Duncker Streett & Co. Inc. Sells 308 Shares of The Walt Disney Company (NYSE:DIS)

Duncker Streett & Co. Inc. decreased its position in shares of The Walt Disney Company (NYSE:DIS) by 5.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,820 shares of the entertainment giant’s stock after selling 308 shares during the period. Duncker Streett & Co. Inc.’s holdings in Walt Disney were worth $648,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DIS. FPC Investment Advisory Inc. bought a new stake in Walt Disney during the 4th quarter worth approximately $28,000. Midwest Capital Advisors LLC bought a new stake in shares of Walt Disney during the fourth quarter valued at approximately $34,000. Bay Harbor Wealth Management LLC bought a new stake in shares of Walt Disney during the fourth quarter valued at approximately $35,000. Hager Investment Management Services LLC bought a new stake in shares of Walt Disney during the fourth quarter valued at approximately $43,000. Finally, Cedar Mountain Advisors LLC raised its position in shares of Walt Disney by 38.1% during the fourth quarter. Cedar Mountain Advisors LLC now owns 399 shares of the entertainment giant’s stock valued at $44,000 after buying an additional 110 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on DIS. Jefferies Financial Group began coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price objective on the stock. Prescient Securities reduced their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research report on Friday, November 15th. TD Cowen lifted their price objective on shares of Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a research report on Friday, November 15th. Finally, Needham & Company LLC restated a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a research report on Wednesday, February 5th. Six equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and a consensus price target of $125.44.

Insider Activity

In other news, 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 completion of the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,054,870.70. The trade was a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.16% of the company’s stock.

Walt Disney Stock Up 2.3 %

NYSE DIS opened at $113.82 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a fifty day moving average of $110.68 and a two-hundred day moving average of $103.35. The firm has a market capitalization of $205.77 billion, a price-to-earnings ratio of 37.08, a PEG ratio of 1.80 and a beta of 1.42. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74.

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 6.07% and a return on equity of 9.95%. On average, analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Increases Dividend

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