Compagnie Lombard Odier SCmA Has $69.21 Million Holdings in The Walt Disney Company (NYSE:DIS)

Compagnie Lombard Odier SCmA lowered its stake in The Walt Disney Company (NYSE:DIS) by 14.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 621,543 shares of the entertainment giant’s stock after selling 107,592 shares during the period. Walt Disney makes up approximately 1.0% of Compagnie Lombard Odier SCmA’s holdings, making the stock its 27th biggest position. Compagnie Lombard Odier SCmA’s holdings in Walt Disney were worth $69,209,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in DIS. Wedge Capital Management L L P NC lifted its position in shares of Walt Disney by 8.1% in the third quarter. Wedge Capital Management L L P NC now owns 3,615 shares of the entertainment giant’s stock worth $348,000 after buying an additional 270 shares during the last quarter. Creative Planning lifted its position in shares of Walt Disney by 0.9% during the 3rd quarter. Creative Planning now owns 655,712 shares of the entertainment giant’s stock worth $59,827,000 after purchasing an additional 5,972 shares during the last quarter. Vontobel Holding Ltd. lifted its position in shares of Walt Disney by 27.3% during the 3rd quarter. Vontobel Holding Ltd. now owns 311,378 shares of the entertainment giant’s stock worth $29,951,000 after purchasing an additional 66,856 shares during the last quarter. Wolff Wiese Magana LLC lifted its position in shares of Walt Disney by 58.5% during the 3rd quarter. Wolff Wiese Magana LLC now owns 677 shares of the entertainment giant’s stock worth $65,000 after purchasing an additional 250 shares during the last quarter. Finally, Twelve Points Wealth Management LLC lifted its position in shares of Walt Disney by 3.2% during the 3rd quarter. Twelve Points Wealth Management LLC now owns 4,264 shares of the entertainment giant’s stock worth $410,000 after purchasing an additional 133 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insiders Place Their Bets

In other Walt Disney news, CEO Robert A. Iger sold 372,412 shares of Walt Disney stock in a transaction dated 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 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 position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Brent Woodford sold 8,000 shares of Walt Disney 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 in the company, valued at $5,054,870.70. This represents a 15.37 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 385,412 shares of company stock worth $44,153,263. Corporate insiders own 0.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on DIS shares. Evercore ISI boosted their price objective on Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Needham & Company LLC reissued a “buy” rating and set a $130.00 price objective on shares of Walt Disney in a research report on Wednesday, February 5th. Jefferies Financial Group started coverage on Walt Disney in a research report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price objective for the company. Prescient Securities cut their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Finally, Citigroup reissued a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research report on Wednesday, January 22nd. Six analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and an average price target of $125.85.

Walt Disney Stock Up 0.3 %

NYSE:DIS opened at $109.56 on Friday. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The company has a quick ratio of 0.67, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $198.06 billion, a P/E ratio of 35.69, a P/E/G ratio of 1.95 and a beta of 1.42. The stock’s fifty day simple moving average is $111.41 and its 200-day simple moving average is $101.67.

Walt Disney (NYSE:DIS) last posted 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 9.95% and a net margin of 6.07%. Equities research analysts expect that The Walt Disney Company will post 5.43 earnings per share for the current year.

Walt Disney Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, December 16th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, December 16th. This is a positive change from Walt Disney’s previous semi-annual dividend of $0.45. This represents a yield of 0.6%. Walt Disney’s payout ratio is currently 32.57%.

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.