The Walt Disney Company (NYSE:DIS) Holdings Cut by Lion Street Advisors LLC

Lion Street Advisors LLC cut its stake in shares of The Walt Disney Company (NYSE:DIS) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,503 shares of the entertainment giant’s stock after selling 121 shares during the quarter. Lion Street Advisors LLC’s holdings in Walt Disney were worth $390,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Czech National Bank lifted its stake 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 buying an additional 21,998 shares during the last quarter. Reliant Investment Management LLC increased its holdings in shares of Walt Disney by 1.3% in the 3rd quarter. Reliant Investment Management LLC now owns 41,322 shares of the entertainment giant’s stock worth $3,975,000 after acquiring an additional 535 shares during the period. Leibman Financial Services Inc. lifted its position in Walt Disney by 18.2% in the 3rd quarter. Leibman Financial Services Inc. now owns 44,916 shares of the entertainment giant’s stock valued at $4,320,000 after purchasing an additional 6,918 shares during the last quarter. Trust Co of Kansas boosted its stake in Walt Disney by 2.9% during the 3rd quarter. Trust Co of Kansas now owns 50,537 shares of the entertainment giant’s stock valued at $4,861,000 after purchasing an additional 1,428 shares during the period. Finally, Brookstone Capital Management grew its position in Walt Disney by 10.3% in the 3rd quarter. Brookstone Capital Management now owns 127,544 shares of the entertainment giant’s stock worth $12,268,000 after purchasing an additional 11,864 shares during the last quarter. 65.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. The Goldman Sachs Group lifted their price target on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday. Citigroup reiterated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research report on Wednesday, January 22nd. Macquarie reissued a “neutral” rating and set a $110.00 price target on shares of Walt Disney in a report on Monday, January 6th. Bank of America upped their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Finally, Morgan Stanley raised their target price on shares of Walt Disney from $110.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Six equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and an average target price of $125.65.

Insider Transactions at Walt Disney

In related news, CEO Robert A. Iger sold 372,412 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the transaction, the chief executive officer now owns 226,767 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which is available through the SEC website. Also, EVP Brent Woodford sold 8,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total transaction of $917,920.00. Following the completion of the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 385,412 shares of company stock valued at $44,153,263 in the last three months. Corporate insiders own 0.16% of the company’s stock.

Walt Disney Price Performance

NYSE DIS opened at $110.41 on Thursday. The company has a 50 day simple moving average of $112.26 and a 200-day simple moving average of $100.89. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The firm has a market capitalization of $199.67 billion, a price-to-earnings ratio of 40.74, a price-to-earnings-growth ratio of 2.02 and a beta of 1.42. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.67.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. Equities research analysts predict that The Walt Disney Company will post 5.41 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, December 16th were given 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 was Monday, December 16th. Walt Disney’s dividend payout ratio is presently 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.