Advyzon Investment Management LLC Purchases New Holdings in The Walt Disney Company (NYSE:DIS)

Advyzon Investment Management LLC acquired a new position in The Walt Disney Company (NYSE:DIS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,355 shares of the entertainment giant’s stock, valued at approximately $262,000.

Other institutional investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC boosted its position in shares of Walt Disney by 4.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 107,880 shares of the entertainment giant’s stock valued at $10,377,000 after acquiring an additional 4,878 shares in the last quarter. Elevated Capital Advisors LLC lifted its stake in Walt Disney by 26.5% during the third quarter. Elevated Capital Advisors LLC now owns 8,312 shares of the entertainment giant’s stock worth $800,000 after purchasing an additional 1,740 shares during the period. Wallington Asset Management LLC boosted its holdings in Walt Disney by 1.1% during the third quarter. Wallington Asset Management LLC now owns 48,696 shares of the entertainment giant’s stock valued at $4,684,000 after purchasing an additional 534 shares in the last quarter. McAdam LLC boosted its holdings in Walt Disney by 11.8% during the third quarter. McAdam LLC now owns 4,104 shares of the entertainment giant’s stock valued at $395,000 after purchasing an additional 433 shares in the last quarter. Finally, Capital Investment Counsel Inc grew its stake in shares of Walt Disney by 1.2% in the 3rd quarter. Capital Investment Counsel Inc now owns 42,691 shares of the entertainment giant’s stock valued at $4,106,000 after purchasing an additional 505 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total value of $917,920.00. Following the completion of the sale, the executive vice president now owns 44,055 shares of the company’s stock, valued at approximately $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.16% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently commented on the company. Jefferies Financial Group started coverage on Walt Disney in a research note on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price target on the stock. Guggenheim boosted their target price on shares of Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Loop Capital upped their target price on shares of Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Wells Fargo & Company lifted their price target on shares of Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Finally, TD Cowen upped their price objective on shares of Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a research note on Friday, November 15th. Six investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and an average price target of $125.85.

Walt Disney Trading Down 0.7 %

DIS opened at $110.52 on Friday. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a market cap of $199.80 billion, a price-to-earnings ratio of 36.00, a price-to-earnings-growth ratio of 1.78 and a beta of 1.42. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The firm has a 50 day simple moving average of $110.80 and a 200 day simple moving average of $102.34.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. On average, sell-side analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were paid a $0.50 dividend. The ex-dividend date of this dividend was Monday, December 16th. This is a boost from Walt Disney’s previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. Walt Disney’s dividend payout ratio is 32.57%.

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.