Burt Wealth Advisors Sells 194 Shares of The Walt Disney Company (NYSE:DIS)

Burt Wealth Advisors decreased its position in shares of The Walt Disney Company (NYSE:DIS) by 5.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,410 shares of the entertainment giant’s stock after selling 194 shares during the quarter. Burt Wealth Advisors’ holdings in Walt Disney were worth $380,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DIS. FPC Investment Advisory Inc. acquired a new stake in shares of Walt Disney during the fourth quarter worth about $28,000. Tacita Capital Inc raised its holdings in Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after buying an additional 124 shares during the period. Midwest Capital Advisors LLC bought a new position in Walt Disney in the fourth quarter valued at approximately $34,000. Bay Harbor Wealth Management LLC acquired a new position in shares of Walt Disney in the fourth quarter valued at approximately $35,000. Finally, Hager Investment Management Services LLC bought a new stake in shares of Walt Disney during the fourth quarter worth $43,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DIS. Morgan Stanley upped their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Guggenheim increased their price objective on Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Evercore ISI boosted their target price on Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Bank of America raised their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Finally, Loop Capital boosted their price objective on shares of Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Six investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.44.

Walt Disney Price Performance

Walt Disney stock opened at $112.69 on Tuesday. The company has a market capitalization of $203.72 billion, a price-to-earnings ratio of 36.71, a PEG ratio of 1.80 and a beta of 1.42. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The stock’s 50 day moving average is $110.70 and its 200-day moving average is $103.66.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Equities research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were given a dividend of $0.50 per share. The ex-dividend date was Monday, December 16th. This represents a yield of 0.6%. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s dividend payout ratio is currently 32.57%.

Insiders Place Their Bets

In other news, EVP Brent Woodford sold 8,000 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total transaction of $917,920.00. Following the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,054,870.70. This represents a 15.37 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.16% 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.