The Walt Disney Company (NYSE:DIS) Stake Boosted by Walkner Condon Financial Advisors LLC

Walkner Condon Financial Advisors LLC grew its stake in shares of The Walt Disney Company (NYSE:DIS) by 5.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,691 shares of the entertainment giant’s stock after acquiring an additional 146 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in Walt Disney were worth $300,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Figure 8 Investment Strategies LLC bought a new stake in Walt Disney in the fourth quarter worth $1,442,000. Vontobel Holding Ltd. boosted its holdings in Walt Disney by 5.4% in the fourth quarter. Vontobel Holding Ltd. now owns 328,091 shares of the entertainment giant’s stock worth $36,533,000 after purchasing an additional 16,713 shares in the last quarter. Bogart Wealth LLC boosted its holdings in Walt Disney by 20.8% in the fourth quarter. Bogart Wealth LLC now owns 2,896 shares of the entertainment giant’s stock worth $323,000 after purchasing an additional 498 shares in the last quarter. Catalyst Financial Partners LLC boosted its holdings in Walt Disney by 13.3% during the fourth quarter. Catalyst Financial Partners LLC now owns 5,708 shares of the entertainment giant’s stock valued at $636,000 after acquiring an additional 669 shares during the period. Finally, Life Planning Partners Inc bought a new stake in Walt Disney during the fourth quarter valued at about $2,542,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Trading Up 0.7 %

DIS opened at $110.31 on Friday. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.67 and a current ratio of 0.68. The firm’s fifty day moving average is $111.27 and its two-hundred day moving average is $101.72. The firm has a market cap of $199.42 billion, a PE ratio of 35.93, a price-to-earnings-growth ratio of 1.95 and a beta of 1.42.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Equities research analysts anticipate that The Walt Disney Company will post 5.43 EPS for the current year.

Walt Disney Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were issued a dividend of $0.50 per share. This represents a dividend yield of 0.6%. This is a positive change from Walt Disney’s previous semi-annual dividend of $0.45. The ex-dividend date was Monday, December 16th. Walt Disney’s dividend payout ratio (DPR) is presently 32.57%.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 5,000 shares of Walt Disney stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total value of $568,100.00. Following the sale, the executive vice president now directly owns 44,055 shares in the company, valued at approximately $5,005,529.10. The trade was a 10.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert A. Iger sold 372,412 shares of Walt Disney stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the completion of the sale, the chief executive officer now owns 226,767 shares in the company, valued at $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 385,412 shares of company stock worth $44,153,263 over the last ninety days. Company insiders own 0.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on DIS shares. Macquarie reaffirmed a “neutral” rating and set a $110.00 price objective on shares of Walt Disney in a research report on Monday, January 6th. Sanford C. Bernstein increased their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, November 15th. Prescient Securities decreased their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Finally, TD Cowen upped their price objective on shares of Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a research note on Friday, November 15th. Six analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $125.85.

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.