Schwarz Dygos Wheeler Investment Advisors LLC Acquires 302 Shares of The Walt Disney Company (NYSE:DIS)

Schwarz Dygos Wheeler Investment Advisors LLC raised its holdings in The Walt Disney Company (NYSE:DIS) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,190 shares of the entertainment giant’s stock after acquiring an additional 302 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Walt Disney were worth $1,642,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Planned Solutions Inc. bought a new stake in Walt Disney during the 4th quarter worth $26,000. Fortis Group Advisors LLC bought a new stake in shares of Walt Disney during the third quarter worth about $30,000. Stone House Investment Management LLC increased its stake in shares of Walt Disney by 355.3% in the fourth quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock valued at $31,000 after buying an additional 270 shares during the period. Evolution Advisers Inc. raised its holdings in Walt Disney by 38.2% in the 4th quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock valued at $34,000 after buying an additional 105 shares during the last quarter. Finally, Orion Capital Management LLC acquired a new stake in Walt Disney during the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on DIS shares. Rosenblatt Securities increased their target price on shares of Walt Disney from $129.00 to $137.00 and gave the company a “buy” rating in a research report on Tuesday, April 2nd. Guggenheim lifted their target price on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, April 3rd. Raymond James increased their price target on Walt Disney from $112.00 to $128.00 and gave the stock an “outperform” rating in a report on Tuesday, March 26th. The Goldman Sachs Group lowered their price objective on shares of Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, February 8th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Walt Disney from $115.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $125.08.

Insider Buying and Selling at Walt Disney

In other news, EVP Sonia L. Coleman sold 1,857 shares of the stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.10% of the company’s stock.

Walt Disney Stock Performance

Walt Disney stock traded down $0.04 during mid-day trading on Friday, reaching $112.73. The company’s stock had a trading volume of 6,304,843 shares, compared to its average volume of 9,049,604. The firm’s fifty day moving average price is $114.18 and its two-hundred day moving average price is $99.66. The Walt Disney Company has a 12-month low of $78.73 and a 12-month high of $123.74. The company has a market capitalization of $206.78 billion, a P/E ratio of 69.59, a PEG ratio of 1.39 and a beta of 1.42. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.77 and a current ratio of 0.84.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.25. The business had revenue of $23.50 billion for the quarter, compared to the consensus estimate of $23.71 billion. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. Walt Disney’s quarterly revenue was down .1% on a year-over-year basis. During the same period last year, the firm posted $0.99 earnings per share. Sell-side analysts predict that The Walt Disney Company will post 4.66 EPS for the current fiscal year.

Walt Disney Cuts Dividend

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

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.