Paradigm Asset Management Co. LLC Has $2.31 Million Stock Position in The Walt Disney Company (NYSE:DIS)

Paradigm Asset Management Co. LLC raised its stake in The Walt Disney Company (NYSE:DIS) by 1,280.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,700 shares of the entertainment giant’s stock after buying an additional 19,200 shares during the period. Paradigm Asset Management Co. LLC’s holdings in Walt Disney were worth $2,305,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in DIS. Bay Harbor Wealth Management LLC acquired a new stake in Walt Disney in the fourth quarter valued at approximately $35,000. Hager Investment Management Services LLC acquired a new stake in Walt Disney in the fourth quarter valued at approximately $43,000. Cedar Mountain Advisors LLC boosted its position in Walt Disney by 38.1% in the fourth quarter. Cedar Mountain Advisors LLC now owns 399 shares of the entertainment giant’s stock valued at $44,000 after buying an additional 110 shares in the last quarter. Friedenthal Financial acquired a new stake in Walt Disney in the fourth quarter valued at approximately $49,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in Walt Disney in the fourth quarter valued at approximately $50,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insiders Place Their Bets

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total value of $917,920.00. Following the completion of the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,054,870.70. This represents a 15.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.16% of the stock is currently owned by insiders.

Walt Disney Trading Down 0.7 %

NYSE:DIS opened at $110.52 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The firm has a 50-day moving average of $110.80 and a 200-day moving average of $102.34. The company has a market cap of $199.80 billion, a PE ratio of 36.00, a PEG ratio of 1.81 and a beta of 1.42. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. As a group, equities research analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, December 16th were given a $0.50 dividend. This represents a yield of 0.6%. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. The ex-dividend date was Monday, December 16th. Walt Disney’s dividend payout ratio is presently 32.57%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Bank of America lifted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Evercore ISI lifted their price target on shares of Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Citigroup reiterated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $130.00 price target on shares of Walt Disney in a report on Wednesday, February 5th. Six analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.85.

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.