Steigerwald Gordon & Koch Inc. Buys 2,858 Shares of The Walt Disney Company (NYSE:DIS)

Steigerwald Gordon & Koch Inc. lifted its position in The Walt Disney Company (NYSE:DIS) by 2.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,774 shares of the entertainment giant’s stock after buying an additional 2,858 shares during the quarter. Steigerwald Gordon & Koch Inc.’s holdings in Walt Disney were worth $12,223,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in DIS. Edgestream Partners L.P. raised its stake in Walt Disney by 67.3% in the second quarter. Edgestream Partners L.P. now owns 6,486 shares of the entertainment giant’s stock valued at $644,000 after buying an additional 2,610 shares during the period. Canada Pension Plan Investment Board increased its holdings in shares of Walt Disney by 53.8% during the 2nd quarter. Canada Pension Plan Investment Board now owns 1,095,269 shares of the entertainment giant’s stock worth $108,749,000 after acquiring an additional 383,148 shares during the last quarter. Pacer Advisors Inc. raised its stake in Walt Disney by 4.7% in the 2nd quarter. Pacer Advisors Inc. now owns 129,687 shares of the entertainment giant’s stock valued at $12,877,000 after acquiring an additional 5,772 shares during the period. Sei Investments Co. lifted its holdings in Walt Disney by 7.8% during the 2nd quarter. Sei Investments Co. now owns 642,126 shares of the entertainment giant’s stock valued at $63,760,000 after purchasing an additional 46,620 shares during the last quarter. Finally, Boston Research & Management Inc. boosted its position in Walt Disney by 3.7% during the second quarter. Boston Research & Management Inc. now owns 47,479 shares of the entertainment giant’s stock worth $4,714,000 after purchasing an additional 1,690 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Robert A. Iger sold 372,412 shares of Walt Disney stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the transaction, the chief executive officer now owns 226,767 shares in the company, valued at approximately $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Brent Woodford sold 5,000 shares of the stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total value of $568,100.00. Following the completion of the sale, the executive vice president now owns 44,055 shares of the company’s stock, valued at $5,005,529.10. The trade was a 10.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 385,412 shares of company stock valued at $44,153,263 in the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on DIS shares. Seaport Res Ptn raised shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Macquarie reaffirmed a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Raymond James reissued a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. Finally, Evercore ISI boosted their price target on Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Five equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $125.54.

Walt Disney Stock Up 0.6 %

DIS stock opened at $107.07 on Friday. The stock has a market capitalization of $193.90 billion, a P/E ratio of 39.51, a price-to-earnings-growth ratio of 1.94 and a beta of 1.43. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average price of $112.08 and a 200-day moving average price of $99.67. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74.

Walt Disney (NYSE:DIS) last issued its earnings results on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. The firm had revenue of $22.57 billion for the quarter, compared to analyst estimates of $22.49 billion. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. The company’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the business posted $0.82 earnings per share. As a group, equities research analysts anticipate that The Walt Disney Company will post 5.41 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. Investors of record on Monday, December 16th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a yield of 0.6%. This is a positive change from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s payout ratio is currently 36.90%.

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.