180 Wealth Advisors LLC Decreases Stock Position in The Walt Disney Company (NYSE:DIS)

180 Wealth Advisors LLC decreased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 3.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 5,025 shares of the entertainment giant’s stock after selling 199 shares during the period. 180 Wealth Advisors LLC’s holdings in Walt Disney were worth $560,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Rosenberg Matthew Hamilton boosted its stake in Walt Disney by 24.3% in the 4th quarter. Rosenberg Matthew Hamilton now owns 1,265 shares of the entertainment giant’s stock worth $141,000 after purchasing an additional 247 shares in the last quarter. Global Financial Private Client LLC raised its holdings in shares of Walt Disney by 7.0% in the fourth quarter. Global Financial Private Client LLC now owns 18,603 shares of the entertainment giant’s stock worth $2,071,000 after buying an additional 1,219 shares during the last quarter. Horizon Bancorp Inc. IN lifted its stake in shares of Walt Disney by 7.3% during the fourth quarter. Horizon Bancorp Inc. IN now owns 1,997 shares of the entertainment giant’s stock worth $222,000 after buying an additional 136 shares during the period. Wright Investors Service Inc. grew its holdings in shares of Walt Disney by 72.5% during the fourth quarter. Wright Investors Service Inc. now owns 8,665 shares of the entertainment giant’s stock valued at $965,000 after buying an additional 3,643 shares during the last quarter. Finally, Grandview Asset Management LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at $433,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of NYSE DIS opened at $108.03 on Wednesday. The firm has a fifty day moving average of $111.58 and a 200 day moving average of $99.51. The firm has a market cap of $195.64 billion, a PE ratio of 39.86, a PEG ratio of 2.03 and a beta of 1.43. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.67 and a current ratio of 0.73.

Walt Disney (NYSE:DIS) last announced its earnings results on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. Walt Disney had a return on equity of 9.21% and a net margin of 5.44%. The company had revenue of $22.57 billion for the quarter, compared to analyst estimates of $22.49 billion. During the same quarter in the previous year, the company earned $0.82 earnings per share. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. As a group, research analysts predict that The Walt Disney Company will post 5.41 EPS for the current fiscal year.

Walt Disney Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Thursday, January 16th. Shareholders of record on Monday, December 16th will be given a $0.50 dividend. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. This represents a yield of 0.6%. The ex-dividend date is Monday, December 16th. Walt Disney’s payout ratio is currently 36.90%.

Insiders Place Their Bets

In related news, EVP Brent Woodford sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total transaction of $568,100.00. Following the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,005,529.10. This represents a 10.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert A. Iger sold 372,412 shares of the stock in a transaction that occurred 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 sale, the chief executive officer now owns 226,767 shares in the company, valued at approximately $25,980,695.19. This trade represents a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 385,412 shares of company stock worth $44,153,263 over the last three months. Company insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

DIS has been the subject of a number of research reports. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Macquarie reiterated a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Wells Fargo & Company increased their price target on shares of Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Evercore ISI lifted their price objective on shares of Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Finally, Rosenblatt Securities increased their price objective on shares of Walt Disney from $122.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Five research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $125.54.

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.