Gleason Group Inc. Has $758,000 Position in The Walt Disney Company (NYSE:DIS)

Gleason Group Inc. grew its holdings in The Walt Disney Company (NYSE:DIS) by 29.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 8,394 shares of the entertainment giant’s stock after acquiring an additional 1,896 shares during the period. Gleason Group Inc.’s holdings in Walt Disney were worth $758,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Van Strum & Towne Inc. lifted its stake in shares of Walt Disney by 0.4% during the fourth quarter. Van Strum & Towne Inc. now owns 50,745 shares of the entertainment giant’s stock valued at $4,582,000 after acquiring an additional 210 shares during the period. LifeSteps Financial Inc. lifted its stake in shares of Walt Disney by 7.0% during the fourth quarter. LifeSteps Financial Inc. now owns 4,666 shares of the entertainment giant’s stock valued at $421,000 after acquiring an additional 306 shares during the period. Atlas Brown Inc. lifted its stake in shares of Walt Disney by 2.4% during the fourth quarter. Atlas Brown Inc. now owns 19,581 shares of the entertainment giant’s stock valued at $1,768,000 after acquiring an additional 450 shares during the period. Winch Advisory Services LLC lifted its stake in shares of Walt Disney by 1.5% during the fourth quarter. Winch Advisory Services LLC now owns 18,143 shares of the entertainment giant’s stock valued at $1,638,000 after acquiring an additional 275 shares during the period. Finally, Caprock Group LLC lifted its stake in shares of Walt Disney by 10.1% during the fourth quarter. Caprock Group LLC now owns 52,357 shares of the entertainment giant’s stock valued at $4,743,000 after acquiring an additional 4,796 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insider Activity at Walt Disney

In related news, EVP Sonia L. Coleman sold 898 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $90.11, for a total transaction of $80,918.78. Following the completion of the transaction, the executive vice president now directly owns 1,861 shares of the company’s stock, valued at $167,694.71. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.10% of the company’s stock.

Walt Disney Stock Up 1.1 %

Shares of DIS stock traded up $1.38 on Friday, hitting $122.36. 15,367,421 shares of the stock were exchanged, compared to its average volume of 10,777,911. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $224.44 billion, a P/E ratio of 75.53, a price-to-earnings-growth ratio of 1.86 and a beta of 1.41. The business has a 50-day moving average of $107.88 and a 200 day moving average of $94.72. The Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.25. The company had revenue of $23.50 billion during the quarter, compared to analysts’ expectations of $23.71 billion. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. Walt Disney’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.99 earnings per share. Equities analysts anticipate that The Walt Disney Company will post 4.66 EPS for the current year.

Walt Disney Cuts Dividend

The business also recently declared a semi-annual dividend, which will be paid on Thursday, July 25th. Investors of record on Monday, July 8th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, July 8th. This represents a yield of 0.5%. Walt Disney’s dividend payout ratio (DPR) is presently 18.52%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DIS. Deutsche Bank Aktiengesellschaft cut their price target on Walt Disney from $115.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, February 7th. The Goldman Sachs Group dropped their price objective on Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, February 8th. UBS Group upped their price objective on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday. Barclays upgraded Walt Disney from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $95.00 to $135.00 in a report on Monday. Finally, Macquarie upped their price objective on Walt Disney from $94.00 to $104.00 and gave the company a “neutral” rating in a report on Thursday, February 8th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $117.77.

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.