Traub Capital Management LLC Acquires Shares of 1,717 The Walt Disney Company $DIS

Traub Capital Management LLC acquired a new position in The Walt Disney Company (NYSE:DIS) in the 2nd quarter, HoldingsChannel reports. The fund acquired 1,717 shares of the entertainment giant’s stock, valued at approximately $213,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. bought a new position in Walt Disney in the 1st quarter worth approximately $26,000. DiNuzzo Private Wealth Inc. boosted its holdings in shares of Walt Disney by 82.5% in the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after acquiring an additional 94 shares during the period. Harbor Asset Planning Inc. purchased a new position in shares of Walt Disney in the second quarter valued at $37,000. RMG Wealth Management LLC purchased a new stake in Walt Disney during the 2nd quarter worth about $49,000. Finally, Wealth Preservation Advisors LLC bought a new position in Walt Disney in the 1st quarter worth about $53,000. 65.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on DIS shares. Cowen reissued a “hold” rating on shares of Walt Disney in a report on Friday. UBS Group reiterated a “buy” rating and issued a $138.00 target price on shares of Walt Disney in a research note on Friday. JPMorgan Chase & Co. raised their price target on shares of Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a report on Tuesday, July 29th. Stephens reaffirmed a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Arete Research upgraded Walt Disney to a “strong sell” rating in a research report on Tuesday, October 28th. Eighteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $134.41.

Walt Disney Stock Performance

Walt Disney stock opened at $106.34 on Wednesday. The firm has a fifty day simple moving average of $112.31 and a two-hundred day simple moving average of $114.94. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The company has a market capitalization of $189.85 billion, a PE ratio of 16.67, a P/E/G ratio of 1.45 and a beta of 1.55.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, topping the consensus estimate of $1.03 by $0.08. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm had revenue of $22.46 billion for the quarter, compared to the consensus estimate of $22.78 billion. During the same quarter in the previous year, the business earned $1.14 earnings per share. The company’s quarterly revenue was down .5% on a year-over-year basis. Research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be given a $0.75 dividend. The ex-dividend date is Tuesday, June 30th. This represents a yield of 139.0%. Walt Disney’s payout ratio is presently 21.87%.

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.