waypoint wealth counsel cut its holdings in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 4.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,366 shares of the entertainment giant’s stock after selling 121 shares during the period. waypoint wealth counsel’s holdings in Walt Disney were worth $263,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Ascent Group LLC grew its stake in Walt Disney by 16.3% during the 2nd quarter. Ascent Group LLC now owns 29,848 shares of the entertainment giant’s stock worth $2,964,000 after purchasing an additional 4,176 shares in the last quarter. Annandale Capital LLC grew its holdings in Walt Disney by 86.9% during the 2nd quarter. Annandale Capital LLC now owns 68,148 shares of the entertainment giant’s stock worth $6,766,000 after acquiring an additional 31,679 shares in the last quarter. Full Sail Capital LLC raised its stake in Walt Disney by 56.6% in the second quarter. Full Sail Capital LLC now owns 2,724 shares of the entertainment giant’s stock valued at $270,000 after buying an additional 985 shares in the last quarter. Doheny Asset Management CA acquired a new position in Walt Disney in the second quarter valued at approximately $1,933,000. Finally, Copperwynd Financial LLC boosted its holdings in shares of Walt Disney by 12.2% in the 2nd quarter. Copperwynd Financial LLC now owns 6,383 shares of the entertainment giant’s stock valued at $598,000 after buying an additional 694 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.
Insider Buying and Selling
In other Walt Disney news, CEO Robert A. Iger sold 372,412 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $114.57, for a total value of $42,667,242.84. Following the sale, the chief executive officer now owns 226,767 shares of the company’s stock, valued at $25,980,695.19. This represents a 62.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Brent Woodford sold 5,000 shares of the firm’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 transaction 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 trade represents a 10.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 385,412 shares of company stock worth $44,153,263 in the last three months. Corporate insiders own 0.10% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Research Report on DIS
Walt Disney Stock Up 1.1 %
Shares of NYSE DIS opened at $112.25 on Monday. The stock has a market capitalization of $203.28 billion, a price-to-earnings ratio of 41.42, a price-to-earnings-growth ratio of 1.95 and a beta of 1.43. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The firm has a 50-day moving average price of $112.46 and a 200 day moving average price of $100.08. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37.
Walt Disney (NYSE:DIS – Get Free Report) last released its quarterly earnings results on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. The business had revenue of $22.57 billion for the quarter, compared to analysts’ expectations 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 was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.82 EPS. Equities research analysts anticipate that The Walt Disney Company will post 5.41 EPS for the current fiscal year.
Walt Disney Increases Dividend
The company also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were paid a dividend of $0.50 per share. This represents a dividend yield of 0.6%. The ex-dividend date was Monday, December 16th. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s payout ratio is 36.90%.
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.
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