Everpar Advisors LLC Buys 342 Shares of The Walt Disney Company (NYSE:DIS)

Everpar Advisors LLC grew its stake in The Walt Disney Company (NYSE:DIS) by 7.2% during the 4th quarter, HoldingsChannel reports. The fund owned 5,098 shares of the entertainment giant’s stock after purchasing an additional 342 shares during the quarter. Everpar Advisors LLC’s holdings in Walt Disney were worth $568,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Edgestream Partners L.P. lifted its stake in shares of Walt Disney by 67.3% in the second quarter. Edgestream Partners L.P. now owns 6,486 shares of the entertainment giant’s stock worth $644,000 after buying an additional 2,610 shares in the last quarter. E Fund Management Co. Ltd. boosted its stake in Walt Disney by 12.5% during the 2nd quarter. E Fund Management Co. Ltd. now owns 11,395 shares of the entertainment giant’s stock valued at $1,131,000 after purchasing an additional 1,267 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of Walt Disney by 1.2% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 356,820 shares of the entertainment giant’s stock worth $35,429,000 after purchasing an additional 4,256 shares in the last quarter. Marathon Trading Investment Management LLC increased its holdings in shares of Walt Disney by 333.0% in the 2nd quarter. Marathon Trading Investment Management LLC now owns 7,802 shares of the entertainment giant’s stock worth $775,000 after purchasing an additional 6,000 shares in the last quarter. Finally, Middleton & Co. Inc. MA raised its stake in shares of Walt Disney by 0.9% in the second quarter. Middleton & Co. Inc. MA now owns 38,898 shares of the entertainment giant’s stock worth $3,862,000 after purchasing an additional 334 shares during the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DIS has been the topic of several recent analyst reports. Seaport Res Ptn raised Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Macquarie reaffirmed a “neutral” rating and set a $110.00 price target on shares of Walt Disney in a report on Monday, January 6th. Wells Fargo & Company boosted their price objective on shares of Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Loop Capital raised their target price on shares of Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Finally, Raymond James reiterated a “market perform” rating on shares of Walt Disney in a research note on Tuesday, October 1st. 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $125.54.

Walt Disney Stock Down 1.7 %

Shares of DIS opened at $106.38 on Friday. The Walt Disney Company has a 12-month low of $83.91 and a 12-month 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 $192.65 billion, a PE ratio of 39.25, a price-to-earnings-growth ratio of 1.94 and a beta of 1.43. The business’s 50 day moving average is $111.77 and its 200 day moving average is $99.58.

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

Walt Disney Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were given a dividend of $0.50 per share. This represents a dividend yield of 0.6%. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. The ex-dividend date of this dividend was Monday, December 16th. Walt Disney’s dividend payout ratio (DPR) is 36.90%.

Insider Transactions at Walt Disney

In related news, CEO Robert A. Iger sold 372,412 shares of the 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 transaction, the chief executive officer now owns 226,767 shares of the company’s stock, valued at $25,980,695.19. This represents a 62.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Brent Woodford sold 8,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total value of $917,920.00. Following the transaction, the executive vice president now owns 44,055 shares in the company, valued at $5,054,870.70. The trade was a 15.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 385,412 shares of company stock worth $44,153,263. Insiders own 0.10% of the company’s stock.

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.