The Walt Disney Company $DIS Shares Sold by Wiser Advisor Group LLC

Wiser Advisor Group LLC lowered its position in shares of The Walt Disney Company (NYSE:DIS) by 40.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,965 shares of the entertainment giant’s stock after selling 1,315 shares during the quarter. Wiser Advisor Group LLC’s holdings in Walt Disney were worth $244,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC acquired a new position in Walt Disney in the second quarter worth $4,220,599,000. Nuveen LLC bought a new position in Walt Disney in the 1st quarter worth about $1,353,607,000. Boston Partners increased its position in Walt Disney by 83.7% in the 2nd quarter. Boston Partners now owns 6,904,741 shares of the entertainment giant’s stock valued at $854,537,000 after acquiring an additional 3,146,450 shares during the period. Diamond Hill Capital Management Inc. increased its holdings in shares of Walt Disney by 1,080.7% during the first quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock valued at $277,993,000 after purchasing an additional 2,578,004 shares during the period. Finally, Vanguard Group Inc. increased its stake in Walt Disney by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock valued at $15,383,615,000 after buying an additional 2,446,087 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Down 7.8%

Walt Disney stock opened at $107.57 on Friday. The firm has a market cap of $193.41 billion, a PE ratio of 16.86, a P/E/G ratio of 1.45 and a beta of 1.55. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. 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 firm’s 50 day moving average price is $113.03 and its two-hundred day moving average price is $114.30.

Walt Disney (NYSE:DIS) last issued its earnings results 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. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $22.46 billion for the quarter, compared to analyst estimates of $22.78 billion. During the same period in the prior year, the firm posted $1.14 EPS. The business’s revenue was down .5% compared to the same quarter last year. On average, research analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be given a dividend of $0.75 per share. This represents a yield of 139.0%. The ex-dividend date of this dividend is Tuesday, June 30th. Walt Disney’s dividend payout ratio (DPR) is presently 15.67%.

Analyst Ratings Changes

A number of analysts have recently commented on DIS shares. Morgan Stanley boosted their price objective on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Raymond James Financial restated a “market perform” rating on shares of Walt Disney in a report on Friday. Arete Research upgraded shares of Walt Disney to a “strong sell” rating in a report on Tuesday, October 28th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Walt Disney in a report on Wednesday, October 8th. Nineteen analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $132.90.

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.