Gulf International Bank UK Ltd Decreases Holdings in The Walt Disney Company (NYSE:DIS)

Gulf International Bank UK Ltd reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 1.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 142,515 shares of the entertainment giant’s stock after selling 1,570 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Walt Disney were worth $15,869,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Hunter Associates Investment Management LLC boosted its holdings in shares of Walt Disney by 4.8% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 6,595 shares of the entertainment giant’s stock valued at $635,000 after buying an additional 300 shares in the last quarter. Integrated Advisors Network LLC boosted its holdings in shares of Walt Disney by 2.7% during the 3rd quarter. Integrated Advisors Network LLC now owns 21,337 shares of the entertainment giant’s stock valued at $2,052,000 after buying an additional 558 shares in the last quarter. Valmark Advisers Inc. boosted its holdings in shares of Walt Disney by 10.3% during the 3rd quarter. Valmark Advisers Inc. now owns 10,435 shares of the entertainment giant’s stock valued at $1,004,000 after buying an additional 971 shares in the last quarter. Jacobsen Capital Management boosted its holdings in shares of Walt Disney by 6.9% during the 3rd quarter. Jacobsen Capital Management now owns 2,480 shares of the entertainment giant’s stock valued at $239,000 after buying an additional 159 shares in the last quarter. Finally, Mutual Advisors LLC boosted its holdings in shares of Walt Disney by 2.7% during the 3rd quarter. Mutual Advisors LLC now owns 83,951 shares of the entertainment giant’s stock valued at $8,009,000 after buying an additional 2,188 shares in the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Trading Up 1.2 %

Shares of NYSE:DIS opened at $111.82 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The business’s 50-day moving average is $110.64 and its 200 day moving average is $103.10. The firm has a market capitalization of $202.14 billion, a P/E ratio of 36.42, a P/E/G ratio of 1.80 and a beta of 1.42. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74.

Walt Disney (NYSE:DIS) last issued 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%. On average, research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

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

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total transaction of $917,920.00. Following the transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,054,870.70. This trade represents a 15.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.16% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on DIS shares. Prescient Securities dropped their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Wells Fargo & Company upped their price target on shares of Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. TD Cowen upped their price target on shares of Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a research note on Friday, November 15th. Morgan Stanley upped their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Finally, Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their price target for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Six investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and an average price target 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.