The Walt Disney Company (NYSE:DIS) Shares Sold by Valley Brook Capital Group Inc.

Valley Brook Capital Group Inc. lessened its holdings in The Walt Disney Company (NYSE:DIS) by 6.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 9,562 shares of the entertainment giant’s stock after selling 688 shares during the period. Valley Brook Capital Group Inc.’s holdings in Walt Disney were worth $863,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Barclays upgraded Walt Disney from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $95.00 to $135.00 in a research report on Monday, March 25th. Raymond James boosted their price target on Walt Disney from $112.00 to $128.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 26th. UBS Group raised their price target on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, March 27th. Evercore ISI upped their price objective on shares of Walt Disney from $115.00 to $130.00 and gave the stock an “outperform” rating in a report on Monday, April 8th. Finally, Wells Fargo & Company raised their target price on shares of Walt Disney from $128.00 to $141.00 and gave the company an “overweight” rating in a research note on Tuesday, April 23rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-two have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $125.08.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the transaction, the executive vice president now owns 4,400 shares in the company, valued at approximately $536,448. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.10% of the company’s stock.

Walt Disney Trading Up 0.9 %

Shares of DIS traded up $1.04 during midday trading on Friday, hitting $113.66. The 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 fifty-two week low of $78.73 and a fifty-two week high of $123.74. The business has a 50-day simple moving average of $114.50 and a two-hundred day simple moving average of $100.81. 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 cap of $208.49 billion, a P/E ratio of 70.16, a price-to-earnings-growth ratio of 1.39 and a beta of 1.40.

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 firm had revenue of $23.50 billion for the quarter, compared to analysts’ expectations of $23.71 billion. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The company’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.99 EPS. As a group, equities analysts forecast that The Walt Disney Company will post 4.7 EPS for the current year.

Walt Disney Cuts Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Thursday, July 25th. Shareholders 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 payout ratio is presently 18.52%.

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.