Shelton Capital Management Sells 10,305 Shares of The Walt Disney Company $DIS

Shelton Capital Management cut its holdings in The Walt Disney Company (NYSE:DIS) by 4.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 207,726 shares of the entertainment giant’s stock after selling 10,305 shares during the period. Shelton Capital Management’s holdings in Walt Disney were worth $25,760,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of DIS. DiNuzzo Private Wealth Inc. grew its position in shares of Walt Disney by 82.5% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock valued at $26,000 after acquiring an additional 94 shares during the period. Harbor Asset Planning Inc. acquired a new stake in Walt Disney in the 2nd quarter valued at about $37,000. RMG Wealth Management LLC bought a new position in Walt Disney during the second quarter worth about $49,000. Legacy Investment Solutions LLC acquired a new position in Walt Disney during the second quarter worth approximately $53,000. Finally, Wolff Wiese Magana LLC raised its stake in Walt Disney by 41.5% in the second quarter. Wolff Wiese Magana LLC now owns 460 shares of the entertainment giant’s stock valued at $57,000 after buying an additional 135 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently commented on DIS shares. Wells Fargo & Company reduced their target price on Walt Disney from $159.00 to $152.00 and set an “overweight” rating for the company in a research note on Friday, November 14th. Rosenblatt Securities reiterated a “buy” rating and issued a $141.00 price objective on shares of Walt Disney in a report on Friday, October 17th. Citigroup reaffirmed a “positive” rating on shares of Walt Disney in a report on Friday, November 14th. UBS Group reissued a “buy” rating and issued a $138.00 price target on shares of Walt Disney in a report on Friday, November 14th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Walt Disney in a report on Friday, November 14th. Eighteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and a consensus price target of $134.41.

Walt Disney Trading Up 0.9%

Shares of DIS opened at $104.35 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The firm has a market cap of $186.29 billion, a price-to-earnings ratio of 16.36, a PEG ratio of 1.45 and a beta of 1.55. The business’s fifty day moving average is $110.37 and its 200-day moving average is $114.91.

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

Walt Disney Dividend Announcement

The firm also recently declared a dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.75 per share. This represents a dividend yield of 139.0%. The ex-dividend date is Tuesday, June 30th. Walt Disney’s payout ratio is 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.