1,902 Shares in The Walt Disney Company (NYSE:DIS) Purchased by WealthShield Partners LLC

WealthShield Partners LLC bought a new stake in shares of The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,902 shares of the entertainment giant’s stock, valued at approximately $212,000.

A number of other institutional investors have also recently made changes to their positions in DIS. FPC Investment Advisory Inc. bought a new position in Walt Disney during the fourth quarter valued at approximately $28,000. Midwest Capital Advisors LLC purchased a new stake in Walt Disney during the 4th quarter valued at $34,000. Bay Harbor Wealth Management LLC bought a new position in shares of Walt Disney during the 4th quarter valued at $35,000. Hager Investment Management Services LLC bought a new position in shares of Walt Disney during the 4th quarter valued at $43,000. Finally, Cedar Mountain Advisors LLC boosted its stake in shares of Walt Disney by 38.1% in the 4th quarter. Cedar Mountain Advisors LLC now owns 399 shares of the entertainment giant’s stock worth $44,000 after buying an additional 110 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Insider Activity

In related news, EVP Brent Woodford sold 8,000 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total transaction of $917,920.00. Following the sale, the executive vice president now owns 44,055 shares of the company’s stock, valued at $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.16% of the company’s stock.

Walt Disney Stock Performance

Shares of NYSE DIS opened at $111.18 on Tuesday. The company has a market cap of $200.99 billion, a P/E ratio of 36.22, a P/E/G ratio of 1.80 and a beta of 1.42. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The firm’s fifty day moving average is $110.68 and its two-hundred day moving average is $102.75.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. As a group, analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were given a dividend of $0.50 per share. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. The ex-dividend date was Monday, December 16th. Walt Disney’s dividend payout ratio is currently 32.57%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on DIS shares. Guggenheim increased their target price on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, November 15th. Evercore ISI increased their price objective on shares of Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Wells Fargo & Company raised their price objective on shares of Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Loop Capital upped their target price on shares of Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Jefferies Financial Group started coverage on shares of Walt Disney in a research note on Wednesday, December 4th. They set a “hold” rating and a $120.00 price target on the stock. Six analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $125.44.

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.