Bryn Mawr Capital Management LLC Buys 562 Shares of The Walt Disney Company (NYSE:DIS)

Bryn Mawr Capital Management LLC grew its holdings in shares of The Walt Disney Company (NYSE:DIS) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 27,979 shares of the entertainment giant’s stock after buying an additional 562 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Walt Disney were worth $3,115,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Semanteon Capital Management LP acquired a new stake in shares of Walt Disney during the third quarter worth $611,000. Concord Wealth Partners increased its position in shares of Walt Disney by 19.0% during the third quarter. Concord Wealth Partners now owns 2,751 shares of the entertainment giant’s stock worth $265,000 after purchasing an additional 439 shares in the last quarter. Autumn Glory Partners LLC raised its position in shares of Walt Disney by 31.7% in the third quarter. Autumn Glory Partners LLC now owns 33,567 shares of the entertainment giant’s stock valued at $3,229,000 after buying an additional 8,085 shares during the last quarter. Orrstown Financial Services Inc. boosted its holdings in shares of Walt Disney by 72.5% during the 3rd quarter. Orrstown Financial Services Inc. now owns 5,759 shares of the entertainment giant’s stock worth $554,000 after purchasing an additional 2,420 shares during the last quarter. Finally, Hunter Associates Investment Management LLC raised its position in shares of Walt Disney by 4.8% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 6,595 shares of the entertainment giant’s stock valued at $635,000 after buying an additional 300 shares during the period. Institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on DIS. Bank of America boosted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Prescient Securities lowered their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, February 4th. Macquarie restated a “neutral” rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Morgan Stanley boosted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Finally, The Goldman Sachs Group raised 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, February 4th. Six equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $125.44.

Insider Activity at Walt Disney

In other news, EVP Brent Woodford sold 8,000 shares of Walt Disney stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total value of $917,920.00. Following the sale, the executive vice president now directly owns 44,055 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.16% of the stock is currently owned by insiders.

Walt Disney Stock Performance

Walt Disney stock opened at $110.57 on Wednesday. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. The company’s 50-day moving average is $110.63 and its two-hundred day moving average is $102.92. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The company has a market cap of $199.89 billion, a PE ratio of 36.02, a PEG ratio of 1.80 and a beta of 1.42.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Equities analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Increases Dividend

The firm also recently declared 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. The ex-dividend date was Monday, December 16th. This represents a dividend yield of 0.6%. This is a positive change from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s dividend payout ratio (DPR) is currently 32.57%.

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.