One Wealth Capital Management LLC Invests $227,000 in The Walt Disney Company (NYSE:DIS)

One Wealth Capital Management LLC purchased a new stake in shares of The Walt Disney Company (NYSE:DIS) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 2,035 shares of the entertainment giant’s stock, valued at approximately $227,000.

A number of other institutional investors also recently bought and sold shares of DIS. Birch Capital Management LLC bought a new position in shares of Walt Disney in the 4th quarter worth approximately $56,000. Spartan Planning & Wealth Management bought a new stake in Walt Disney during the fourth quarter worth about $302,000. Regent Peak Wealth Advisors LLC grew its holdings in Walt Disney by 4.5% in the fourth quarter. Regent Peak Wealth Advisors LLC now owns 2,920 shares of the entertainment giant’s stock worth $325,000 after purchasing an additional 126 shares during the period. Diversified Trust Co increased its stake in shares of Walt Disney by 6.8% during the fourth quarter. Diversified Trust Co now owns 19,048 shares of the entertainment giant’s stock valued at $2,121,000 after purchasing an additional 1,206 shares in the last quarter. Finally, Canandaigua National Trust Co of Florida increased its stake in shares of Walt Disney by 46.1% during the fourth quarter. Canandaigua National Trust Co of Florida now owns 3,726 shares of the entertainment giant’s stock valued at $415,000 after purchasing an additional 1,176 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Walt Disney Stock Performance

NYSE DIS traded up $0.37 on Tuesday, hitting $111.42. 5,613,775 shares of the company traded hands, compared to its average volume of 5,632,489. The business’s 50 day moving average price is $109.99 and its 200-day moving average price is $99.21. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $201.77 billion, a price-to-earnings ratio of 41.11, a P/E/G ratio of 2.05 and a beta of 1.43.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. Walt Disney had a return on equity of 9.21% and a net margin of 5.44%. The firm had revenue of $22.57 billion for the quarter, compared to analysts’ expectations of $22.49 billion. During the same period in the previous year, the firm earned $0.82 EPS. The business’s quarterly revenue was up 6.3% on a year-over-year basis. Equities analysts expect that The Walt Disney Company will post 5.41 earnings per share for the current year.

Walt Disney Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, January 16th. Stockholders of record on Monday, December 16th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Monday, December 16th. This is a boost from Walt Disney’s previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. Walt Disney’s dividend payout ratio is 36.90%.

Analyst Ratings Changes

DIS has been the topic of several recent research reports. Raymond James restated a “market perform” rating on shares of Walt Disney in a research note on Tuesday, October 1st. Macquarie reissued a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research note on Monday. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $100.00 to $147.00 in a research report on Tuesday. Seaport Res Ptn raised shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Finally, Sanford C. Bernstein lifted their target price on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, November 15th. Five equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and an average price target of $125.54.

Insider Activity at Walt Disney

In related news, EVP Brent Woodford sold 8,000 shares of the stock in a transaction dated 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 owns 44,055 shares in the company, valued at approximately $5,054,870.70. This trade represents a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Robert A. Iger sold 372,412 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total value of $42,667,242.84. Following the completion of the transaction, the chief executive officer now directly owns 226,767 shares in the company, valued at approximately $25,980,695.19. This represents a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 385,412 shares of company stock worth $44,153,263. 0.10% of the stock is owned by corporate insiders.

About Walt Disney

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.