Kirr Marbach & Co. LLC IN Trims Holdings in The Walt Disney Company (NYSE:DIS)

Kirr Marbach & Co. LLC IN decreased its holdings in The Walt Disney Company (NYSE:DIS) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,339 shares of the entertainment giant’s stock after selling 410 shares during the quarter. Kirr Marbach & Co. LLC IN’s holdings in Walt Disney were worth $3,015,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of DIS. Dark Forest Capital Management LP purchased a new position in Walt Disney during the 1st quarter worth $28,000. Worth Asset Management LLC purchased a new position in Walt Disney during the 1st quarter worth $29,000. Planned Solutions Inc. purchased a new position in Walt Disney during the 4th quarter worth $26,000. SkyView Investment Advisors LLC raised its position in Walt Disney by 172.6% during the 2nd quarter. SkyView Investment Advisors LLC now owns 319 shares of the entertainment giant’s stock worth $78,000 after buying an additional 202 shares during the last quarter. Finally, MBM Wealth Consultants LLC raised its position in Walt Disney by 197.6% during the 4th quarter. MBM Wealth Consultants LLC now owns 366 shares of the entertainment giant’s stock worth $33,000 after buying an additional 243 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Insider Transactions at Walt Disney

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

Walt Disney Trading Up 1.1 %

Walt Disney stock traded up $1.19 during mid-day trading on Tuesday, hitting $114.14. The stock had a trading volume of 2,104,846 shares, compared to its average volume of 12,162,411. The stock has a 50-day simple moving average of $113.30 and a two-hundred day simple moving average of $97.91. The stock has a market capitalization of $209.37 billion, a PE ratio of 70.14, a P/E/G ratio of 1.65 and a beta of 1.42. The Walt Disney Company has a 12 month low of $78.73 and a 12 month 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.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.25. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The business had revenue of $23.50 billion for the quarter, compared to analysts’ expectations of $23.71 billion. During the same quarter in the previous year, the business posted $0.99 EPS. Walt Disney’s revenue for the quarter was down .1% on a year-over-year basis. As a group, sell-side analysts forecast that The Walt Disney Company will post 4.66 EPS for the current year.

Walt Disney Cuts Dividend

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

Analyst Ratings Changes

A number of equities analysts have commented on DIS shares. Morgan Stanley upped their price objective on shares of Walt Disney from $110.00 to $135.00 and gave the stock an “overweight” rating in a research report on Monday, March 4th. Raymond James upped their price objective on shares of Walt Disney from $112.00 to $128.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 26th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Walt Disney from $115.00 to $110.00 and set a “buy” rating for the company in a report on Wednesday, February 7th. Bank of America increased their price target on shares of Walt Disney from $130.00 to $145.00 and gave the company a “buy” rating in a report on Monday, April 1st. Finally, Tigress Financial reiterated a “buy” rating and issued a $136.00 price target on shares of Walt Disney in a report on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $124.54.

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.