SWS Partners Buys 156 Shares of The Walt Disney Company (NYSE:DIS)

SWS Partners lifted its stake in shares of The Walt Disney Company (NYSE:DIS) by 1.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 14,997 shares of the entertainment giant’s stock after buying an additional 156 shares during the quarter. SWS Partners’ holdings in Walt Disney were worth $1,677,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. FPC Investment Advisory Inc. acquired a new stake in Walt Disney during the fourth quarter worth approximately $28,000. Tacita Capital Inc increased its stake in shares of Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after purchasing an additional 124 shares during the period. Midwest Capital Advisors LLC acquired a new stake in Walt Disney during the 4th quarter worth approximately $34,000. Bay Harbor Wealth Management LLC bought a new stake in Walt Disney in the 4th quarter valued at $35,000. Finally, Hager Investment Management Services LLC acquired a new position in Walt Disney in the 4th quarter valued at $43,000. Institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on DIS shares. TD Cowen lifted their target price on Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a report on Friday, November 15th. Prescient Securities dropped their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. The Goldman Sachs Group increased their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Sanford C. Bernstein lifted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday, November 15th. Finally, Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and increased their price target for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Six investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and an average target price of $125.44.

Walt Disney Price Performance

DIS stock opened at $112.69 on Tuesday. 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 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The stock has a market cap of $203.72 billion, a price-to-earnings ratio of 36.71, a P/E/G ratio of 1.80 and a beta of 1.42. The company has a 50 day simple moving average of $110.70 and a 200 day simple moving average of $103.66.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating 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%. Research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Increases Dividend

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

Insider Activity

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the business’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 transaction of $917,920.00. Following the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,054,870.70. The trade was a 15.37 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.16% of the stock is currently owned by insiders.

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.