First Command Advisory Services Inc. Purchases 462 Shares of The Walt Disney Company (NYSE:DIS)

First Command Advisory Services Inc. raised its holdings in shares of The Walt Disney Company (NYSE:DIS) by 6.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 8,146 shares of the entertainment giant’s stock after purchasing an additional 462 shares during the quarter. First Command Advisory Services Inc.’s holdings in Walt Disney were worth $907,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Hunter Associates Investment Management LLC increased its stake in Walt Disney by 4.8% in the 3rd quarter. Hunter Associates Investment Management LLC now owns 6,595 shares of the entertainment giant’s stock worth $635,000 after buying an additional 300 shares during the period. Integrated Advisors Network LLC grew its stake in Walt Disney by 2.7% in the 3rd quarter. Integrated Advisors Network LLC now owns 21,337 shares of the entertainment giant’s stock worth $2,052,000 after acquiring an additional 558 shares in the last quarter. Valmark Advisers Inc. increased its position in shares of Walt Disney by 10.3% during the third quarter. Valmark Advisers Inc. now owns 10,435 shares of the entertainment giant’s stock worth $1,004,000 after acquiring an additional 971 shares during the period. Jacobsen Capital Management raised its stake in shares of Walt Disney by 6.9% during the third quarter. Jacobsen Capital Management now owns 2,480 shares of the entertainment giant’s stock valued at $239,000 after acquiring an additional 159 shares in the last quarter. Finally, Mutual Advisors LLC boosted its holdings in shares of Walt Disney by 2.7% in the third quarter. Mutual Advisors LLC now owns 83,951 shares of the entertainment giant’s stock valued at $8,009,000 after purchasing an additional 2,188 shares during the period. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Up 1.2 %

Shares of DIS opened at $111.82 on Thursday. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The firm has a market cap of $202.14 billion, a P/E ratio of 36.42, a PEG ratio of 1.80 and a beta of 1.42. The stock’s 50 day moving average is $110.64 and its two-hundred day moving average is $103.10. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

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

Insider Activity at Walt Disney

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

Analyst Ratings Changes

Several research analysts have commented on the company. Prescient Securities reduced their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. TD Cowen lifted their price objective on Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a report on Friday, November 15th. Sanford C. Bernstein increased their target price on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, November 15th. The Goldman Sachs Group boosted their price target on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Finally, Guggenheim increased their price objective 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. Six research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $125.44.

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.