The Walt Disney Company (NYSE:DIS) Holdings Raised by Briaud Financial Planning Inc

Briaud Financial Planning Inc boosted its position in The Walt Disney Company (NYSE:DIS) by 4.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,135 shares of the entertainment giant’s stock after purchasing an additional 509 shares during the period. Walt Disney comprises 0.9% of Briaud Financial Planning Inc’s investment portfolio, making the stock its 8th biggest position. Briaud Financial Planning Inc’s holdings in Walt Disney were worth $1,096,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Motley Fool Asset Management LLC grew its position in shares of Walt Disney by 7.1% in the fourth quarter. Motley Fool Asset Management LLC now owns 50,399 shares of the entertainment giant’s stock valued at $4,551,000 after purchasing an additional 3,342 shares during the last quarter. Evolution Advisers Inc. lifted its stake in Walt Disney by 38.2% in the 4th quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock valued at $34,000 after buying an additional 105 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich grew its holdings in Walt Disney by 4.2% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,012,162 shares of the entertainment giant’s stock valued at $91,388,000 after buying an additional 40,469 shares during the last quarter. VCI Wealth Management LLC purchased a new position in Walt Disney during the fourth quarter worth $281,000. Finally, Syon Capital LLC raised its holdings in shares of Walt Disney by 63.7% in the fourth quarter. Syon Capital LLC now owns 7,032 shares of the entertainment giant’s stock worth $635,000 after acquiring an additional 2,737 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DIS has been the subject of a number of recent research reports. Morgan Stanley lifted their price objective on Walt Disney from $110.00 to $135.00 and gave the stock an “overweight” rating in a research report on Monday, March 4th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Walt Disney from $115.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, February 7th. The Goldman Sachs Group decreased their target price on shares of Walt Disney from $125.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, February 8th. Daiwa Capital Markets reissued a “buy” rating and set a $133.00 price target on shares of Walt Disney in a research note on Monday, April 1st. Finally, Wells Fargo & Company raised their price objective on Walt Disney from $128.00 to $141.00 and gave the stock an “overweight” rating in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $125.08.

Walt Disney Stock Down 1.0 %

NYSE DIS traded down $1.18 during trading hours on Thursday, hitting $112.74. The company had a trading volume of 8,033,218 shares, compared to its average volume of 11,853,280. The firm’s 50 day moving average is $114.16 and its 200 day moving average is $99.46. The company has a market capitalization of $206.80 billion, a price-to-earnings ratio of 69.59, a P/E/G ratio of 1.40 and a beta of 1.42. The Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, beating the consensus estimate of $0.97 by $0.25. The business had revenue of $23.50 billion for the quarter, compared to the consensus estimate of $23.71 billion. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The company’s revenue was down .1% on a year-over-year basis. During the same period last year, the business posted $0.99 EPS. Sell-side analysts anticipate that The Walt Disney Company will post 4.66 earnings per share for the current fiscal year.

Walt Disney Cuts Dividend

The business also recently announced a semi-annual dividend, which will be paid on Thursday, July 25th. Stockholders of record on Monday, July 8th will be paid a $0.45 dividend. The ex-dividend date of this dividend is Monday, July 8th. This represents a dividend yield of 0.5%. Walt Disney’s dividend payout ratio (DPR) is presently 18.52%.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the firm’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the transaction, the executive vice president now owns 4,400 shares of the company’s stock, valued at $536,448. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.