Kapstone Financial Advisors LLC Has $458,000 Stock Position in The Walt Disney Company (NYSE:DIS)

Kapstone Financial Advisors LLC decreased its stake in shares of The Walt Disney Company (NYSE:DIS) by 18.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,832 shares of the entertainment giant’s stock after selling 1,123 shares during the quarter. Kapstone Financial Advisors LLC’s holdings in Walt Disney were worth $458,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in DIS. Evolution Advisers Inc. raised its position in Walt Disney by 38.2% during the 4th quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock valued at $34,000 after purchasing an additional 105 shares during the last quarter. Gradient Capital Advisors LLC raised its position in shares of Walt Disney by 2.9% in the 4th quarter. Gradient Capital Advisors LLC now owns 3,975 shares of the entertainment giant’s stock worth $359,000 after acquiring an additional 111 shares in the last quarter. First Business Financial Services Inc. raised its position in shares of Walt Disney by 0.7% in the 3rd quarter. First Business Financial Services Inc. now owns 16,514 shares of the entertainment giant’s stock worth $1,338,000 after acquiring an additional 113 shares in the last quarter. Kelman Lazarov Inc. raised its position in shares of Walt Disney by 3.4% in the 4th quarter. Kelman Lazarov Inc. now owns 3,583 shares of the entertainment giant’s stock worth $324,000 after acquiring an additional 117 shares in the last quarter. Finally, CoreCap Advisors LLC raised its position in shares of Walt Disney by 0.5% in the 4th quarter. CoreCap Advisors LLC now owns 24,096 shares of the entertainment giant’s stock worth $2,176,000 after acquiring an additional 118 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of DIS stock traded down $0.04 on Friday, reaching $112.73. The stock had a trading volume of 6,304,843 shares, compared to its average volume of 9,049,604. The stock has a market cap of $206.78 billion, a P/E ratio of 69.59, a price-to-earnings-growth ratio of 1.39 and a beta of 1.42. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.77 and a current ratio of 0.84. The company has a 50 day simple moving average of $114.18 and a 200 day simple moving average of $99.76. The Walt Disney Company has a 1 year low of $78.73 and a 1 year high of $123.74.

Walt Disney (NYSE:DIS) last released its earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.25. The company had revenue of $23.50 billion for the quarter, compared to the consensus estimate of $23.71 billion. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. Walt Disney’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.99 earnings per share. Equities research analysts expect that The Walt Disney Company will post 4.66 EPS for the current year.

Walt Disney Cuts Dividend

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

Analysts Set New Price Targets

Several research analysts have recently issued reports on DIS shares. UBS Group increased their target price on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, March 27th. Tigress Financial reissued a “buy” rating and issued a $136.00 target price on shares of Walt Disney in a research report on Wednesday, February 21st. Raymond James raised their price objective on Walt Disney from $112.00 to $128.00 and gave the company an “outperform” rating in a research report on Tuesday, March 26th. Needham & Company LLC raised their price objective on Walt Disney from $120.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, March 28th. Finally, Wells Fargo & Company raised their price objective on Walt Disney from $128.00 to $141.00 and gave the company an “overweight” rating in a research report on Tuesday, April 23rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $125.08.

Insider Activity at Walt Disney

In related news, EVP Sonia L. Coleman sold 1,857 shares of Walt Disney stock in a transaction on Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the transaction, the executive vice president now directly owns 4,400 shares in the company, valued at $536,448. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is owned by company insiders.

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.