Creative Capital Management Investments LLC Buys 203 Shares of The Walt Disney Company (NYSE:DIS)

Creative Capital Management Investments LLC grew its stake in shares of The Walt Disney Company (NYSE:DIS) by 18.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,285 shares of the entertainment giant’s stock after buying an additional 203 shares during the quarter. Creative Capital Management Investments LLC’s holdings in Walt Disney were worth $143,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Jennison Associates LLC increased its holdings in Walt Disney by 23.4% in the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock valued at $2,137,637,000 after purchasing an additional 3,636,742 shares during the period. International Assets Investment Management LLC increased its stake in shares of Walt Disney by 12,574.4% in the third quarter. International Assets Investment Management LLC now owns 3,426,393 shares of the entertainment giant’s stock valued at $329,585,000 after buying an additional 3,399,359 shares during the period. FMR LLC lifted its stake in shares of Walt Disney by 8.7% in the third quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock worth $3,310,539,000 after acquiring an additional 2,765,389 shares during the period. Van ECK Associates Corp boosted its holdings in Walt Disney by 114.4% in the third quarter. Van ECK Associates Corp now owns 4,307,794 shares of the entertainment giant’s stock valued at $414,582,000 after acquiring an additional 2,298,921 shares during the last quarter. Finally, Janus Henderson Group PLC increased its position in Walt Disney by 112.0% during the 3rd quarter. Janus Henderson Group PLC now owns 4,142,991 shares of the entertainment giant’s stock valued at $398,508,000 after purchasing an additional 2,188,610 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on DIS shares. Rosenblatt Securities restated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. Jefferies Financial Group assumed coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price target on the stock. Bank of America lifted their price objective on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Sanford C. Bernstein upped their target price on Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday, November 15th. Finally, Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average price target of $125.85.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total value of $917,920.00. Following the completion of the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Robert A. Iger sold 372,412 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $114.57, for a total value of $42,667,242.84. Following the transaction, the chief executive officer now directly 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. Over the last 90 days, insiders sold 385,412 shares of company stock worth $44,153,263. 0.16% of the stock is owned by company insiders.

Walt Disney Stock Up 0.7 %

DIS opened at $110.31 on Tuesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.67. The firm has a market capitalization of $199.42 billion, a P/E ratio of 35.93, a PEG ratio of 1.95 and a beta of 1.42. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company’s 50-day moving average is $111.14 and its 200 day moving average is $101.90.

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, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Research analysts expect that The Walt Disney Company will post 5.43 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were issued a $0.50 dividend. This is an increase 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 32.57%.

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.