Rosenberg Matthew Hamilton Acquires 247 Shares of The Walt Disney Company (NYSE:DIS)

Rosenberg Matthew Hamilton grew its holdings in The Walt Disney Company (NYSE:DIS) by 24.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,265 shares of the entertainment giant’s stock after purchasing an additional 247 shares during the period. Rosenberg Matthew Hamilton’s holdings in Walt Disney were worth $141,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. William B. Walkup & Associates Inc. bought a new stake in Walt Disney during the 2nd quarter worth about $32,000. Friedenthal Financial acquired a new stake in shares of Walt Disney in the fourth quarter valued at about $49,000. Birch Capital Management LLC bought a new stake in Walt Disney during the fourth quarter worth about $56,000. First PREMIER Bank grew its stake in Walt Disney by 98.1% in the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after purchasing an additional 256 shares in the last quarter. Finally, FSA Wealth Management LLC acquired a new position in shares of Walt Disney during the 3rd quarter worth approximately $51,000. Institutional investors own 65.71% of the company’s stock.

Insider Activity

In other Walt Disney news, EVP Brent Woodford sold 5,000 shares of the business’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total transaction of $568,100.00. Following the completion of the transaction, the executive vice president now owns 44,055 shares of the company’s stock, valued at approximately $5,005,529.10. The trade was a 10.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Robert A. Iger sold 372,412 shares of the firm’s stock in a transaction that occurred on 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 owns 226,767 shares in the company, valued at approximately $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 385,412 shares of company stock worth $44,153,263. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on DIS shares. Raymond James reissued a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. Rosenblatt Securities lifted their price objective on shares of Walt Disney from $122.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, December 16th. TD Cowen upped their target price on shares of Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a report on Friday, November 15th. Deutsche Bank Aktiengesellschaft lifted their price target on Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Finally, Macquarie restated a “neutral” rating and issued a $110.00 price objective on shares of Walt Disney in a research note on Monday, January 6th. Five equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $125.54.

Walt Disney Trading Down 0.0 %

Shares of NYSE:DIS opened at $108.03 on Wednesday. The business’s 50 day simple moving average is $111.58 and its 200 day simple moving average is $99.51. 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 capitalization of $195.64 billion, a P/E ratio of 39.86, a P/E/G ratio of 2.03 and a beta of 1.43.

Walt Disney (NYSE:DIS) last issued its earnings results on Thursday, November 14th. The entertainment giant reported $1.14 EPS for the quarter, beating the consensus estimate of $1.09 by $0.05. The company had revenue of $22.57 billion during the quarter, compared to analysts’ expectations of $22.49 billion. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.82 EPS. On average, research analysts anticipate that The Walt Disney Company will post 5.41 EPS for the current fiscal year.

Walt Disney Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Thursday, January 16th. Shareholders of record on Monday, December 16th will be issued a $0.50 dividend. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, December 16th. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s dividend payout ratio (DPR) is currently 36.90%.

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.