Schwarz Dygos Wheeler Investment Advisors LLC Raises Holdings in The Walt Disney Company (NYSE:DIS)

Schwarz Dygos Wheeler Investment Advisors LLC increased its position in The Walt Disney Company (NYSE:DIS) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,190 shares of the entertainment giant’s stock after buying an additional 302 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Walt Disney were worth $1,642,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Evolution Advisers Inc. increased its position in Walt Disney by 38.2% during the fourth quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock worth $34,000 after purchasing an additional 105 shares during the last quarter. Gradient Capital Advisors LLC grew its stake 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 valued at $359,000 after buying an additional 111 shares during the period. First Business Financial Services Inc. raised its position in shares of Walt Disney by 0.7% during the 3rd quarter. First Business Financial Services Inc. now owns 16,514 shares of the entertainment giant’s stock valued at $1,338,000 after buying an additional 113 shares during the period. Kelman Lazarov Inc. raised its position in shares of Walt Disney by 3.4% during the 4th quarter. Kelman Lazarov Inc. now owns 3,583 shares of the entertainment giant’s stock valued at $324,000 after buying an additional 117 shares during the period. Finally, CoreCap Advisors LLC grew its position in Walt Disney by 0.5% in the fourth 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 during the period. 65.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have commented on DIS shares. UBS Group upped their price target on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, March 27th. Raymond James lifted their price target on shares of Walt Disney from $112.00 to $128.00 and gave the company an “outperform” rating in a research report on Tuesday, March 26th. Tigress Financial reiterated a “buy” rating and issued a $136.00 target price on shares of Walt Disney in a report on Wednesday, February 21st. Argus upped their price target on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. Finally, Barclays raised Walt Disney from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $95.00 to $135.00 in a research note on Monday, March 25th. One investment 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 stock. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus price target of $125.08.

Walt Disney Stock Down 0.0 %

Shares of Walt Disney stock traded down $0.04 during trading on Friday, hitting $112.73. 6,304,843 shares of the stock were exchanged, compared to its average volume of 9,049,604. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77. The firm’s 50-day moving average price is $114.18 and its 200 day moving average price is $99.66. The stock has a market cap of $206.78 billion, a price-to-earnings ratio of 69.59, a price-to-earnings-growth ratio of 1.39 and a beta of 1.42. The Walt Disney Company has a 12-month low of $78.73 and a 12-month high of $123.74.

Walt Disney (NYSE:DIS) last announced 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. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The company had revenue of $23.50 billion during the quarter, compared to the consensus estimate of $23.71 billion. During the same period in the previous year, the business earned $0.99 EPS. Walt Disney’s revenue for the quarter was down .1% on a year-over-year basis. As a group, analysts forecast that The Walt Disney Company will post 4.66 earnings per share 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 dividend payout ratio is presently 18.52%.

Insider Activity

In other news, EVP Sonia L. Coleman sold 1,857 shares of the business’s stock in a transaction dated Monday, April 1st. The stock was 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 of the company’s stock, valued at approximately $536,448. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.10% of the company’s stock.

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.