Advyzon Investment Management LLC Acquires New Holdings in The Walt Disney Company (NYSE:DIS)

Advyzon Investment Management LLC bought a new position in shares of The Walt Disney Company (NYSE:DIS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,355 shares of the entertainment giant’s stock, valued at approximately $262,000.

Several other institutional investors and hedge funds also recently made changes to their positions in DIS. Bay Harbor Wealth Management LLC bought a new position in shares of Walt Disney during the 4th quarter worth approximately $35,000. Hager Investment Management Services LLC acquired a new stake in shares of Walt Disney in the fourth quarter valued at about $43,000. Cedar Mountain Advisors LLC raised its holdings in Walt Disney by 38.1% during the fourth quarter. Cedar Mountain Advisors LLC now owns 399 shares of the entertainment giant’s stock worth $44,000 after acquiring an additional 110 shares in the last quarter. Friedenthal Financial acquired a new position in Walt Disney during the fourth quarter valued at approximately $49,000. Finally, Retirement Wealth Solutions LLC bought a new position in Walt Disney in the fourth quarter valued at approximately $50,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Price Performance

Walt Disney stock opened at $110.52 on Friday. The stock’s fifty day moving average price is $110.80 and its two-hundred day moving average price is $102.34. The firm has a market cap of $199.80 billion, a PE ratio of 36.00, a price-to-earnings-growth ratio of 1.78 and a beta of 1.42. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results 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%. As a group, research analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Increases Dividend

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

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the company’s 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 completion of the sale, the executive vice president now directly owns 44,055 shares in the company, valued at $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.16% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft increased their price objective on Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a report on Friday, November 15th. Morgan Stanley increased their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Rosenblatt Securities restated a “buy” rating and set a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Wells Fargo & Company lifted their price target on Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Finally, Citigroup reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a research report on Wednesday, January 22nd. Six analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $125.85.

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.