Bouchey Financial Group Ltd Takes $207,000 Position in The Walt Disney Company (NYSE:DIS)

Bouchey Financial Group Ltd acquired a new stake in The Walt Disney Company (NYSE:DIS) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,860 shares of the entertainment giant’s stock, valued at approximately $207,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. FPC Investment Advisory Inc. bought a new position in Walt Disney during the fourth quarter worth $28,000. Midwest Capital Advisors LLC acquired a new position in Walt Disney during the fourth quarter worth $34,000. Bay Harbor Wealth Management LLC acquired a new position in Walt Disney during the fourth quarter worth $35,000. Hager Investment Management Services LLC acquired a new position in Walt Disney during the fourth quarter worth $43,000. Finally, Cedar Mountain Advisors LLC raised its holdings in Walt Disney by 38.1% during the fourth 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. 65.71% of the stock is owned by institutional investors.

Walt Disney Stock Down 0.5 %

Shares of Walt Disney stock opened at $111.26 on Friday. 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 Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The stock has a market capitalization of $201.13 billion, a price-to-earnings ratio of 36.24, a P/E/G ratio of 1.80 and a beta of 1.42. The company’s 50 day moving average price is $110.64 and its 200-day moving average price is $103.16.

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 net margin of 6.07% and a return on equity of 9.95%. Equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Increases Dividend

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

Analyst Ratings Changes

Several research firms have weighed in on DIS. Guggenheim upped their price objective on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Needham & Company LLC reiterated a “buy” rating and issued a $130.00 target price on shares of Walt Disney in a report on Wednesday, February 5th. Citigroup restated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research report on Wednesday, January 22nd. Evercore ISI increased their target price on shares of Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Finally, Prescient Securities cut their target price on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Six investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.44.

Insider Activity

In other news, EVP Brent Woodford sold 8,000 shares of the business’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 in the company, valued at approximately $5,054,870.70. The trade was a 15.37 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.16% of the company’s stock.

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.