Chicago Capital LLC Has $1.31 Million Holdings in The Walt Disney Company (NYSE:DIS)

Chicago Capital LLC increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 2.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 11,793 shares of the entertainment giant’s stock after acquiring an additional 239 shares during the period. Chicago Capital LLC’s holdings in Walt Disney were worth $1,313,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Cedar Mountain Advisors LLC boosted 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 valued at $44,000 after acquiring an additional 110 shares during the period. Friedenthal Financial bought a new stake in Walt Disney during the 4th quarter valued at approximately $49,000. First PREMIER Bank grew 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 buying an additional 256 shares during the last quarter. Retirement Wealth Solutions LLC bought a new position in Walt Disney in the 4th quarter worth approximately $50,000. Finally, FSA Wealth Management LLC bought a new stake in shares of Walt Disney in the third quarter valued at approximately $51,000. 65.71% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO Robert A. Iger sold 372,412 shares of the firm’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 owns 226,767 shares of the company’s stock, valued at approximately $25,980,695.19. This trade represents a 62.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Brent Woodford sold 5,000 shares of the business’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total value of $568,100.00. Following the completion of the transaction, the executive vice president now directly 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 disclosure for this sale can be found here. Insiders sold a total of 385,412 shares of company stock valued at $44,153,263 in the last ninety days. 0.16% of the stock is owned by insiders.

Walt Disney Trading Up 0.9 %

DIS stock opened at $114.10 on Tuesday. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74. The company has a market cap of $206.35 billion, a P/E ratio of 42.10, a PEG ratio of 2.02 and a beta of 1.43. The business has a fifty day moving average of $112.34 and a 200-day moving average of $100.66.

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. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. The company had revenue of $22.57 billion during the quarter, compared to analysts’ expectations of $22.49 billion. During the same quarter in the previous year, the company posted $0.82 EPS. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year. As a group, equities research analysts expect that The Walt Disney Company will post 5.41 EPS for the current year.

Walt Disney Increases Dividend

The business also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were given 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 dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, December 16th. Walt Disney’s payout ratio is presently 36.90%.

Wall Street Analyst Weigh In

DIS has been the topic of a number of research reports. Jefferies Financial Group started coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They set a “hold” rating and a $120.00 target price on the stock. Wells Fargo & Company upped their price objective on shares of Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Macquarie reissued a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Bank of America upped their price target on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Guggenheim boosted 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. Five investment 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 company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $125.52.

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.