Teamwork Financial Advisors LLC Sells 755 Shares of The Walt Disney Company (NYSE:DIS)

Teamwork Financial Advisors LLC lowered its stake in The Walt Disney Company (NYSE:DIS) by 22.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,683 shares of the entertainment giant’s stock after selling 755 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in Walt Disney were worth $242,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in DIS. Compton Capital Management Inc. RI grew its holdings in Walt Disney by 0.5% during the 1st quarter. Compton Capital Management Inc. RI now owns 20,689 shares of the entertainment giant’s stock valued at $2,838,000 after buying an additional 100 shares in the last quarter. Carolinas Wealth Consulting LLC grew its holdings in Walt Disney by 2.9% during the 1st quarter. Carolinas Wealth Consulting LLC now owns 3,575 shares of the entertainment giant’s stock valued at $490,000 after buying an additional 100 shares in the last quarter. Linscomb & Williams Inc. grew its holdings in Walt Disney by 1.9% during the 1st quarter. Linscomb & Williams Inc. now owns 5,582 shares of the entertainment giant’s stock valued at $766,000 after buying an additional 106 shares in the last quarter. Apexium Financial LP grew its holdings in Walt Disney by 1.3% during the 2nd quarter. Apexium Financial LP now owns 8,851 shares of the entertainment giant’s stock valued at $790,000 after buying an additional 113 shares in the last quarter. Finally, First Business Financial Services Inc. grew its holdings in Walt Disney by 0.7% during the 3rd quarter. First Business Financial Services Inc. now owns 16,514 shares of the entertainment giant’s stock valued at $1,338,000 after buying an additional 113 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Insider Transactions at Walt Disney

In related news, EVP Sonia L. Coleman sold 898 shares of the business’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $90.11, for a total transaction of $80,918.78. Following the transaction, the executive vice president now directly owns 1,861 shares in the company, valued at approximately $167,694.71. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.10% of the company’s stock.

Walt Disney Stock Up 1.1 %

NYSE DIS traded up $1.38 on Friday, reaching $122.36. 15,367,421 shares of the stock traded hands, compared to its average volume of 10,777,911. The company has a market cap of $224.44 billion, a price-to-earnings ratio of 75.53, a PEG ratio of 1.86 and a beta of 1.41. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.77 and a current ratio of 0.84. The Walt Disney Company has a 12 month low of $78.73 and a 12 month high of $123.74. The company has a fifty day moving average price of $107.88 and a 200-day moving average price of $94.72.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 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 analyst estimates of $23.71 billion. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The business’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.99 EPS. As a group, research analysts forecast that The Walt Disney Company will post 4.66 EPS for the current fiscal year.

Walt Disney Cuts Dividend

The business also recently declared a semi-annual dividend, which will be paid on Thursday, July 25th. Stockholders of record on Monday, July 8th will be given a $0.45 dividend. This represents a dividend yield of 0.5%. The ex-dividend date is Monday, July 8th. Walt Disney’s payout ratio is 18.52%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Needham & Company LLC lifted their target price on Walt Disney from $120.00 to $145.00 and gave the stock a “buy” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft dropped their target price on Walt Disney from $115.00 to $110.00 and set a “buy” rating for the company in a report on Wednesday, February 7th. Tigress Financial reiterated a “buy” rating and issued a $136.00 target price on shares of Walt Disney in a report on Wednesday, February 21st. Barclays upgraded Walt Disney from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $95.00 to $135.00 in a report on Monday. Finally, Morgan Stanley lifted their target price on Walt Disney from $110.00 to $135.00 and gave the stock an “overweight” rating in a report on Monday, March 4th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $117.77.

About Walt Disney

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.