Disciplined Equity Management Inc. Invests $63,000 in The Walt Disney Company (NYSE:DIS)

Disciplined Equity Management Inc. purchased a new position in The Walt Disney Company (NYSE:DIS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 700 shares of the entertainment giant’s stock, valued at approximately $63,000.

Other institutional investors also recently bought and sold shares of the company. Impact Partnership Wealth LLC grew its position in shares of Walt Disney by 225.1% in the 3rd quarter. Impact Partnership Wealth LLC now owns 2,331 shares of the entertainment giant’s stock worth $189,000 after buying an additional 1,614 shares during the period. Elevated Capital Advisors LLC grew its holdings in Walt Disney by 33.3% in the third quarter. Elevated Capital Advisors LLC now owns 5,922 shares of the entertainment giant’s stock worth $480,000 after purchasing an additional 1,480 shares during the period. Atlas Brown Inc. increased its stake in shares of Walt Disney by 1.7% during the third quarter. Atlas Brown Inc. now owns 19,131 shares of the entertainment giant’s stock valued at $1,551,000 after purchasing an additional 328 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its holdings in shares of Walt Disney by 85.0% during the third quarter. Fifth Third Wealth Advisors LLC now owns 13,752 shares of the entertainment giant’s stock valued at $1,115,000 after purchasing an additional 6,317 shares during the last quarter. Finally, BTC Capital Management Inc. boosted its position in shares of Walt Disney by 1.4% in the 3rd quarter. BTC Capital Management Inc. now owns 52,672 shares of the entertainment giant’s stock worth $4,269,000 after purchasing an additional 706 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Walt Disney Stock Performance

DIS traded up $0.24 during trading on Wednesday, hitting $113.95. The company’s stock had a trading volume of 6,149,590 shares, compared to its average volume of 11,901,535. The business’s 50 day simple moving average is $114.15 and its 200-day simple moving average is $99.37. The firm has a market cap of $209.02 billion, a PE ratio of 70.34, a P/E/G ratio of 1.38 and a beta of 1.42. The Walt Disney Company has a one year low of $78.73 and a one year high of $123.74. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, topping the consensus estimate of $0.97 by $0.25. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The firm had revenue of $23.50 billion during the quarter, compared to analyst estimates of $23.71 billion. During the same period in the prior year, the business posted $0.99 EPS. Walt Disney’s revenue was down .1% on a year-over-year basis. As a group, sell-side analysts predict that The Walt Disney Company will post 4.66 EPS for the current fiscal year.

Walt Disney Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Thursday, July 25th. Stockholders of record on Monday, July 8th will be given a dividend of $0.45 per share. The ex-dividend date is Monday, July 8th. This represents a dividend yield of 0.5%. Walt Disney’s payout ratio is currently 18.52%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. The Goldman Sachs Group reduced their price objective on Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, February 8th. Evercore ISI upped their price target on shares of Walt Disney from $115.00 to $130.00 and gave the stock an “outperform” rating in a research note on Monday, April 8th. Guggenheim raised their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, April 3rd. Barclays upgraded shares of Walt Disney from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $95.00 to $135.00 in a research note on Monday, March 25th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Walt Disney from $115.00 to $110.00 and set a “buy” rating for the company in a research report on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $125.08.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $121.92, for a total transaction of $226,405.44. Following the sale, the executive vice president now owns 4,400 shares in the company, valued at approximately $536,448. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.10% of the stock is currently owned by corporate insiders.

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.