The Walt Disney Company (NYSE:DIS) Shares Acquired by Krilogy Financial LLC

by · The Cerbat Gem

Krilogy Financial LLC lifted its holdings in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 8.0% during the fourth quarter, Holdings Channel reports. The fund owned 41,316 shares of the entertainment giant’s stock after purchasing an additional 3,046 shares during the quarter. Krilogy Financial LLC’s holdings in Walt Disney were worth $3,730,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. Compton Capital Management Inc. RI boosted its holdings in shares of Walt Disney by 0.5% in the first quarter. Compton Capital Management Inc. RI now owns 20,689 shares of the entertainment giant’s stock valued at $2,838,000 after acquiring an additional 100 shares in the last quarter. Carolinas Wealth Consulting LLC raised its position in Walt Disney by 2.9% in the first quarter. Carolinas Wealth Consulting LLC now owns 3,575 shares of the entertainment giant’s stock worth $490,000 after acquiring an additional 100 shares in the last quarter. Linscomb & Williams Inc. raised its position in Walt Disney by 1.9% in the first quarter. Linscomb & Williams Inc. now owns 5,582 shares of the entertainment giant’s stock worth $766,000 after acquiring an additional 106 shares in the last quarter. First Business Financial Services Inc. lifted its holdings in Walt Disney by 0.7% in the 3rd quarter. First Business Financial Services Inc. now owns 16,514 shares of the entertainment giant’s stock valued at $1,338,000 after acquiring an additional 113 shares during the last quarter. Finally, CoreCap Advisors LLC grew its position in Walt Disney by 0.5% in the fourth quarter. CoreCap Advisors LLC now owns 24,096 shares of the entertainment giant’s stock worth $2,176,000 after buying an additional 118 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on DIS shares. Rosenblatt Securities boosted their target price on Walt Disney from $129.00 to $137.00 and gave the stock a “buy” rating in a research report on Tuesday, April 2nd. Morgan Stanley lifted their target price on shares of Walt Disney from $110.00 to $135.00 and gave the stock an “overweight” rating in a research report on Monday, March 4th. UBS Group lifted their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, March 27th. Wells Fargo & Company upped their price target on Walt Disney from $115.00 to $128.00 and gave the company an “overweight” rating in a research report on Thursday, February 8th. Finally, Evercore ISI upped their target price on Walt Disney from $115.00 to $130.00 and gave the company an “outperform” rating in a report on Monday. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $123.71.

View Our Latest Research Report on DIS

Walt Disney Trading Down 1.1 %

Shares of NYSE DIS traded down $1.29 during midday trading on Wednesday, hitting $116.68. The stock had a trading volume of 4,063,529 shares, compared to its average volume of 12,387,461. The firm has a market cap of $214.03 billion, a P/E ratio of 72.34, a price-to-earnings-growth ratio of 1.70 and a beta of 1.42. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77. The Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74. The company’s 50-day simple moving average is $111.81 and its 200 day simple moving average is $96.92.

Walt Disney (NYSE:DIS – Get Free Report) last released its earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.25. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The firm had revenue of $23.50 billion during the quarter, compared to analyst estimates of $23.71 billion. During the same quarter in the previous year, the business earned $0.99 EPS. The business’s quarterly revenue was down .1% compared to the same quarter last year. Research analysts anticipate that The Walt Disney Company will post 4.66 EPS for the current year.

Walt Disney Cuts Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Thursday, July 25th. Stockholders of record on Monday, July 8th will be issued a $0.45 dividend. The ex-dividend date is Monday, July 8th. This represents a dividend yield of 0.5%. Walt Disney’s dividend payout ratio (DPR) is presently 18.52%.

Insiders Place Their Bets

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $121.92, for a total value of $226,405.44. Following the completion of the transaction, the executive vice president now directly owns 4,400 shares in the company, valued at $536,448. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.10% of the company’s stock.

Walt Disney Profile

(Free Report)

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.

Further Reading

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