Tiller Private Wealth Inc. Purchases 956 Shares of The Walt Disney Company (NYSE:DIS)

Tiller Private Wealth Inc. raised its position in The Walt Disney Company (NYSE:DIS) by 13.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,205 shares of the entertainment giant’s stock after acquiring an additional 956 shares during the quarter. Walt Disney makes up 0.4% of Tiller Private Wealth Inc.’s portfolio, making the stock its 18th biggest holding. Tiller Private Wealth Inc.’s holdings in Walt Disney were worth $741,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Trian Fund Management L.P. grew its position 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 worth $2,663,976,000 after purchasing an additional 26,443,257 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its stake in shares of Walt Disney by 109,924.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 23,666,275 shares of the entertainment giant’s stock worth $2,056,126,000 after acquiring an additional 23,644,765 shares during the last quarter. Norges Bank bought a new stake in shares of Walt Disney during the 4th quarter worth approximately $1,433,075,000. Morgan Stanley lifted its stake in shares of Walt Disney by 13.5% during the 4th quarter. Morgan Stanley now owns 46,172,567 shares of the entertainment giant’s stock worth $4,011,473,000 after acquiring an additional 5,499,014 shares during the last quarter. Finally, First Eagle Investment Management LLC bought a new stake in shares of Walt Disney during the 3rd quarter worth approximately $326,171,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on DIS. JPMorgan Chase & Co. assumed coverage on Walt Disney in a research report on Thursday, April 11th. They set an “overweight” rating and a $140.00 target price for the company. Tigress Financial reaffirmed a “buy” rating and set a $136.00 price target on shares of Walt Disney in a research report on Wednesday, February 21st. Barclays raised Walt Disney from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $95.00 to $135.00 in a research report on Monday, March 25th. Needham & Company LLC boosted their price objective on Walt Disney from $120.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, March 28th. Finally, UBS Group boosted their price objective on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, March 27th. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $124.54.

Walt Disney Price Performance

Shares of Walt Disney stock traded down $0.51 during trading on Thursday, hitting $112.43. 7,586,320 shares of the company were exchanged, compared to its average volume of 12,101,166. 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 Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74. The stock has a market capitalization of $206.23 billion, a price-to-earnings ratio of 70.39, a P/E/G ratio of 1.65 and a beta of 1.42. The firm has a 50 day moving average price of $113.86 and a 200 day moving average price of $98.25.

Walt Disney (NYSE:DIS) last released 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 during the quarter, compared to analysts’ expectations of $23.71 billion. During the same period in the previous year, the company earned $0.99 EPS. Walt Disney’s revenue for the quarter was down .1% on a year-over-year basis. On average, equities analysts expect 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 announced a semi-annual dividend, which will be paid on Thursday, July 25th. Investors of record on Monday, July 8th will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, July 8th. This represents a dividend yield of 0.5%. Walt Disney’s payout ratio is 18.52%.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the business’s stock in a transaction on 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 in the company, valued at approximately $536,448. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

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.