The Walt Disney Company (NYSE:DIS) Shares Bought by Baldwin Wealth Partners LLC MA

Baldwin Wealth Partners LLC MA grew its holdings in shares of The Walt Disney Company (NYSE:DIS) by 10.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,021 shares of the entertainment giant’s stock after purchasing an additional 645 shares during the period. Baldwin Wealth Partners LLC MA’s holdings in Walt Disney were worth $782,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. William B. Walkup & Associates Inc. acquired a new position in shares of Walt Disney during the 2nd quarter valued at $32,000. Cedar Mountain Advisors LLC grew its holdings in Walt Disney by 38.1% during the fourth quarter. Cedar Mountain Advisors LLC now owns 399 shares of the entertainment giant’s stock worth $44,000 after acquiring an additional 110 shares during the period. Friedenthal Financial bought a new stake in Walt Disney in the fourth quarter worth about $49,000. First PREMIER Bank lifted its holdings in Walt Disney by 98.1% in the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after acquiring an additional 256 shares during the last quarter. Finally, Retirement Wealth Solutions LLC bought a new position in shares of Walt Disney during the 4th quarter valued at about $50,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Brent Woodford sold 5,000 shares of Walt Disney stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total value of $568,100.00. Following the transaction, the executive vice president now owns 44,055 shares of the company’s stock, valued at $5,005,529.10. This trade represents a 10.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Robert A. Iger sold 372,412 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the sale, the chief executive officer now directly owns 226,767 shares of the company’s stock, valued at approximately $25,980,695.19. This represents a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 385,412 shares of company stock valued at $44,153,263 over the last quarter. Insiders own 0.10% of the company’s stock.

Walt Disney Stock Up 0.9 %

Shares of Walt Disney stock opened at $113.18 on Tuesday. The firm has a market cap of $204.97 billion, a price-to-earnings ratio of 41.76, a P/E/G ratio of 1.95 and a beta of 1.43. The stock has a 50-day simple moving average of $112.46 and a 200-day simple moving average of $100.11. The Walt Disney Company has a 52-week low of $83.91 and a 52-week 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.

Walt Disney (NYSE:DIS) last posted its earnings results on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $22.49 billion. During the same period in the previous year, the company earned $0.82 earnings per share. The company’s revenue was up 6.3% compared to the same quarter last year. On average, equities research analysts expect that The Walt Disney Company will post 5.41 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, December 16th were issued a dividend of $0.50 per share. This is a positive change from Walt Disney’s previous semi-annual dividend of $0.45. This represents a yield of 0.6%. The ex-dividend date was Monday, December 16th. Walt Disney’s dividend payout ratio (DPR) is 36.90%.

Analysts Set New Price Targets

DIS has been the topic of a number of research reports. Bank of America increased their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Wells Fargo & Company increased their price objective on Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Piper Sandler began coverage on Walt Disney in a research note on Wednesday, October 16th. They set a “neutral” rating and a $95.00 price objective for the company. Macquarie reaffirmed a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Finally, Jefferies Financial Group assumed coverage on Walt Disney in a research note on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price target on the stock. Five analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.52.

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.