Tranquilli Financial Advisor LLC Has $296,000 Holdings in The Walt Disney Company (NYSE:DIS)

Tranquilli Financial Advisor LLC boosted its position in The Walt Disney Company (NYSE:DIS) by 14.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,655 shares of the entertainment giant’s stock after purchasing an additional 342 shares during the quarter. Tranquilli Financial Advisor LLC’s holdings in Walt Disney were worth $296,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Czech National Bank boosted its holdings in Walt Disney by 6.3% in the third quarter. Czech National Bank now owns 369,397 shares of the entertainment giant’s stock valued at $35,532,000 after acquiring an additional 21,998 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Walt Disney by 14.2% in the 3rd quarter. GAMMA Investing LLC now owns 19,675 shares of the entertainment giant’s stock valued at $1,893,000 after purchasing an additional 2,443 shares during the last quarter. Herbst Group LLC raised its stake in Walt Disney by 0.6% during the third quarter. Herbst Group LLC now owns 23,048 shares of the entertainment giant’s stock worth $2,217,000 after buying an additional 140 shares during the last quarter. Eagle Rock Investment Company LLC lifted its holdings in Walt Disney by 1.6% in the third quarter. Eagle Rock Investment Company LLC now owns 65,087 shares of the entertainment giant’s stock valued at $6,261,000 after buying an additional 1,046 shares during the period. Finally, Miracle Mile Advisors LLC raised its position in shares of Walt Disney by 10.5% in the 3rd quarter. Miracle Mile Advisors LLC now owns 37,963 shares of the entertainment giant’s stock worth $3,652,000 after acquiring an additional 3,620 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Robert A. Iger sold 372,412 shares of the firm’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total value of $42,667,242.84. Following the completion of the sale, the chief executive officer now owns 226,767 shares of the company’s stock, valued at $25,980,695.19. This trade represents a 62.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Brent Woodford sold 8,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total transaction of $917,920.00. Following the transaction, the executive vice president now directly owns 44,055 shares in the company, valued at approximately $5,054,870.70. The trade was a 15.37 % 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. 0.16% of the stock is currently owned by company insiders.

Walt Disney Stock Performance

Shares of DIS stock opened at $114.40 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.67 and a current ratio of 0.73. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a market capitalization of $206.89 billion, a P/E ratio of 42.19, a PEG ratio of 2.02 and a beta of 1.42. The stock has a 50 day moving average price of $112.34 and a two-hundred day moving average price of $100.66.

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

Walt Disney Increases Dividend

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DIS. Citigroup reissued a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research note on Wednesday, January 22nd. Needham & Company LLC boosted their target price on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Sanford C. Bernstein boosted their price objective on Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a report on Friday, November 15th. Rosenblatt Securities upped their target price on Walt Disney from $122.00 to $135.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Finally, Wells Fargo & Company lifted their price target on shares of Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Five investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.52.

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.