RWA Wealth Partners LLC Has $3.82 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

RWA Wealth Partners LLC boosted its holdings in The Walt Disney Company (NYSE:DIS) by 151.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 42,308 shares of the entertainment giant’s stock after purchasing an additional 25,505 shares during the quarter. RWA Wealth Partners LLC’s holdings in Walt Disney were worth $3,820,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Planned Solutions Inc. bought a new position in Walt Disney in the 4th quarter valued at about $26,000. Fortis Group Advisors LLC purchased a new position in shares of Walt Disney in the 3rd quarter worth approximately $30,000. Stone House Investment Management LLC boosted its stake in shares of Walt Disney by 355.3% in the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock worth $31,000 after buying an additional 270 shares during the last quarter. Orion Capital Management LLC purchased a new position in shares of Walt Disney in the 3rd quarter worth approximately $35,000. Finally, Harvest Fund Management Co. Ltd lifted its stake in Walt Disney by 15,900.0% in the third quarter. Harvest Fund Management Co. Ltd now owns 480 shares of the entertainment giant’s stock valued at $39,000 after purchasing an additional 477 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Insiders Place Their Bets

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the firm’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the completion of the sale, the executive vice president now directly owns 4,400 shares in the company, valued at $536,448. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on DIS. Argus upped their price objective on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Tigress Financial reissued a “buy” rating and set a $136.00 target price on shares of Walt Disney in a report on Wednesday, February 21st. Morgan Stanley boosted their target price on shares of Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a report on Monday, March 4th. Rosenblatt Securities boosted their target price on shares of Walt Disney from $129.00 to $137.00 and gave the company a “buy” rating in a report on Tuesday, April 2nd. Finally, Wells Fargo & Company boosted their target price on shares of Walt Disney from $115.00 to $128.00 and gave the company an “overweight” rating in a report on Thursday, February 8th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $124.54.

Walt Disney Stock Performance

Walt Disney stock opened at $112.83 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 0.39. The Walt Disney Company has a 1-year low of $78.73 and a 1-year high of $123.74. The firm has a 50-day moving average of $114.04 and a 200-day moving average of $99.05. The firm has a market cap of $206.96 billion, a P/E ratio of 69.13, a P/E/G ratio of 1.38 and a beta of 1.42.

Walt Disney (NYSE:DIS) last issued 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 net margin of 3.36% and a return on equity of 7.88%. The business had revenue of $23.50 billion during the quarter, compared to analyst estimates of $23.71 billion. During the same period last year, the business posted $0.99 earnings per share. Walt Disney’s quarterly revenue was down .1% compared to the same quarter last year. Sell-side analysts expect that The Walt Disney Company will post 4.66 EPS for the current year.

Walt Disney Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Thursday, July 25th. Shareholders of record on Monday, July 8th will be issued a $0.45 dividend. 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%.

Walt Disney 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.