The Walt Disney Company (NYSE:DIS) Shares Sold by Crewe Advisors LLC

Crewe Advisors LLC reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,518 shares of the entertainment giant’s stock after selling 100 shares during the quarter. Crewe Advisors LLC’s holdings in Walt Disney were worth $392,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DIS. Czech National Bank raised its holdings in Walt Disney by 6.3% during the third quarter. Czech National Bank now owns 369,397 shares of the entertainment giant’s stock worth $35,532,000 after purchasing an additional 21,998 shares in the last quarter. Reliant Investment Management LLC increased its position in Walt Disney by 1.3% during the 3rd quarter. Reliant Investment Management LLC now owns 41,322 shares of the entertainment giant’s stock worth $3,975,000 after purchasing an additional 535 shares during the period. Leibman Financial Services Inc. raised its stake in shares of Walt Disney by 18.2% during the 3rd quarter. Leibman Financial Services Inc. now owns 44,916 shares of the entertainment giant’s stock worth $4,320,000 after buying an additional 6,918 shares in the last quarter. Trust Co of Kansas lifted its holdings in shares of Walt Disney by 2.9% in the 3rd quarter. Trust Co of Kansas now owns 50,537 shares of the entertainment giant’s stock valued at $4,861,000 after buying an additional 1,428 shares during the period. Finally, Brookstone Capital Management boosted its stake in shares of Walt Disney by 10.3% in the third quarter. Brookstone Capital Management now owns 127,544 shares of the entertainment giant’s stock valued at $12,268,000 after buying an additional 11,864 shares in the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DIS has been the topic of a number of recent analyst reports. Prescient Securities lowered their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday. Guggenheim increased their target price on shares of Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, November 15th. Sanford C. Bernstein boosted their price target on Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday, November 15th. Bank of America raised their price objective on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Finally, Citigroup reissued a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Six analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and a consensus target price of $125.65.

Walt Disney Stock Performance

Shares of DIS stock opened at $110.41 on Thursday. The firm has a market capitalization of $199.67 billion, a price-to-earnings ratio of 40.74, a price-to-earnings-growth ratio of 2.02 and a beta of 1.42. The company has a 50 day moving average price of $112.26 and a 200 day moving average price of $100.89. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.67 and a current ratio of 0.73.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.21% and a net margin of 5.44%. Sell-side analysts anticipate that The Walt Disney Company will post 5.41 EPS 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 dividend of $0.50 per share. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, December 16th. Walt Disney’s dividend payout ratio (DPR) is presently 36.90%.

Insider Buying and Selling

In other news, CEO Robert A. Iger sold 372,412 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the transaction, the chief executive officer now owns 226,767 shares of the company’s stock, valued at approximately $25,980,695.19. This trade represents a 62.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Brent Woodford sold 8,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total value of $917,920.00. Following the completion of the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 385,412 shares of company stock valued at $44,153,263. Corporate insiders own 0.16% 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.