The Walt Disney Company (NYSE:DIS) Shares Purchased by Armstrong Fleming & Moore Inc

Armstrong Fleming & Moore Inc grew its holdings in shares of The Walt Disney Company (NYSE:DIS) by 2.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,553 shares of the entertainment giant’s stock after purchasing an additional 172 shares during the period. Armstrong Fleming & Moore Inc’s holdings in Walt Disney were worth $841,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Semanteon Capital Management LP acquired a new position in Walt Disney in the third quarter valued at approximately $611,000. Concord Wealth Partners raised its position in shares of Walt Disney by 19.0% during the 3rd quarter. Concord Wealth Partners now owns 2,751 shares of the entertainment giant’s stock worth $265,000 after purchasing an additional 439 shares during the period. Autumn Glory Partners LLC lifted its holdings in shares of Walt Disney by 31.7% in the 3rd quarter. Autumn Glory Partners LLC now owns 33,567 shares of the entertainment giant’s stock worth $3,229,000 after purchasing an additional 8,085 shares during the last quarter. Orrstown Financial Services Inc. boosted its position in Walt Disney by 72.5% during the 3rd quarter. Orrstown Financial Services Inc. now owns 5,759 shares of the entertainment giant’s stock valued at $554,000 after purchasing an additional 2,420 shares during the period. Finally, Hunter Associates Investment Management LLC grew its stake in Walt Disney by 4.8% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 6,595 shares of the entertainment giant’s stock worth $635,000 after buying an additional 300 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Brent Woodford sold 8,000 shares of Walt Disney stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total value of $917,920.00. Following the transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.16% of the company’s stock.

Walt Disney Stock Down 0.6 %

DIS stock opened at $110.57 on Wednesday. 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 market cap of $199.89 billion, a PE ratio of 36.02, a P/E/G ratio of 1.80 and a beta of 1.42. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The firm has a 50 day simple moving average of $110.63 and a 200 day simple moving average of $102.92.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Equities research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were paid a $0.50 dividend. The ex-dividend date was Monday, December 16th. This represents a yield of 0.6%. This is a boost from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s dividend payout ratio (DPR) is currently 32.57%.

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of recent research reports. Needham & Company LLC reiterated a “buy” rating and issued a $130.00 target price on shares of Walt Disney in a research note on Wednesday, February 5th. Macquarie reiterated a “neutral” rating and issued a $110.00 price objective on shares of Walt Disney in a research report on Monday, January 6th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Evercore ISI raised their price target on shares of Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Finally, Wells Fargo & Company lifted their price target on Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Six investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $125.44.

Walt Disney Company 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.