J. W. Coons Advisors LLC Sells 200 Shares of The Walt Disney Company (NYSE:DIS)

J. W. Coons Advisors LLC lowered its position in The Walt Disney Company (NYSE:DIS) by 1.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,611 shares of the entertainment giant’s stock after selling 200 shares during the period. J. W. Coons Advisors LLC’s holdings in Walt Disney were worth $1,627,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Farmers Trust Co. raised its position in shares of Walt Disney by 1.1% in the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock worth $945,000 after acquiring an additional 92 shares in the last quarter. Pathway Financial Advisors LLC grew its stake in shares of Walt Disney by 2.7% in the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant’s stock worth $386,000 after buying an additional 92 shares during the last quarter. Prossimo Advisors LLC grew its stake in shares of Walt Disney by 1.1% in the 4th quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock worth $972,000 after buying an additional 92 shares during the last quarter. Saxon Interests Inc. grew its stake in shares of Walt Disney by 2.8% in the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock worth $380,000 after buying an additional 93 shares during the last quarter. Finally, Abundance Wealth Counselors grew its stake in shares of Walt Disney by 1.0% in the 4th quarter. Abundance Wealth Counselors now owns 9,662 shares of the entertainment giant’s stock worth $1,076,000 after buying an additional 94 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of Walt Disney stock opened at $108.62 on Monday. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The stock’s fifty day moving average is $110.70 and its 200 day moving average is $102.58. The stock has a market cap of $196.37 billion, a P/E ratio of 35.38, a P/E/G ratio of 1.80 and a beta of 1.42. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68.

Walt Disney (NYSE:DIS) last announced its 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 return on equity of 9.95% and a net margin of 6.07%. Sell-side analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Increases Dividend

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

Analysts Set New Price Targets

Several analysts recently weighed in on DIS shares. Deutsche Bank Aktiengesellschaft upped their price target on Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Bank of America upped their price target on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and upped their price target for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Wells Fargo & Company upped their price target on Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Finally, Prescient Securities cut their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Six 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $125.44.

Insider Buying and Selling

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 transaction of $917,920.00. Following the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.16% of the stock is owned by insiders.

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.