The Walt Disney Company (NYSE:DIS) Shares Sold by Moser Wealth Advisors LLC

Moser Wealth Advisors LLC trimmed its stake in shares of The Walt Disney Company (NYSE:DIS) by 46.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 465 shares of the entertainment giant’s stock after selling 400 shares during the quarter. Moser Wealth Advisors LLC’s holdings in Walt Disney were worth $52,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Farmers Trust Co. lifted its stake in Walt Disney by 1.1% in the fourth quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock worth $945,000 after acquiring an additional 92 shares during the last quarter. Saxon Interests Inc. raised its stake in Walt Disney by 2.8% in the fourth quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock valued at $380,000 after buying an additional 93 shares in the last quarter. Abundance Wealth Counselors lifted its holdings in Walt Disney by 1.0% during the 4th quarter. Abundance Wealth Counselors now owns 9,662 shares of the entertainment giant’s stock worth $1,076,000 after buying an additional 94 shares during the last quarter. Bank Hapoalim BM increased its holdings in shares of Walt Disney by 2.2% in the 4th quarter. Bank Hapoalim BM now owns 4,539 shares of the entertainment giant’s stock valued at $505,000 after acquiring an additional 96 shares during the last quarter. Finally, Great Diamond Partners LLC raised its position in shares of Walt Disney by 1.6% during the 4th quarter. Great Diamond Partners LLC now owns 6,105 shares of the entertainment giant’s stock worth $680,000 after acquiring an additional 98 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on DIS shares. Loop Capital increased their price target on shares of Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, November 15th. TD Cowen upped their price objective on shares of Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a research note on Friday, November 15th. Piper Sandler started coverage on Walt Disney in a research report on Wednesday, October 16th. They set a “neutral” rating and a $95.00 target price on the stock. The Goldman Sachs Group raised their price target on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Finally, Macquarie reissued a “neutral” rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $125.85.

Insider Buying and Selling at Walt Disney

In other news, CEO Robert A. Iger sold 372,412 shares of Walt Disney stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the completion of the sale, the chief executive officer now directly owns 226,767 shares in the company, valued at $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Brent Woodford sold 8,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total value 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 trade represents a 15.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 385,412 shares of company stock worth $44,153,263. 0.16% of the stock is owned by corporate insiders.

Walt Disney Stock Down 1.1 %

Shares of NYSE DIS opened at $110.83 on Friday. The stock has a market capitalization of $200.36 billion, a price-to-earnings ratio of 36.10, a price-to-earnings-growth ratio of 1.95 and a beta of 1.42. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The firm has a 50-day moving average price of $111.87 and a 200 day moving average price of $101.14. The company has a quick ratio of 0.67, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping 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%. Equities research analysts anticipate that The Walt Disney Company will post 5.43 EPS for the current fiscal year.

Walt Disney Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were given a $0.50 dividend. The ex-dividend date of this dividend was Monday, December 16th. This is a positive change from Walt Disney’s previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. Walt Disney’s payout ratio is currently 32.57%.

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.