Xponance Inc. Has $22.49 Million Stock Position in The Walt Disney Company (NYSE:DIS)

Xponance Inc. boosted its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 8.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 249,095 shares of the entertainment giant's stock after buying an additional 18,827 shares during the quarter. Xponance Inc.'s holdings in Walt Disney were worth $22,491,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the business. Planned Solutions Inc. purchased a new position in shares of Walt Disney in the 4th quarter valued at $26,000. Dark Forest Capital Management LP bought a new position in shares of Walt Disney in the 1st quarter worth about $28,000. Worth Asset Management LLC bought a new stake in Walt Disney in the 1st quarter valued at about $29,000. Fortis Group Advisors LLC bought a new stake in Walt Disney in the 3rd quarter valued at about $30,000. Finally, Stone House Investment Management LLC raised its position in shares of Walt Disney by 355.3% during the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant's stock worth $31,000 after buying an additional 270 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on DIS shares. Argus lifted their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a research note on Wednesday, April 10th. UBS Group boosted their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research note on Wednesday, March 27th. JPMorgan Chase & Co. assumed coverage on shares of Walt Disney in a report on Thursday, April 11th. They issued an "overweight" rating and a $140.00 price target for the company. Macquarie increased their price target on shares of Walt Disney from $94.00 to $104.00 and gave the company a "neutral" rating in a report on Thursday, February 8th. Finally, Tigress Financial reissued a "buy" rating and issued a $136.00 price target on shares of Walt Disney in a report on Wednesday, February 21st. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $124.54.

Walt Disney Stock Performance

Shares of NYSE DIS traded down $0.51 during midday trading on Thursday, hitting $112.43. The company's stock had a trading volume of 7,580,403 shares, compared to its average volume of 12,137,087. The stock has a fifty day moving average price of $113.90 and a 200 day moving average price of $98.35. The Walt Disney Company has a one year low of $78.73 and a one year high of $123.74. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $206.23 billion, a price-to-earnings ratio of 69.40, a P/E/G ratio of 1.65 and a beta of 1.42.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, topping analysts' consensus estimates of $0.97 by $0.25. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The business had revenue of $23.50 billion during the quarter, compared to analysts' expectations of $23.71 billion. During the same quarter in the previous year, the company earned $0.99 EPS. The business's quarterly revenue was down .1% compared to the same quarter last year. On average, research analysts forecast that The Walt Disney Company will post 4.66 EPS for the current fiscal year.

Walt Disney Cuts Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, July 25th. Investors of record on Monday, July 8th will be given a dividend of $0.45 per share. This represents a yield of 0.5%. The ex-dividend date is Monday, July 8th. Walt Disney's dividend payout ratio (DPR) is 18.52%.

Insider Activity at Walt Disney

In other news, EVP Sonia L. Coleman sold 1,857 shares of the firm's stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $121.92, for a total transaction of $226,405.44. Following the sale, the executive vice president now owns 4,400 shares of the company's stock, valued at approximately $536,448. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.10% of the stock is currently owned by insiders.

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.