Savant Capital LLC Raises Stock Holdings in The Walt Disney Company (NYSE:DIS)

Savant Capital LLC increased its position in The Walt Disney Company (NYSE:DIS) by 5.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,140 shares of the entertainment giant’s stock after acquiring an additional 3,186 shares during the period. Savant Capital LLC’s holdings in Walt Disney were worth $7,253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Farmers Trust Co. raised its stake in shares of Walt Disney by 1.1% during the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock valued at $945,000 after buying an additional 92 shares during the last quarter. Saxon Interests Inc. increased its stake in shares of Walt Disney by 2.8% in the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock valued at $380,000 after purchasing an additional 93 shares in the last quarter. Abundance Wealth Counselors increased its stake in shares of Walt Disney by 1.0% in the 4th quarter. Abundance Wealth Counselors now owns 9,662 shares of the entertainment giant’s stock valued at $1,076,000 after purchasing an additional 94 shares in the last quarter. Bank Hapoalim BM increased its stake in shares of Walt Disney by 2.2% in the 4th quarter. Bank Hapoalim BM now owns 4,539 shares of the entertainment giant’s stock valued at $505,000 after purchasing an additional 96 shares in the last quarter. Finally, Great Diamond Partners LLC increased its stake in shares of Walt Disney by 1.6% in the 4th quarter. Great Diamond Partners LLC now owns 6,105 shares of the entertainment giant’s stock valued at $680,000 after purchasing an additional 98 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Citigroup reiterated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Piper Sandler assumed coverage on Walt Disney in a report on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 price objective on the stock. Rosenblatt Securities reiterated a “buy” rating and issued a $135.00 price objective on shares of Walt Disney in a report on Monday. Evercore ISI boosted their target price on Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Finally, 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. Six equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $125.85.

Insider Buying and Selling at Walt Disney

In related news, 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 sale, the chief executive officer now owns 226,767 shares in the company, valued at approximately $25,980,695.19. This trade represents a 62.15 % 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 this hyperlink. Also, EVP Brent Woodford sold 5,000 shares of Walt Disney stock in a transaction on Wednesday, November 20th. The shares were 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 in the company, valued at approximately $5,005,529.10. This trade represents a 10.19 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 385,412 shares of company stock valued at $44,153,263. Corporate insiders own 0.16% of the company’s stock.

Walt Disney Price Performance

Shares of DIS opened at $109.23 on Tuesday. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a market capitalization of $197.47 billion, a price-to-earnings ratio of 35.58, a price-to-earnings-growth ratio of 1.95 and a beta of 1.42. The firm has a 50-day simple moving average of $111.87 and a 200-day simple moving average of $101.26. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.67 and a current ratio of 0.68.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, equities research analysts anticipate that The Walt Disney Company will post 5.43 earnings per share for the current 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 $0.50 dividend. The ex-dividend date of this dividend was Monday, December 16th. This is a boost from Walt Disney’s previous semi-annual dividend of $0.45. This represents a yield of 0.6%. Walt Disney’s dividend payout ratio (DPR) is 32.57%.

About Walt Disney

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.