Northwest Capital Management Inc Has $240,000 Stake in The Walt Disney Company (NYSE:DIS)

Northwest Capital Management Inc trimmed its stake in The Walt Disney Company (NYSE:DIS) by 4.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,655 shares of the entertainment giant’s stock after selling 126 shares during the period. Northwest Capital Management Inc’s holdings in Walt Disney were worth $240,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in DIS. Vanguard Group Inc. increased its stake in Walt Disney by 0.7% in the third quarter. Vanguard Group Inc. now owns 149,887,754 shares of the entertainment giant’s stock valued at $12,148,402,000 after purchasing an additional 994,575 shares in the last quarter. Morgan Stanley raised its position in shares of Walt Disney by 13.5% in the fourth quarter. Morgan Stanley now owns 46,172,567 shares of the entertainment giant’s stock valued at $4,011,473,000 after purchasing an additional 5,499,014 shares during the period. Trian Fund Management L.P. raised its position in shares of Walt Disney by 411.6% in the third quarter. Trian Fund Management L.P. now owns 32,868,307 shares of the entertainment giant’s stock valued at $2,663,976,000 after purchasing an additional 26,443,257 shares during the period. Northern Trust Corp increased its position in Walt Disney by 10.6% during the third quarter. Northern Trust Corp now owns 24,859,476 shares of the entertainment giant’s stock worth $2,014,861,000 after acquiring an additional 2,384,407 shares during the period. Finally, Moneta Group Investment Advisors LLC increased its position in Walt Disney by 109,924.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 23,666,275 shares of the entertainment giant’s stock worth $2,056,126,000 after acquiring an additional 23,644,765 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Sonia L. Coleman sold 1,857 shares of the business’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the transaction, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at approximately $536,448. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.10% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on DIS. Rosenblatt Securities increased their price objective on shares of Walt Disney from $129.00 to $137.00 and gave the stock a “buy” rating in a research note on Tuesday, April 2nd. Argus lifted their target price on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Raymond James lifted their target price on shares of Walt Disney from $112.00 to $128.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 26th. Daiwa Capital Markets restated a “buy” rating and set a $133.00 price target on shares of Walt Disney in a report on Monday, April 1st. Finally, Guggenheim lifted their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, April 3rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $124.54.

Walt Disney Stock Up 0.2 %

DIS traded up $0.18 during mid-day trading on Friday, reaching $112.61. 9,436,023 shares of the stock were exchanged, compared to its average volume of 10,044,029. 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 stock has a market capitalization of $206.56 billion, a PE ratio of 69.51, a price-to-earnings-growth ratio of 1.38 and a beta of 1.42. The company has a 50 day moving average price of $113.98 and a two-hundred day moving average price of $98.69. The Walt Disney Company has a 1 year low of $78.73 and a 1 year high of $123.74.

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

Walt Disney Cuts Dividend

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

About Walt Disney

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.