 shares of company stock worth $44,153,263. Corporate 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.