Stillwater Capital Advisors LLC Boosts Stock Holdings in Walt Disney Co (NYSE:DIS)

Stillwater Capital Advisors LLC boosted its position in Walt Disney Co (NYSE:DIS) by 1.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 77,186 shares of the entertainment giant’s stock after purchasing an additional 956 shares during the period. Walt Disney comprises about 2.5% of Stillwater Capital Advisors LLC’s portfolio, making the stock its 18th biggest holding. Stillwater Capital Advisors LLC’s holdings in Walt Disney were worth $11,163,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in DIS. Sunbelt Securities Inc. grew its holdings in Walt Disney by 1,052.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 25,999 shares of the entertainment giant’s stock valued at $3,388,000 after buying an additional 23,744 shares in the last quarter. Adams Diversified Equity Fund Inc. grew its position in Walt Disney by 103.6% in the third quarter. Adams Diversified Equity Fund Inc. now owns 140,100 shares of the entertainment giant’s stock worth $18,258,000 after acquiring an additional 71,300 shares in the last quarter. Foundations Investment Advisors LLC bought a new position in Walt Disney in the third quarter valued at $234,000. New York State Teachers Retirement System increased its stake in Walt Disney by 0.4% in the third quarter. New York State Teachers Retirement System now owns 2,620,674 shares of the entertainment giant’s stock valued at $341,526,000 after acquiring an additional 11,718 shares during the last quarter. Finally, Riggs Asset Managment Co. Inc. increased its stake in Walt Disney by 69.6% in the third quarter. Riggs Asset Managment Co. Inc. now owns 47,347 shares of the entertainment giant’s stock valued at $6,170,000 after acquiring an additional 19,426 shares during the last quarter. 64.29% of the stock is owned by institutional investors and hedge funds.

In other news, EVP Brent Woodford sold 4,000 shares of the stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $149.00, for a total transaction of $596,000.00. Following the sale, the executive vice president now owns 36,479 shares in the company, valued at $5,435,371. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Alan N. Braverman sold 1,113 shares of the stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of $146.32, for a total transaction of $162,854.16. Following the sale, the executive vice president now owns 102,789 shares in the company, valued at approximately $15,040,086.48. The disclosure for this sale can be found here. In the last 90 days, insiders sold 18,837 shares of company stock worth $2,759,138. Corporate insiders own 0.36% of the company’s stock.

A number of research firms have recently issued reports on DIS. Imperial Capital reiterated a “hold” rating and issued a $143.00 price objective on shares of Walt Disney in a report on Tuesday, December 10th. Credit Suisse Group set a $163.00 price objective on Walt Disney and gave the company a “buy” rating in a report on Wednesday, November 13th. Loop Capital boosted their target price on Walt Disney from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Consumer Edge initiated coverage on Walt Disney in a research report on Monday, November 25th. They issued an “overweight” rating and a $175.00 target price for the company. Finally, Argus upped their target price on Walt Disney from $143.00 to $160.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Seven equities research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $154.18.

Shares of DIS stock opened at $143.56 on Wednesday. Walt Disney Co has a 12 month low of $107.32 and a 12 month high of $153.41. The stock has a market cap of $260.55 billion, a PE ratio of 20.63, a price-to-earnings-growth ratio of 5.68 and a beta of 1.00. The company has a current ratio of 0.90, a quick ratio of 0.84 and a debt-to-equity ratio of 0.41. The company’s fifty day moving average price is $145.95 and its 200-day moving average price is $139.75.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.95 by $0.12. Walt Disney had a net margin of 15.89% and a return on equity of 11.38%. The company had revenue of $19.10 billion during the quarter, compared to analyst estimates of $19.02 billion. During the same period last year, the business earned $1.48 EPS. Walt Disney’s quarterly revenue was up 33.6% compared to the same quarter last year. On average, sell-side analysts forecast that Walt Disney Co will post 5.34 earnings per share for the current fiscal year.

The firm also recently disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, December 16th were issued a $0.88 dividend. This represents a yield of 1.2%. The ex-dividend date of this dividend was Friday, December 13th. Walt Disney’s dividend payout ratio (DPR) is presently 30.50%.

Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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