2,306 Shares in The Walt Disney Company (NYSE:DIS) Acquired by Francis Financial Inc.

Francis Financial Inc. acquired a new stake in The Walt Disney Company (NYSE:DIS) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 2,306 shares of the entertainment giant’s stock, valued at approximately $208,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in Walt Disney by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 149,887,754 shares of the entertainment giant’s stock valued at $12,148,402,000 after purchasing an additional 994,575 shares during the last quarter. State Street Corp lifted its stake in Walt Disney by 3.5% in the 2nd quarter. State Street Corp now owns 73,142,473 shares of the entertainment giant’s stock valued at $6,530,160,000 after purchasing an additional 2,482,492 shares during the last quarter. Morgan Stanley lifted its stake in Walt Disney by 13.5% in the 4th quarter. Morgan Stanley now owns 46,172,567 shares of the entertainment giant’s stock valued at $4,011,473,000 after purchasing an additional 5,499,014 shares during the last quarter. Trian Fund Management L.P. raised its stake in shares of Walt Disney by 411.6% during the third quarter. Trian Fund Management L.P. now owns 32,868,307 shares of the entertainment giant’s stock valued at $2,663,976,000 after acquiring an additional 26,443,257 shares during the last quarter. Finally, Northern Trust Corp raised its stake in shares of Walt Disney by 10.6% during the third quarter. Northern Trust Corp now owns 24,859,476 shares of the entertainment giant’s stock valued at $2,014,861,000 after acquiring an additional 2,384,407 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 898 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president now owns 1,861 shares in the company, valued at approximately $167,694.71. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company lifted their target price on shares of Walt Disney from $115.00 to $128.00 and gave the stock an “overweight” rating in a research note on Thursday, February 8th. Macquarie lifted their target price on shares of Walt Disney from $94.00 to $104.00 and gave the stock a “neutral” rating in a research note on Thursday, February 8th. Morgan Stanley lifted their target price on shares of Walt Disney from $110.00 to $135.00 and gave the stock an “overweight” rating in a research note on Monday, March 4th. Barclays raised shares of Walt Disney from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $95.00 to $135.00 in a research note on Monday. Finally, Needham & Company LLC lifted their target price on shares of Walt Disney from $120.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday. One analyst has rated the stock with a sell rating, three have issued a hold rating and twenty have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $117.77.

Walt Disney Stock Up 1.1 %

Shares of Walt Disney stock opened at $122.36 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77. The company has a 50-day moving average of $107.28 and a 200 day moving average of $94.53. The firm has a market cap of $224.44 billion, a price-to-earnings ratio of 75.53, a PEG ratio of 1.86 and a beta of 1.41. The Walt Disney Company has a 1 year low of $78.73 and a 1 year high of $123.74.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, beating 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 company had revenue of $23.50 billion for the quarter, compared to the consensus estimate of $23.71 billion. During the same period in the prior year, the firm posted $0.99 EPS. Walt Disney’s revenue for the quarter was down .1% on a year-over-year basis. As a group, 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 firm also recently disclosed 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. This represents a dividend yield of 0.5%. The ex-dividend date is Monday, July 8th. Walt Disney’s dividend payout ratio (DPR) is presently 18.52%.

About Walt Disney

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.