Financial Avengers Inc. Has $6.38 Million Stake in The Walt Disney Company $DIS

Financial Avengers Inc. reduced its holdings in shares of The Walt Disney Company (NYSE:DIS) by 3.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,409 shares of the entertainment giant’s stock after selling 1,566 shares during the period. Walt Disney accounts for approximately 3.0% of Financial Avengers Inc.’s investment portfolio, making the stock its 11th biggest holding. Financial Avengers Inc.’s holdings in Walt Disney were worth $6,375,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kondo Wealth Advisors Inc. increased its holdings in Walt Disney by 1.2% in the second quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant’s stock worth $904,000 after purchasing an additional 84 shares in the last quarter. Cornerstone Advisory LLC increased its stake in shares of Walt Disney by 1.5% in the 2nd quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant’s stock valued at $730,000 after acquiring an additional 86 shares in the last quarter. Physician Wealth Advisors Inc. increased its stake in shares of Walt Disney by 3.5% in the 2nd quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock valued at $323,000 after acquiring an additional 87 shares in the last quarter. Childress Capital Advisors LLC lifted its position in shares of Walt Disney by 3.3% during the 2nd quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock valued at $341,000 after acquiring an additional 87 shares during the period. Finally, Apollon Financial LLC boosted its stake in Walt Disney by 1.5% during the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock worth $755,000 after acquiring an additional 87 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Performance

DIS stock opened at $103.44 on Thursday. 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 firm has a market cap of $184.67 billion, a PE ratio of 16.21, a P/E/G ratio of 1.45 and a beta of 1.55. The business has a 50 day moving average of $110.79 and a 200-day moving average of $114.99. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69.

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

Walt Disney Dividend Announcement

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

Analysts Set New Price Targets

DIS has been the topic of several research reports. Wells Fargo & Company dropped their price objective on shares of Walt Disney from $159.00 to $152.00 and set an “overweight” rating on the stock in a report on Friday, November 14th. Guggenheim reiterated a “buy” rating and issued a $140.00 price target on shares of Walt Disney in a report on Friday, November 14th. Citigroup reissued a “positive” rating on shares of Walt Disney in a research note on Friday, November 14th. UBS Group reaffirmed a “buy” rating and set a $138.00 target price on shares of Walt Disney in a research report on Friday, November 14th. Finally, Stephens reissued a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Eighteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $134.41.

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.