Alliance Wealth Advisors LLC UT Increases Stake in The Walt Disney Company (NYSE:DIS)

Alliance Wealth Advisors LLC UT lifted its holdings in shares of The Walt Disney Company (NYSE:DISFree Report) by 2.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,745 shares of the entertainment giant’s stock after purchasing an additional 264 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in Walt Disney were worth $790,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Carolinas Wealth Consulting LLC grew its holdings in shares of Walt Disney by 2.9% during the 1st quarter. Carolinas Wealth Consulting LLC now owns 3,575 shares of the entertainment giant’s stock worth $490,000 after purchasing an additional 100 shares during the period. Compton Capital Management Inc. RI grew its holdings in shares of Walt Disney by 0.5% during the 1st quarter. Compton Capital Management Inc. RI now owns 20,689 shares of the entertainment giant’s stock worth $2,838,000 after purchasing an additional 100 shares during the period. Linscomb & Williams Inc. grew its holdings in shares of Walt Disney by 1.9% during the 1st quarter. Linscomb & Williams Inc. now owns 5,582 shares of the entertainment giant’s stock worth $766,000 after purchasing an additional 106 shares during the period. Apexium Financial LP grew its holdings in shares of Walt Disney by 1.3% during the 2nd quarter. Apexium Financial LP now owns 8,851 shares of the entertainment giant’s stock worth $790,000 after purchasing an additional 113 shares during the period. Finally, Aveo Capital Partners LLC grew its holdings in shares of Walt Disney by 3.0% during the 2nd quarter. Aveo Capital Partners LLC now owns 3,952 shares of the entertainment giant’s stock worth $353,000 after purchasing an additional 116 shares during the period. 61.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Sonia L. Coleman sold 898 shares of the firm’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $90.11, for a total transaction of $80,918.78. Following the transaction, the executive vice president now owns 1,861 shares in the company, valued at approximately $167,694.71. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Walt Disney news, EVP Sonia L. Coleman sold 898 shares of Walt Disney stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $90.11, for a total value of $80,918.78. Following the transaction, the executive vice president now directly owns 1,861 shares in the company, valued at approximately $167,694.71. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Brent Woodford sold 18,788 shares of Walt Disney stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $92.99, for a total value of $1,747,096.12. Following the completion of the transaction, the executive vice president now owns 33,586 shares in the company, valued at $3,123,162.14. The disclosure for this sale can be found here. 0.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on DIS shares. Barclays raised their target price on Walt Disney from $88.00 to $95.00 and gave the company an “equal weight” rating in a report on Thursday. StockNews.com upgraded Walt Disney from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Raymond James raised their target price on Walt Disney from $93.00 to $101.00 and gave the company an “outperform” rating in a report on Friday, November 10th. The Goldman Sachs Group lowered their target price on Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a report on Thursday. Finally, Wells Fargo & Company increased their price target on Walt Disney from $115.00 to $128.00 and gave the company an “overweight” rating in a research report on Thursday. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and an average price target of $109.67.

Get Our Latest Stock Analysis on Walt Disney

Walt Disney Trading Up 0.7 %

NYSE:DIS opened at $109.15 on Monday. The stock’s 50 day moving average price is $93.44 and its 200 day moving average price is $88.33. The company has a market capitalization of $200.21 billion, a PE ratio of 66.91, a P/E/G ratio of 1.80 and a beta of 1.39. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39. The Walt Disney Company has a 52-week low of $78.73 and a 52-week high of $112.77.

Walt Disney (NYSE:DISGet Free Report) last released its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.25. The firm 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%. The firm’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business posted $0.99 EPS. On average, research analysts anticipate that The Walt Disney Company will post 4.63 EPS for the current year.

Walt Disney Cuts Dividend

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

About Walt Disney

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.