The Walt Disney Company (NYSE:DIS) EVP Brent Woodford Sells 8,000 Shares

The Walt Disney Company (NYSE:DIS) 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 transaction of $917,920.00. Following the transaction, the executive vice president now owns 44,055 shares in the company, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Brent Woodford also recently made the following trade(s):

• On Wednesday, November 20th, Brent Woodford sold 5,000 shares of Walt Disney stock. The shares were sold at an average price of $113.62, for a total transaction of $568,100.00.

Walt Disney Price Performance

Shares of DIS stock opened at $113.34 on Friday. The stock’s 50-day moving average is $104.68 and its 200 day moving average is $98.12. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.67. The company has a market cap of $205.25 billion, a P/E ratio of 41.82, a PEG ratio of 2.05 and a beta of 1.42.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.05. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. The firm had revenue of $22.57 billion for the quarter, compared to the consensus estimate of $22.49 billion. During the same quarter in the previous year, the firm earned $0.82 EPS. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. Research analysts predict that The Walt Disney Company will post 5.41 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Thursday, January 16th. Stockholders of record on Monday, December 16th will be given a dividend of $0.50 per share. The ex-dividend date is Monday, December 16th. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. Walt Disney’s dividend payout ratio is presently 36.90%.

Institutional Trading of Walt Disney

A number of institutional investors have recently made changes to their positions in DIS. William B. Walkup & Associates Inc. acquired a new stake in Walt Disney in the second quarter worth about $32,000. Mascoma Wealth Management LLC raised its position in shares of Walt Disney by 38.0% in the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after purchasing an additional 122 shares during the last quarter. First PREMIER Bank boosted its stake in Walt Disney by 98.1% in the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after purchasing an additional 256 shares in the last quarter. FSA Wealth Management LLC purchased a new stake in Walt Disney during the 3rd quarter worth approximately $51,000. Finally, Iron Horse Wealth Management LLC raised its holdings in shares of Walt Disney by 148.7% in the second quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock worth $55,000 after buying an additional 333 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Macquarie boosted their target price on Walt Disney from $91.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Evercore ISI boosted their price objective on Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Needham & Company LLC upped their price objective on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Loop Capital lifted their target price on Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Finally, Sanford C. Bernstein upped their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, November 15th. Six research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus target price of $123.67.

Walt Disney Company 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.