Steigerwald Gordon & Koch Inc. Has $10.12 Million Position in The Walt Disney Company (NYSE:DIS)

Steigerwald Gordon & Koch Inc. reduced its position in shares of The Walt Disney Company (NYSE:DISFree Report) by 6.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 112,103 shares of the entertainment giant’s stock after selling 8,119 shares during the period. Steigerwald Gordon & Koch Inc.’s holdings in Walt Disney were worth $10,122,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in DIS. Carolinas Wealth Consulting LLC raised its holdings in Walt Disney by 2.9% in the 1st quarter. Carolinas Wealth Consulting LLC now owns 3,575 shares of the entertainment giant’s stock valued at $490,000 after acquiring an additional 100 shares in the last quarter. Compton Capital Management Inc. RI raised its holdings in Walt Disney by 0.5% in the 1st quarter. Compton Capital Management Inc. RI now owns 20,689 shares of the entertainment giant’s stock valued at $2,838,000 after acquiring an additional 100 shares in the last quarter. Linscomb & Williams Inc. raised its holdings in Walt Disney by 1.9% in the 1st quarter. Linscomb & Williams Inc. now owns 5,582 shares of the entertainment giant’s stock valued at $766,000 after acquiring an additional 106 shares in the last quarter. Apexium Financial LP raised its holdings in Walt Disney by 1.3% in the 2nd quarter. Apexium Financial LP now owns 8,851 shares of the entertainment giant’s stock valued at $790,000 after acquiring an additional 113 shares in the last quarter. Finally, First Business Financial Services Inc. raised its holdings in Walt Disney by 0.7% in the 3rd quarter. First Business Financial Services Inc. now owns 16,514 shares of the entertainment giant’s stock valued at $1,338,000 after acquiring an additional 113 shares in the last quarter. 61.17% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Sonia L. Coleman sold 898 shares of the business’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $90.11, for a total transaction of $80,918.78. Following the completion of the transaction, the executive vice president now directly owns 1,861 shares in the company, valued at approximately $167,694.71. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Barclays raised Walt Disney from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $95.00 to $135.00 in a report on Monday. Deutsche Bank Aktiengesellschaft lowered their price target on Walt Disney from $115.00 to $110.00 and set a “buy” rating for the company in a report on Wednesday, February 7th. Needham & Company LLC raised Walt Disney from a “hold” rating to a “buy” rating and set a $120.00 price target for the company in a report on Thursday, February 8th. Rosenblatt Securities reduced their price objective on Walt Disney from $114.00 to $112.00 and set a “buy” rating on the stock in a research report on Friday, December 22nd. Finally, Macquarie boosted their price objective on Walt Disney from $94.00 to $104.00 and gave the stock a “neutral” rating in a research report on Thursday, February 8th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty have issued a buy rating to the company. According to data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.05.

Check Out Our Latest Stock Analysis on DIS

Walt Disney Price Performance

Walt Disney stock opened at $119.37 on Tuesday. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $119.41. The company’s 50 day moving average price is $105.54 and its two-hundred day moving average price is $93.80. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39. The stock has a market cap of $218.96 billion, a P/E ratio of 73.69, a P/E/G ratio of 1.79 and a beta of 1.41.

Walt Disney (NYSE:DISGet Free Report) last posted its earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, topping the consensus estimate of $0.97 by $0.25. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The firm had revenue of $23.50 billion for the quarter, compared to analysts’ expectations of $23.71 billion. During the same quarter last year, the firm earned $0.99 EPS. The company’s quarterly revenue was down .1% compared to the same quarter last year. On average, equities analysts predict that The Walt Disney Company will post 4.62 earnings per share for the current year.

Walt Disney Cuts Dividend

The company also recently declared a semi-annual dividend, which will be paid on Thursday, July 25th. Stockholders of record on Monday, July 8th will be given a dividend of $0.45 per share. The ex-dividend date is Monday, July 8th. This represents a dividend yield of 0.5%. Walt Disney’s dividend payout ratio (DPR) is currently 55.56%.

Walt Disney Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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