Client 1ST Advisory Group LLC Makes New $313,000 Investment in The Walt Disney Company (NYSE:DIS)

Client 1ST Advisory Group LLC bought a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 2,808 shares of the entertainment giant's stock, valued at approximately $313,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of DIS. William B. Walkup & Associates Inc. purchased a new stake in shares of Walt Disney in the 2nd quarter valued at $32,000. Friedenthal Financial bought a new position in Walt Disney during the 4th quarter valued at approximately $49,000. First PREMIER Bank increased its stake in shares of Walt Disney by 98.1% during the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant's stock valued at $50,000 after buying an additional 256 shares during the period. Retirement Wealth Solutions LLC bought a new stake in Walt Disney in the fourth quarter valued at $50,000. Finally, FSA Wealth Management LLC bought a new position in Walt Disney in the 3rd quarter worth $51,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on DIS. Macquarie restated a "neutral" rating and issued a $110.00 target price on shares of Walt Disney in a research note on Monday, January 6th. Deutsche Bank Aktiengesellschaft lifted their price objective on Walt Disney from $115.00 to $131.00 and gave the company a "buy" rating in a research note on Friday, November 15th. Morgan Stanley upped their price target on shares of Walt Disney from $110.00 to $125.00 and gave the stock an "overweight" rating in a research note on Friday, November 15th. Seaport Res Ptn upgraded Walt Disney from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 30th. Finally, Rosenblatt Securities raised their price objective on shares of Walt Disney from $122.00 to $135.00 and gave the stock a "buy" rating in a report on Monday, December 16th. Five equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Walt Disney currently has an average rating of "Moderate Buy" and an average price target of $125.54.

Walt Disney Price Performance

Shares of NYSE DIS traded up $0.61 during mid-day trading on Monday, hitting $107.07. 7,103,097 shares of the company's stock traded hands, compared to its average volume of 6,534,095. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.67. The company's 50-day moving average is $112.08 and its two-hundred day moving average is $99.70. The company has a market capitalization of $193.90 billion, a P/E ratio of 39.51, a PEG ratio of 1.94 and a beta of 1.43.

Walt Disney (NYSE:DIS - Get Free Report) last announced its earnings results on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.05. The business had revenue of $22.57 billion during the quarter, compared to analyst estimates of $22.49 billion. Walt Disney had a return on equity of 9.21% and a net margin of 5.44%. The company's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.82 earnings per share. On average, equities analysts anticipate that The Walt Disney Company will post 5.41 EPS for the current fiscal year.

Walt Disney Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, December 16th were given a dividend of $0.50 per share. This is an increase from Walt Disney's previous semi-annual dividend of $0.45. The ex-dividend date was Monday, December 16th. This represents a yield of 0.6%. Walt Disney's dividend payout ratio (DPR) is 36.90%.

Insider Activity

In related news, EVP Brent Woodford sold 5,000 shares of the stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total value of $568,100.00. Following the completion of the transaction, the executive vice president now directly owns 44,055 shares of the company's stock, valued at $5,005,529.10. This trade represents a 10.19 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Robert A. Iger sold 372,412 shares of the firm's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the completion of the transaction, the chief executive officer now directly owns 226,767 shares of the company's stock, valued at approximately $25,980,695.19. This represents a 62.15 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 385,412 shares of company stock worth $44,153,263. Corporate insiders own 0.10% of the company's stock.

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.