Mutual Advisors LLC Buys 1,246 Shares of The Walt Disney Company (NYSE:DIS)

Mutual Advisors LLC boosted its stake in shares of The Walt Disney Company (NYSE:DIS) by 1.5% in the 4th quarter, HoldingsChannel reports. The fund owned 85,197 shares of the entertainment giant’s stock after buying an additional 1,246 shares during the quarter. Mutual Advisors LLC’s holdings in Walt Disney were worth $9,070,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Wescott Financial Advisory Group LLC increased its position in shares of Walt Disney by 1.5% in the second quarter. Wescott Financial Advisory Group LLC now owns 7,734 shares of the entertainment giant’s stock valued at $768,000 after acquiring an additional 116 shares during the period. Point72 Hong Kong Ltd purchased a new position in Walt Disney during the 2nd quarter valued at about $378,000. Unisphere Establishment lifted its holdings in Walt Disney by 3.8% in the 2nd quarter. Unisphere Establishment now owns 3,013,500 shares of the entertainment giant’s stock worth $299,210,000 after buying an additional 111,500 shares during the period. Caxton Associates LP increased its stake in shares of Walt Disney by 251.2% during the second quarter. Caxton Associates LP now owns 83,888 shares of the entertainment giant’s stock valued at $8,329,000 after buying an additional 60,000 shares during the period. Finally, AlTi Global Inc. lifted its stake in Walt Disney by 5.4% in the second quarter. AlTi Global Inc. now owns 58,608 shares of the entertainment giant’s stock worth $5,819,000 after acquiring an additional 3,012 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total value of $568,100.00. Following the completion of the transaction, the executive vice president now directly owns 44,055 shares in the company, valued at $5,005,529.10. This represents a 10.19 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Robert A. Iger sold 372,412 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total transaction 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 $25,980,695.19. This trade represents a 62.15 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 385,412 shares of company stock valued at $44,153,263. Company insiders own 0.10% of the company’s stock.

Walt Disney Trading Up 0.1 %

Shares of DIS stock opened at $108.86 on Thursday. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. The firm has a fifty day moving average price of $112.48 and a 200-day moving average price of $99.90. The company has a market cap of $197.14 billion, a price-to-earnings ratio of 40.17, a PEG ratio of 1.94 and a beta of 1.43. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.67.

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. As a group, equities analysts predict 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 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 presently 36.90%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DIS shares. Deutsche Bank Aktiengesellschaft raised their target price on Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and boosted their target price for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Needham & Company LLC increased their price target on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Citigroup reissued a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research note on Wednesday. Finally, Loop Capital raised their target price on shares of Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Five investment analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $125.52.

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.