Yousif Capital Management LLC Trims Stock Position in The Walt Disney Company (NYSE:DIS)

Yousif Capital Management LLC lessened its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 255,000 shares of the entertainment giant's stock after selling 12,165 shares during the period. Yousif Capital Management LLC's holdings in Walt Disney were worth $23,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in DIS. Planned Solutions Inc. purchased a new stake in Walt Disney in the fourth quarter valued at approximately $26,000. Fortis Group Advisors LLC acquired a new stake in Walt Disney during the 3rd quarter worth $30,000. Stone House Investment Management LLC boosted its stake in 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 purchasing an additional 270 shares during the period. Orion Capital Management LLC purchased a new position in Walt Disney during the 3rd quarter worth $35,000. Finally, Harvest Fund Management Co. Ltd increased its stake in Walt Disney by 15,900.0% in the third quarter. Harvest Fund Management Co. Ltd now owns 480 shares of the entertainment giant's stock valued at $39,000 after purchasing an additional 477 shares during the period. Hedge funds and other institutional investors own 65.71% of the company's stock.

Insider Buying and Selling

In other Walt Disney 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 directly owns 4,400 shares of the company's stock, valued at approximately $536,448. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on DIS shares. Barclays raised Walt Disney from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $95.00 to $135.00 in a report on Monday, March 25th. Morgan Stanley upped their price target on Walt Disney from $110.00 to $135.00 and gave the stock an "overweight" rating in a research note on Monday, March 4th. Argus increased their price target on Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a report on Wednesday, April 10th. The Goldman Sachs Group dropped their price objective on shares of Walt Disney from $125.00 to $120.00 and set a "buy" rating on the stock in a research note on Thursday, February 8th. Finally, Daiwa Capital Markets restated a "buy" rating and issued a $133.00 target price on shares of Walt Disney in a research note on Monday, April 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $125.08.

Walt Disney Price Performance

DIS traded up $1.73 during midday trading on Tuesday, reaching $113.72. 6,830,656 shares of the company's stock were exchanged, compared to its average volume of 11,972,034. The business's 50-day moving average price is $114.10 and its 200 day moving average price is $99.27. The stock has a market capitalization of $208.59 billion, a PE ratio of 70.19, a P/E/G ratio of 1.38 and a beta of 1.42. The Walt Disney Company has a 1-year low of $78.73 and a 1-year high of $123.74. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.25. The firm had revenue of $23.50 billion during the quarter, compared to the consensus estimate of $23.71 billion. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The company's quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.99 EPS. As a group, equities analysts anticipate that The Walt Disney Company will post 4.66 EPS for the current fiscal year.

Walt Disney Cuts Dividend

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

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.

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