SYM FINANCIAL Corp Has $250,000 Stock Holdings in The Walt Disney Company (NYSE:DIS)

SYM FINANCIAL Corp reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 22.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,774 shares of the entertainment giant’s stock after selling 788 shares during the period. SYM FINANCIAL Corp’s holdings in Walt Disney were worth $250,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in Walt Disney by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 149,887,754 shares of the entertainment giant’s stock valued at $12,148,402,000 after acquiring an additional 994,575 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Walt Disney by 0.4% in the third quarter. Morgan Stanley now owns 44,318,444 shares of the entertainment giant’s stock valued at $3,592,010,000 after purchasing an additional 195,512 shares in the last quarter. Trian Fund Management L.P. boosted its position in shares of Walt Disney by 411.6% during the third quarter. Trian Fund Management L.P. now owns 32,868,307 shares of the entertainment giant’s stock worth $2,663,976,000 after buying an additional 26,443,257 shares during the period. Northern Trust Corp grew its holdings in shares of Walt Disney by 10.6% during the third quarter. Northern Trust Corp now owns 24,859,476 shares of the entertainment giant’s stock worth $2,014,861,000 after buying an additional 2,384,407 shares in the last quarter. Finally, Loomis Sayles & Co. L P raised its position in Walt Disney by 21.0% in the 3rd quarter. Loomis Sayles & Co. L P now owns 14,416,343 shares of the entertainment giant’s stock valued at $1,168,444,000 after buying an additional 2,505,486 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Insider Buying and Selling

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the completion of the sale, the executive vice president now directly owns 4,400 shares in the company, valued at approximately $536,448. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.10% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Evercore ISI boosted their price target on shares of Walt Disney from $115.00 to $130.00 and gave the stock an “outperform” rating in a research report on Monday, April 8th. Bank of America raised their price target on Walt Disney from $130.00 to $145.00 and gave the company a “buy” rating in a research note on Monday, April 1st. Barclays raised shares of Walt Disney from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $95.00 to $135.00 in a research report on Monday, March 25th. The Goldman Sachs Group reduced their target price on Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, February 8th. Finally, Rosenblatt Securities raised their price objective on shares of Walt Disney from $129.00 to $137.00 and gave the stock a “buy” rating in a research report on Tuesday, April 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-two have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $125.08.

Walt Disney Price Performance

NYSE:DIS traded up $1.04 during trading hours on Friday, hitting $113.66. The company’s stock had a trading volume of 7,411,112 shares, compared to its average volume of 7,776,801. The Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $123.74. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77. The stock has a fifty day simple moving average of $114.50 and a 200-day simple moving average of $100.60. The company has a market capitalization of $208.49 billion, a P/E ratio of 70.16, a PEG ratio of 1.38 and a beta of 1.40.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, beating analysts’ consensus estimates 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 was down .1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.99 EPS. On average, analysts anticipate that The Walt Disney Company will post 4.67 EPS for the current fiscal year.

Walt Disney Cuts Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, July 25th. Stockholders of record on Monday, July 8th will be given a dividend of $0.45 per share. This represents a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, July 8th. Walt Disney’s dividend payout ratio (DPR) is presently 55.56%.

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.