The Walt Disney Company (NYSE:DIS) Shares Sold by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC lessened its stake in The Walt Disney Company (NYSE:DISFree Report) by 2.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,735 shares of the entertainment giant’s stock after selling 166 shares during the period. Soltis Investment Advisors LLC’s holdings in Walt Disney were worth $546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of DIS. Advisors Capital Management LLC boosted its stake in shares of Walt Disney by 6.1% during the second quarter. Advisors Capital Management LLC now owns 346,034 shares of the entertainment giant’s stock worth $30,894,000 after buying an additional 19,882 shares during the period. Silvia Mccoll Wealth Management LLC boosted its stake in shares of Walt Disney by 4.2% during the second quarter. Silvia Mccoll Wealth Management LLC now owns 4,040 shares of the entertainment giant’s stock worth $361,000 after buying an additional 164 shares during the period. Pathway Financial Advisors LLC boosted its stake in shares of Walt Disney by 4.9% during the third quarter. Pathway Financial Advisors LLC now owns 3,024 shares of the entertainment giant’s stock worth $245,000 after buying an additional 141 shares during the period. Tempus Wealth Planning LLC boosted its stake in shares of Walt Disney by 4.5% during the third quarter. Tempus Wealth Planning LLC now owns 12,722 shares of the entertainment giant’s stock worth $1,031,000 after buying an additional 546 shares during the period. Finally, DCM Advisors LLC boosted its stake in shares of Walt Disney by 0.3% during the second quarter. DCM Advisors LLC now owns 73,970 shares of the entertainment giant’s stock worth $6,604,000 after buying an additional 198 shares during the period. Institutional investors and hedge funds own 61.17% of the company’s stock.

Insider Buying and Selling at Walt Disney

In related news, Director Amy Chang purchased 1,078 shares of the firm’s stock in a transaction on Thursday, December 7th. The shares were bought at an average price of $92.69 per share, for a total transaction of $99,919.82. Following the acquisition, the director now directly owns 6,216 shares in the company, valued at $576,161.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Walt Disney news, Director Amy Chang bought 1,078 shares of Walt Disney stock in a transaction that occurred on Thursday, December 7th. The shares were acquired at an average price of $92.69 per share, for a total transaction of $99,919.82. Following the acquisition, the director now owns 6,216 shares of the company’s stock, valued at approximately $576,161.04. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, EVP Brent Woodford sold 18,788 shares of Walt Disney stock in a transaction on Monday, December 18th. The shares were sold at an average price of $92.99, for a total transaction of $1,747,096.12. Following the transaction, the executive vice president now owns 33,586 shares in the company, valued at approximately $3,123,162.14. The disclosure for this sale can be found here. 0.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently weighed in on DIS. Wells Fargo & Company increased their target price on shares of Walt Disney from $110.00 to $115.00 and gave the stock an “overweight” rating in a research note on Thursday, November 9th. Rosenblatt Securities cut their price target on shares of Walt Disney from $114.00 to $112.00 and set a “buy” rating for the company in a report on Friday, December 22nd. JPMorgan Chase & Co. cut their price target on shares of Walt Disney from $125.00 to $120.00 and set an “overweight” rating for the company in a report on Tuesday, October 10th. StockNews.com raised shares of Walt Disney from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Finally, UBS Group cut their price target on shares of Walt Disney from $122.00 to $110.00 and set a “buy” rating for the company in a report on Monday, October 16th. One research analyst has rated the stock with a sell rating, five have issued 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 an average rating of “Moderate Buy” and a consensus price target of $109.40.

Get Our Latest Stock Analysis on DIS

Walt Disney Trading Down 0.5 %

Shares of DIS opened at $96.65 on Tuesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.05 and a quick ratio of 0.99. The firm has a 50 day simple moving average of $92.50 and a 200-day simple moving average of $87.82. The Walt Disney Company has a 1-year low of $78.73 and a 1-year high of $118.18. The stock has a market cap of $177.28 billion, a price-to-earnings ratio of 75.51, a price-to-earnings-growth ratio of 1.80 and a beta of 1.39.

Walt Disney (NYSE:DISGet Free Report) last announced its earnings results on Wednesday, November 8th. The entertainment giant reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.15. Walt Disney had a net margin of 2.65% and a return on equity of 7.31%. The firm had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.37 billion. During the same quarter last year, the business earned $0.30 earnings per share. Walt Disney’s revenue was up 5.4% compared to the same quarter last year. Equities analysts forecast that The Walt Disney Company will post 4.35 EPS for the current fiscal year.

Walt Disney Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 10th. Shareholders of record on Monday, December 11th were issued a $0.30 dividend. The ex-dividend date was Friday, December 8th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.24%. Walt Disney’s dividend payout ratio (DPR) is presently 23.44%.

Walt Disney Profile

(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.

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

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