FPC Investment Advisory Inc. Makes New Investment in The Walt Disney Company (NYSE:DIS)

FPC Investment Advisory Inc. purchased a new position in shares of The Walt Disney Company (NYSE:DIS) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 245 shares of the entertainment giant’s stock, valued at approximately $28,000.

Other large investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its stake in shares of Walt Disney by 4.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 107,880 shares of the entertainment giant’s stock valued at $10,377,000 after buying an additional 4,878 shares during the period. Ballentine Partners LLC grew its stake in shares of Walt Disney by 10.5% in the 3rd quarter. Ballentine Partners LLC now owns 24,394 shares of the entertainment giant’s stock valued at $2,346,000 after buying an additional 2,310 shares during the period. Sigma Investment Counselors Inc. grew its stake in shares of Walt Disney by 6.8% in the 3rd quarter. Sigma Investment Counselors Inc. now owns 4,039 shares of the entertainment giant’s stock valued at $389,000 after buying an additional 258 shares during the period. Shayne & Jacobs LLC grew its stake in shares of Walt Disney by 11.9% in the 3rd quarter. Shayne & Jacobs LLC now owns 29,260 shares of the entertainment giant’s stock valued at $2,815,000 after buying an additional 3,113 shares during the period. Finally, Pavion Blue Capital LLC lifted its position in Walt Disney by 2.4% in the 3rd quarter. Pavion Blue Capital LLC now owns 55,811 shares of the entertainment giant’s stock valued at $5,368,000 after acquiring an additional 1,304 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total value of $917,920.00. Following the completion of the transaction, the executive vice president now owns 44,055 shares in the company, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.16% of the stock is owned by corporate insiders.

Walt Disney Trading Down 1.7 %

NYSE:DIS opened at $108.62 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $196.37 billion, a PE ratio of 35.38, a price-to-earnings-growth ratio of 1.80 and a beta of 1.42. The firm’s 50 day moving average is $110.70 and its 200 day moving average is $102.49. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were issued a dividend of $0.50 per share. This is a boost from Walt Disney’s previous semi-annual dividend of $0.45. The ex-dividend date was Monday, December 16th. This represents a yield of 0.6%. Walt Disney’s dividend payout ratio is 32.57%.

Analysts Set New Price Targets

DIS has been the topic of several recent research reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a research report on Wednesday, February 5th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. Guggenheim raised their price target on shares of Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Bank of America raised their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Finally, TD Cowen raised their price target on shares of Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a research report on Friday, November 15th. Six equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $125.44.

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.