The Walt Disney Company (NYSE:DIS) Shares Bought by Apollon Financial LLC

Apollon Financial LLC increased its position in The Walt Disney Company (NYSE:DIS) by 66.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,937 shares of the entertainment giant’s stock after acquiring an additional 2,374 shares during the period. Apollon Financial LLC’s holdings in Walt Disney were worth $661,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Vest Financial LLC increased its stake in shares of Walt Disney by 14.3% in the fourth quarter. Vest Financial LLC now owns 7,489 shares of the entertainment giant’s stock valued at $834,000 after purchasing an additional 935 shares during the period. Tenon Financial LLC bought a new position in Walt Disney in the 4th quarter worth approximately $235,000. Joel Isaacson & Co. LLC increased its position in Walt Disney by 13.2% in the 4th quarter. Joel Isaacson & Co. LLC now owns 28,013 shares of the entertainment giant’s stock valued at $3,119,000 after acquiring an additional 3,272 shares during the period. Northstar Group Inc. raised its stake in Walt Disney by 8.4% during the 4th quarter. Northstar Group Inc. now owns 30,954 shares of the entertainment giant’s stock valued at $3,447,000 after acquiring an additional 2,406 shares in the last quarter. Finally, Lecap Asset Management Ltd. acquired a new position in Walt Disney during the 4th quarter worth $469,000. 65.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Walt Disney

In other news, EVP Brent Woodford sold 5,000 shares of Walt Disney 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 sale, the executive vice president now directly owns 44,055 shares in the company, valued at $5,005,529.10. The trade was a 10.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Robert A. Iger sold 372,412 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total value of $42,667,242.84. Following the completion of the transaction, the chief executive officer now owns 226,767 shares in the company, valued at $25,980,695.19. This represents a 62.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 385,412 shares of company stock worth $44,153,263 over the last 90 days. 0.16% of the stock is currently owned by corporate insiders.

Walt Disney Price Performance

Shares of DIS opened at $110.83 on Friday. 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 $200.43 billion, a price-to-earnings ratio of 40.90, a P/E/G ratio of 2.02 and a beta of 1.42. The business’s 50-day moving average is $112.00 and its 200-day moving average is $101.07. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. Equities research analysts expect that The Walt Disney Company will post 5.41 EPS for the current fiscal year.

Walt Disney Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were given a dividend of $0.50 per share. This is a boost from Walt Disney’s previous semi-annual dividend of $0.45. The ex-dividend date was Monday, December 16th. This represents a yield of 0.6%. Walt Disney’s dividend payout ratio (DPR) is presently 32.57%.

Analyst Ratings Changes

DIS has been the subject of a number of recent analyst reports. Macquarie reiterated a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Sanford C. Bernstein boosted their target price on Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, November 15th. The Goldman Sachs Group increased their price target on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday. Wells Fargo & Company upped their price objective on Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Finally, Loop Capital lifted their target price on Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Six analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and an average price target of $125.85.

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.