2,259 Shares in The Walt Disney Company (NYSE:DIS) Bought by CFS Investment Advisory Services LLC

CFS Investment Advisory Services LLC bought a new position in shares of The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 2,259 shares of the entertainment giant’s stock, valued at approximately $252,000.

A number of other institutional investors have also recently made changes to their positions in DIS. William B. Walkup & Associates Inc. bought a new stake in Walt Disney in the second quarter valued at approximately $32,000. Friedenthal Financial bought a new stake in shares of Walt Disney in the 4th quarter valued at $49,000. Retirement Wealth Solutions LLC bought a new stake in shares of Walt Disney in the 4th quarter valued at $50,000. Birch Capital Management LLC acquired a new stake in shares of Walt Disney during the fourth quarter worth $56,000. Finally, First PREMIER Bank raised its stake in Walt Disney by 98.1% during the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after buying an additional 256 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 5,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total value of $568,100.00. Following the completion of the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,005,529.10. This trade represents a 10.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Robert A. Iger sold 372,412 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $114.57, for a total value of $42,667,242.84. Following the transaction, the chief executive officer now directly owns 226,767 shares in the company, valued at $25,980,695.19. This represents a 62.15 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 385,412 shares of company stock worth $44,153,263 in the last quarter. Insiders own 0.10% of the company’s stock.

Walt Disney Price Performance

Shares of NYSE DIS opened at $112.25 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $203.28 billion, a PE ratio of 41.42, a PEG ratio of 1.95 and a beta of 1.43. The stock’s 50 day moving average price is $112.46 and its 200-day moving average price is $100.07. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. The firm had revenue of $22.57 billion during the quarter, compared to the consensus estimate of $22.49 billion. Walt Disney had a return on equity of 9.21% and a net margin of 5.44%. The business’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.82 EPS. On average, equities analysts anticipate that The Walt Disney Company will post 5.41 EPS for the current year.

Walt Disney Increases Dividend

The business 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 a boost from Walt Disney’s previous semi-annual dividend of $0.45. The ex-dividend date of this dividend was Monday, December 16th. Walt Disney’s payout ratio is presently 36.90%.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Bank of America increased their price target on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Wells Fargo & Company raised their target price on Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Sanford C. Bernstein boosted their price target on Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, November 15th. Guggenheim raised their price objective on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Finally, Loop Capital boosted their target price on shares of Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Five analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $125.52.

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.