Sunflower Bank N.A. Buys 275 Shares of The Walt Disney Company (NYSE:DIS)

Sunflower Bank N.A. raised its stake in The Walt Disney Company (NYSE:DIS) by 13.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,391 shares of the entertainment giant’s stock after purchasing an additional 275 shares during the period. Sunflower Bank N.A.’s holdings in Walt Disney were worth $266,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Farallon Capital Management LLC bought a new position in Walt Disney in the second quarter worth approximately $355,673,000. International Assets Investment Management LLC grew its position in Walt Disney by 12,574.4% in the 3rd quarter. International Assets Investment Management LLC now owns 3,426,393 shares of the entertainment giant’s stock valued at $329,585,000 after purchasing an additional 3,399,359 shares during the period. FMR LLC increased its stake in Walt Disney by 8.7% during the 3rd quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock valued at $3,310,539,000 after purchasing an additional 2,765,389 shares in the last quarter. Van ECK Associates Corp raised its holdings in Walt Disney by 114.4% during the third quarter. Van ECK Associates Corp now owns 4,307,794 shares of the entertainment giant’s stock worth $414,582,000 after buying an additional 2,298,921 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its stake in shares of Walt Disney by 112.0% in the third quarter. Janus Henderson Group PLC now owns 4,142,991 shares of the entertainment giant’s stock valued at $398,508,000 after buying an additional 2,188,610 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on DIS shares. Jefferies Financial Group assumed coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They set a “hold” rating and a $120.00 target price for the company. Needham & Company LLC boosted their price objective on Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Raymond James restated a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. Evercore ISI lifted their target price on Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Five research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and an average target price of $125.54.

Insider Activity

In other Walt Disney news, EVP Brent Woodford sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total value of $568,100.00. Following the completion of the transaction, the executive vice president now owns 44,055 shares of the company’s stock, valued at $5,005,529.10. The trade was a 10.19 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Robert A. Iger sold 372,412 shares of Walt Disney stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the sale, the chief executive officer now directly owns 226,767 shares of the company’s stock, valued at $25,980,695.19. This represents a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 385,412 shares of company stock worth $44,153,263. 0.10% of the stock is currently owned by insiders.

Walt Disney Price Performance

DIS traded down $0.57 during trading on Monday, reaching $108.08. 6,443,766 shares of the company were exchanged, compared to its average volume of 6,902,465. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The company has a market cap of $195.73 billion, a price-to-earnings ratio of 39.88, a P/E/G ratio of 2.03 and a beta of 1.43. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The company’s 50-day moving average is $111.11 and its two-hundred day moving average is $99.43.

Walt Disney (NYSE:DIS) last posted its earnings results on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. The business had revenue of $22.57 billion for the quarter, compared to analyst estimates of $22.49 billion. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. Walt Disney’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.82 EPS. Research analysts forecast that The Walt Disney Company will post 5.41 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Thursday, January 16th. Shareholders of record on Monday, December 16th will be paid a $0.50 dividend. This is a positive change from Walt Disney’s previous semi-annual dividend of $0.45. This represents a yield of 0.6%. The ex-dividend date is Monday, December 16th. Walt Disney’s dividend payout ratio is currently 36.90%.

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.