Colonial River Investments LLC Invests $253,000 in The Walt Disney Company (NYSE:DIS)

Colonial River Investments LLC acquired a new position in shares of The Walt Disney Company (NYSE:DIS) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 2,276 shares of the entertainment giant’s stock, valued at approximately $253,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Y Intercept Hong Kong Ltd purchased a new stake in Walt Disney in the fourth quarter valued at $2,705,000. Partners Wealth Management LLC purchased a new stake in Walt Disney in the fourth quarter valued at $295,000. Union Bancaire Privee UBP SA purchased a new stake in Walt Disney in the fourth quarter valued at $1,621,000. World Equity Group Inc. lifted its position in Walt Disney by 37.7% in the fourth quarter. World Equity Group Inc. now owns 7,778 shares of the entertainment giant’s stock valued at $866,000 after acquiring an additional 2,131 shares during the last quarter. Finally, Delta Financial Group Inc. purchased a new stake in Walt Disney in the fourth quarter valued at $1,615,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Price Performance

Shares of DIS stock opened at $111.18 on Tuesday. The firm has a market cap of $200.99 billion, a P/E ratio of 36.22, a P/E/G ratio of 1.80 and a beta of 1.42. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The firm has a fifty day moving average of $110.68 and a two-hundred day moving average of $102.75.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data 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 net margin of 6.07% and a return on equity of 9.95%. As a group, research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were given a $0.50 dividend. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. The ex-dividend date was Monday, December 16th. Walt Disney’s dividend payout ratio (DPR) is presently 32.57%.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 8,000 shares of the firm’s 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 transaction, the executive vice president now directly owns 44,055 shares in the company, valued at approximately $5,054,870.70. This trade represents a 15.37 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.16% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Loop Capital boosted their price target on shares of Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Rosenblatt Securities reissued a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a report on Friday, November 15th. Evercore ISI upped their target price on shares of Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Finally, Citigroup reaffirmed a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Six equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $125.44.

Walt Disney 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.