Dynasty Wealth Management LLC Invests $1.07 Million in The Walt Disney Company (NYSE:DIS)

Dynasty Wealth Management LLC bought a new stake in shares of The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,598 shares of the entertainment giant’s stock, valued at approximately $1,069,000.

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

Walt Disney Trading Up 2.3 %

DIS opened at $113.82 on Friday. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The stock has a fifty day moving average price of $110.68 and a 200-day moving average price of $103.23. The firm has a market cap of $205.77 billion, a price-to-earnings ratio of 37.08, a PEG ratio of 1.80 and a beta of 1.42. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last announced its earnings results 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%. As a group, equities research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share 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. Shareholders of record on Monday, December 16th were paid a $0.50 dividend. This represents a yield of 0.6%. This is an increase 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 32.57%.

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on DIS shares. Evercore ISI upped their price target on shares of Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Wells Fargo & Company upped their target price on Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Prescient Securities reduced their price target on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Guggenheim boosted their price objective on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $130.00 target price on shares of Walt Disney in a research note on Wednesday, February 5th. Six research 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus 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.