JFS Wealth Advisors LLC Has $1.20 Million Holdings in The Walt Disney Company (NYSE:DIS)

JFS Wealth Advisors LLC lessened its position in shares of The Walt Disney Company (NYSE:DIS) by 1.6% in the fourth quarter, HoldingsChannel reports. The fund owned 10,769 shares of the entertainment giant’s stock after selling 179 shares during the period. JFS Wealth Advisors LLC’s holdings in Walt Disney were worth $1,199,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently made changes to their positions in DIS. Bay Harbor Wealth Management LLC acquired a new position in Walt Disney in the 4th quarter valued at $35,000. Hager Investment Management Services LLC acquired a new stake in shares of Walt Disney during the fourth quarter worth $43,000. Cedar Mountain Advisors LLC boosted its position 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. Friedenthal Financial bought a new position in Walt Disney during the fourth quarter worth about $49,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in Walt Disney in the 4th quarter worth about $50,000. Institutional investors own 65.71% of the company’s stock.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of Walt Disney stock in a transaction that occurred 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 directly owns 44,055 shares in the company, valued at approximately $5,054,870.70. The trade was a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Robert A. Iger sold 372,412 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was 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 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 quarter. Company insiders own 0.16% of the company’s stock.

Wall Street Analysts Forecast Growth

DIS has been the topic of several recent research reports. Citigroup reaffirmed a “buy” rating and set a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft raised their price objective on Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Morgan Stanley upped their target price on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Wells Fargo & Company increased their target price on Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a research note on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.85.

Walt Disney Stock Up 0.7 %

Shares of NYSE:DIS opened at $110.31 on Monday. The business has a fifty day simple moving average of $111.14 and a 200 day simple moving average of $101.85. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The firm has a market cap of $199.42 billion, a P/E ratio of 35.93, a P/E/G ratio of 1.95 and a beta of 1.42. The company has a quick ratio of 0.67, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last posted 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 return on equity of 9.95% and a net margin of 6.07%. Analysts predict that The Walt Disney Company will post 5.43 earnings per share for the current year.

Walt Disney Increases Dividend

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

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.