IFG Advisors LLC Has $529,000 Position in The Walt Disney Company (NYSE:DIS)

IFG Advisors LLC boosted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,753 shares of the entertainment giant’s stock after buying an additional 248 shares during the period. IFG Advisors LLC’s holdings in Walt Disney were worth $529,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Walt Disney in the 4th quarter valued at $154,000. Smartleaf Asset Management LLC boosted its stake in shares of Walt Disney by 28.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 16,362 shares of the entertainment giant’s stock valued at $1,813,000 after purchasing an additional 3,603 shares in the last quarter. Bridges Investment Management Inc. boosted its stake in shares of Walt Disney by 54.6% in the 4th quarter. Bridges Investment Management Inc. now owns 24,682 shares of the entertainment giant’s stock valued at $2,748,000 after purchasing an additional 8,715 shares in the last quarter. Maia Wealth LLC boosted its stake in shares of Walt Disney by 20.7% in the 4th quarter. Maia Wealth LLC now owns 18,468 shares of the entertainment giant’s stock valued at $2,093,000 after purchasing an additional 3,162 shares in the last quarter. Finally, Cape Investment Advisory Inc. boosted its stake in shares of Walt Disney by 18.6% in the 4th quarter. Cape Investment Advisory Inc. now owns 14,467 shares of the entertainment giant’s stock valued at $1,611,000 after purchasing an additional 2,272 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insiders Place Their Bets

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total transaction of $917,920.00. Following the completion of the transaction, the executive vice president now owns 44,055 shares of the company’s stock, valued at $5,054,870.70. This represents a 15.37 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.16% of the company’s stock.

Walt Disney Price Performance

Shares of DIS opened at $113.82 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The stock has a 50 day simple moving average of $110.68 and a 200 day simple moving average of $103.35. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The firm has a market capitalization of $205.77 billion, a PE ratio of 37.08, a P/E/G ratio of 1.80 and a beta of 1.42.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, December 16th were given a dividend of $0.50 per share. The ex-dividend date was Monday, December 16th. This represents a yield of 0.6%. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s dividend payout ratio is 32.57%.

Wall Street Analysts Forecast Growth

DIS has been the topic of several recent analyst reports. Evercore ISI boosted their target price on shares of Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Sanford C. Bernstein boosted their target price on shares of Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, November 15th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Bank of America lifted their price target on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Loop Capital lifted their price target on Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a report on Friday, November 15th. Six research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $125.44.

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.