Greenleaf Trust Boosts Stock Position in The Walt Disney Company (NYSE:DIS)

Greenleaf Trust lifted its position in The Walt Disney Company (NYSE:DIS) by 12.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,906 shares of the entertainment giant’s stock after acquiring an additional 4,598 shares during the period. Greenleaf Trust’s holdings in Walt Disney were worth $3,693,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in DIS. Compton Capital Management Inc. RI boosted its stake in Walt Disney by 0.5% in the first quarter. Compton Capital Management Inc. RI now owns 20,689 shares of the entertainment giant’s stock valued at $2,838,000 after acquiring an additional 100 shares during the period. Carolinas Wealth Consulting LLC increased its position in shares of Walt Disney by 2.9% during the 1st quarter. Carolinas Wealth Consulting LLC now owns 3,575 shares of the entertainment giant’s stock valued at $490,000 after purchasing an additional 100 shares during the period. Linscomb & Williams Inc. increased its position in shares of Walt Disney by 1.9% during the 1st quarter. Linscomb & Williams Inc. now owns 5,582 shares of the entertainment giant’s stock valued at $766,000 after purchasing an additional 106 shares during the period. First Business Financial Services Inc. increased its position in shares of Walt Disney by 0.7% during the 3rd quarter. First Business Financial Services Inc. now owns 16,514 shares of the entertainment giant’s stock valued at $1,338,000 after purchasing an additional 113 shares during the period. Finally, CoreCap Advisors LLC increased its position in shares of Walt Disney by 0.5% during the 4th quarter. CoreCap Advisors LLC now owns 24,096 shares of the entertainment giant’s stock valued at $2,176,000 after purchasing an additional 118 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Trading Up 0.2 %

Walt Disney stock opened at $112.62 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.77 and a current ratio of 0.84. The business’s 50-day simple moving average is $113.98 and its 200-day simple moving average is $98.56. The firm has a market capitalization of $206.58 billion, a PE ratio of 69.52, a PEG ratio of 1.38 and a beta of 1.42. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.25. The business had revenue of $23.50 billion for the quarter, compared to analyst estimates of $23.71 billion. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The firm’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the previous year, the company posted $0.99 earnings per share. Equities research analysts forecast that The Walt Disney Company will post 4.66 earnings per share for the current year.

Walt Disney Cuts Dividend

The company also recently announced a semi-annual dividend, which will be paid on Thursday, July 25th. Investors of record on Monday, July 8th will be given a dividend of $0.45 per share. This represents a yield of 0.5%. The ex-dividend date is Monday, July 8th. Walt Disney’s dividend payout ratio (DPR) is presently 18.52%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on DIS shares. The Goldman Sachs Group lowered their price target on Walt Disney from $125.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, February 8th. Macquarie lifted their price target on Walt Disney from $94.00 to $104.00 and gave the company a “neutral” rating in a research report on Thursday, February 8th. Wells Fargo & Company raised their price objective on Walt Disney from $115.00 to $128.00 and gave the stock an “overweight” rating in a research note on Thursday, February 8th. Daiwa Capital Markets reaffirmed a “buy” rating and issued a $133.00 target price on shares of Walt Disney in a research report on Monday, April 1st. Finally, Morgan Stanley raised their target price on Walt Disney from $110.00 to $135.00 and gave the stock an “overweight” rating in a research report on Monday, March 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and an average price target of $124.54.

Insider Buying and Selling

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of Walt Disney stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the sale, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at $536,448. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is owned by company insiders.

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.