4,000 Shares in The Walt Disney Company (NYSE:DIS) Bought by Thompson Davis & CO. Inc.

Thompson Davis & CO. Inc. bought a new position in shares of The Walt Disney Company (NYSE:DIS) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,000 shares of the entertainment giant’s stock, valued at approximately $361,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of DIS. Planned Solutions Inc. acquired a new position in Walt Disney during the 4th quarter worth $26,000. Fortis Group Advisors LLC acquired a new position in Walt Disney during the 3rd quarter worth $30,000. Stone House Investment Management LLC lifted its holdings in Walt Disney by 355.3% during the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock worth $31,000 after buying an additional 270 shares during the last quarter. Evolution Advisers Inc. lifted its holdings in Walt Disney by 38.2% during the 4th quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock worth $34,000 after buying an additional 105 shares during the last quarter. Finally, Orion Capital Management LLC purchased a new stake in Walt Disney during the 3rd quarter worth about $35,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Walt Disney

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

Wall Street Analyst Weigh In

DIS has been the subject of a number of recent analyst reports. Macquarie lifted their price target on Walt Disney from $94.00 to $104.00 and gave the stock a “neutral” rating in a report on Thursday, February 8th. Raymond James lifted their price target on Walt Disney from $112.00 to $128.00 and gave the stock an “outperform” rating in a report on Tuesday, March 26th. Guggenheim lifted their price target on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, April 3rd. Evercore ISI boosted their target price on Walt Disney from $115.00 to $130.00 and gave the company an “outperform” rating in a report on Monday, April 8th. Finally, JPMorgan Chase & Co. began coverage on Walt Disney in a report on Thursday, April 11th. They issued an “overweight” rating and a $140.00 target price for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $125.08.

Walt Disney Price Performance

Shares of DIS traded down $0.97 on Tuesday, reaching $111.11. The stock had a trading volume of 8,146,340 shares, compared to its average volume of 11,685,459. The firm has a market capitalization of $203.80 billion, a PE ratio of 68.58, a PEG ratio of 1.39 and a beta of 1.42. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39. The firm has a 50-day moving average of $114.22 and a 200 day moving average of $100.25. The Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $123.74.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.25. The business had revenue of $23.50 billion for 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%. The company’s revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.99 EPS. Sell-side analysts expect that The Walt Disney Company will post 4.66 EPS for the current year.

Walt Disney Cuts Dividend

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