1,802 Shares in The Walt Disney Company (NYSE:DIS) Bought by HFR Wealth Management LLC

HFR Wealth Management LLC bought a new position in The Walt Disney Company (NYSE:DIS) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,802 shares of the entertainment giant’s stock, valued at approximately $201,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Schechter Investment Advisors LLC lifted its holdings in shares of Walt Disney by 29.8% during the fourth quarter. Schechter Investment Advisors LLC now owns 18,557 shares of the entertainment giant’s stock valued at $2,066,000 after acquiring an additional 4,258 shares during the period. Wernau Asset Management Inc. bought a new position in shares of Walt Disney during the fourth quarter valued at $1,756,000. Winslow Asset Management Inc. lifted its holdings in shares of Walt Disney by 0.4% during the fourth quarter. Winslow Asset Management Inc. now owns 72,154 shares of the entertainment giant’s stock valued at $8,034,000 after acquiring an additional 305 shares during the period. Auxano Advisors LLC lifted its holdings in shares of Walt Disney by 9.1% during the fourth quarter. Auxano Advisors LLC now owns 22,741 shares of the entertainment giant’s stock valued at $2,532,000 after acquiring an additional 1,891 shares during the period. Finally, Garrett Wealth Advisory Group LLC lifted its holdings in shares of Walt Disney by 4.5% during the fourth quarter. Garrett Wealth Advisory Group LLC now owns 6,120 shares of the entertainment giant’s stock valued at $681,000 after acquiring an additional 264 shares during the period. 65.71% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Brent Woodford sold 8,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total transaction of $917,920.00. Following the completion of the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,054,870.70. This represents a 15.37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.16% of the stock is owned by company insiders.

Walt Disney Stock Performance

Shares of DIS stock opened at $112.69 on Tuesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The stock has a market cap of $203.72 billion, a PE ratio of 36.71, a price-to-earnings-growth ratio of 1.80 and a beta of 1.42. The stock has a 50-day moving average of $110.70 and a 200-day moving average of $103.66. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating 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%. As a group, sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Increases Dividend

The firm 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%. This is a boost from Walt Disney’s previous semi-annual dividend of $0.45. The ex-dividend date was Monday, December 16th. Walt Disney’s dividend payout ratio is presently 32.57%.

Analyst Ratings Changes

A number of brokerages have issued reports on DIS. Jefferies Financial Group began coverage on Walt Disney in a report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price objective for the company. Guggenheim lifted their price objective on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, November 15th. Prescient Securities lowered their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Morgan Stanley raised their target price on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, Macquarie restated a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research note on Monday, January 6th. Six research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and an average price target of $125.44.

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.