ORG Partners LLC Boosts Holdings in The Walt Disney Company (NYSE:DIS)

ORG Partners LLC boosted its position in shares of The Walt Disney Company (NYSE:DIS) by 29.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 2,405 shares of the entertainment giant’s stock after purchasing an additional 551 shares during the quarter. ORG Partners LLC’s holdings in Walt Disney were worth $268,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quest Partners LLC raised its stake in shares of Walt Disney by 36,460.0% in the second quarter. Quest Partners LLC now owns 3,656 shares of the entertainment giant’s stock worth $363,000 after purchasing an additional 3,646 shares during the last quarter. Andra AP fonden purchased a new position in Walt Disney in the 2nd quarter worth about $2,730,000. Jupiter Asset Management Ltd. bought a new position in Walt Disney during the 2nd quarter valued at about $15,367,000. Y.D. More Investments Ltd boosted its holdings in shares of Walt Disney by 134.2% during the 2nd quarter. Y.D. More Investments Ltd now owns 1,042 shares of the entertainment giant’s stock valued at $103,000 after acquiring an additional 597 shares during the last quarter. Finally, Achmea Investment Management B.V. grew its stake in shares of Walt Disney by 98.6% in the second quarter. Achmea Investment Management B.V. now owns 32,970 shares of the entertainment giant’s stock worth $3,273,000 after acquiring an additional 16,370 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on DIS shares. Piper Sandler initiated coverage on shares of Walt Disney in a report on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 target price on the stock. Macquarie restated a “neutral” rating and issued a $110.00 price target on shares of Walt Disney in a research note on Monday, January 6th. Rosenblatt Securities upped their price objective on Walt Disney from $122.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Guggenheim raised their target price on Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Finally, Seaport Res Ptn raised shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Five research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average price target of $125.54.

Walt Disney Stock Performance

DIS opened at $108.68 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.67 and a current ratio of 0.73. The stock has a market capitalization of $196.81 billion, a price-to-earnings ratio of 40.10, a PEG ratio of 2.05 and a beta of 1.43. The company has a fifty day moving average of $111.11 and a 200 day moving average of $99.47. 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 issued its quarterly earnings data on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. The firm had revenue of $22.57 billion during the quarter, compared to analyst estimates of $22.49 billion. Walt Disney had a return on equity of 9.21% and a net margin of 5.44%. The business’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.82 earnings per share. As a group, sell-side analysts forecast that The Walt Disney Company will post 5.41 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, January 16th. Stockholders of record on Monday, December 16th will be issued a dividend of $0.50 per share. This represents a dividend yield of 0.6%. This is a boost from Walt Disney’s previous semi-annual dividend of $0.45. The ex-dividend date is Monday, December 16th. Walt Disney’s dividend payout ratio is 36.90%.

Insider Activity

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total transaction of $917,920.00. Following the completion of the transaction, the executive vice president now 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 through this link. Also, CEO Robert A. Iger sold 372,412 shares of the business’s stock in a transaction dated 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 completion of 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 disclosure for this sale can be found here. In the last ninety days, insiders sold 385,412 shares of company stock worth $44,153,263. 0.10% of the stock is currently owned by insiders.

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.