The Walt Disney Company $DIS Stock Position Lifted by CW Advisors LLC

CW Advisors LLC grew its holdings in shares of The Walt Disney Company (NYSE:DIS) by 67.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 156,726 shares of the entertainment giant’s stock after purchasing an additional 62,904 shares during the period. CW Advisors LLC’s holdings in Walt Disney were worth $19,436,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of DIS. DiNuzzo Private Wealth Inc. raised its position in shares of Walt Disney by 82.5% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after buying an additional 94 shares in the last quarter. Harbor Asset Planning Inc. acquired a new position in shares of Walt Disney during the second quarter valued at approximately $37,000. RMG Wealth Management LLC bought a new stake in Walt Disney during the second quarter worth approximately $49,000. Wealth Preservation Advisors LLC acquired a new stake in Walt Disney in the first quarter worth approximately $53,000. Finally, Legacy Investment Solutions LLC bought a new position in Walt Disney during the 2nd quarter valued at $53,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analysts Set New Price Targets

DIS has been the subject of several research analyst reports. Wells Fargo & Company cut their price objective on Walt Disney from $159.00 to $152.00 and set an “overweight” rating for the company in a report on Friday, November 14th. Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 target price on shares of Walt Disney in a report on Thursday, November 13th. Susquehanna reissued a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. UBS Group restated a “buy” rating and set a $138.00 price objective on shares of Walt Disney in a research report on Friday, November 14th. Finally, Chardan Capital reiterated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Eighteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $134.41.

Walt Disney Trading Up 0.9%

Shares of DIS opened at $105.72 on Thursday. The business’s 50-day moving average price is $109.96 and its 200 day moving average price is $114.75. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $188.74 billion, a P/E ratio of 15.41, a P/E/G ratio of 1.48 and a beta of 1.49. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.08. The company had revenue of $22.46 billion during the quarter, compared to analyst estimates of $22.78 billion. Walt Disney had a net margin of 13.14% and a return on equity of 9.37%. The business’s quarterly revenue was down .5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.14 earnings per share. Analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Announces Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.75 per share. This represents a yield of 139.0%. The ex-dividend date is Tuesday, June 30th. Walt Disney’s payout ratio is presently 21.87%.

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.