Kiley Juergens Wealth Management LLC Decreases Position in The Walt Disney Company (NYSE:DIS)

Kiley Juergens Wealth Management LLC cut its position in The Walt Disney Company (NYSE:DIS) by 17.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 11,055 shares of the entertainment giant’s stock after selling 2,367 shares during the period. Kiley Juergens Wealth Management LLC’s holdings in Walt Disney were worth $998,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Compton Capital Management Inc. RI raised its holdings in shares of Walt Disney by 0.5% during the 1st quarter. Compton Capital Management Inc. RI now owns 20,689 shares of the entertainment giant’s stock worth $2,838,000 after acquiring an additional 100 shares during the period. Carolinas Wealth Consulting LLC raised its holdings in shares of Walt Disney by 2.9% during the 1st 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 during the period. Linscomb & Williams Inc. raised its holdings in shares of Walt Disney by 1.9% during the 1st quarter. Linscomb & Williams Inc. now owns 5,582 shares of the entertainment giant’s stock worth $766,000 after acquiring an additional 106 shares during the period. First Business Financial Services Inc. raised its holdings in shares of Walt Disney by 0.7% during the 3rd quarter. First Business Financial Services Inc. now owns 16,514 shares of the entertainment giant’s stock worth $1,338,000 after acquiring an additional 113 shares during the period. Finally, CoreCap Advisors LLC raised its holdings in shares of Walt Disney by 0.5% during the 4th quarter. CoreCap Advisors LLC now owns 24,096 shares of the entertainment giant’s stock worth $2,176,000 after acquiring an additional 118 shares during the period. 65.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DIS has been the topic of several research analyst reports. Argus boosted their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, April 10th. Macquarie boosted their price objective on shares of Walt Disney from $94.00 to $104.00 and gave the company a “neutral” rating in a report on Thursday, February 8th. Barclays upgraded shares of Walt Disney from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $95.00 to $135.00 in a report on Monday, March 25th. Bank of America boosted their price objective on shares of Walt Disney from $130.00 to $145.00 and gave the company a “buy” rating in a report on Monday, April 1st. Finally, Needham & Company LLC boosted their price objective on shares of Walt Disney from $120.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, March 28th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and a consensus price target of $124.54.

Walt Disney Stock Up 0.8 %

DIS traded up $0.94 on Tuesday, reaching $113.89. The company’s stock had a trading volume of 9,289,456 shares, compared to its average volume of 12,253,987. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $208.91 billion, a price-to-earnings ratio of 70.14, a P/E/G ratio of 1.65 and a beta of 1.42. The Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74. The stock has a 50 day moving average of $113.30 and a two-hundred day moving average of $97.91.

Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.25. The company had revenue of $23.50 billion for the quarter, compared to analyst estimates of $23.71 billion. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. Walt Disney’s revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.99 earnings per share. As a group, analysts forecast that The Walt Disney Company will post 4.66 EPS for the current fiscal year.

Walt Disney Cuts Dividend

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

Insider Buying and Selling

In other news, EVP Sonia L. Coleman sold 1,857 shares of the firm’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $121.92, for a total value of $226,405.44. Following the transaction, the executive vice president now directly owns 4,400 shares in the company, valued at approximately $536,448. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.10% of the stock is currently owned by company insiders.

Walt Disney Company 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.