Unique Wealth Strategies LLC Makes New $1.29 Million Investment in The Walt Disney Company (NYSE:DIS)

Unique Wealth Strategies LLC purchased a new stake in The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,265 shares of the entertainment giant’s stock, valued at approximately $1,288,000. Walt Disney accounts for 0.9% of Unique Wealth Strategies LLC’s investment portfolio, making the stock its 28th biggest holding.

A number of other hedge funds also recently made changes to their positions in DIS. Alliance Wealth Advisors LLC UT boosted its position in Walt Disney by 5.9% during the 4th quarter. Alliance Wealth Advisors LLC UT now owns 10,320 shares of the entertainment giant’s stock worth $932,000 after acquiring an additional 575 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC raised its stake in shares of Walt Disney by 1.7% during the fourth quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 18,190 shares of the entertainment giant’s stock valued at $1,642,000 after purchasing an additional 302 shares in the last quarter. Private Wealth Partners LLC lifted its holdings in Walt Disney by 18.2% in the fourth quarter. Private Wealth Partners LLC now owns 36,573 shares of the entertainment giant’s stock worth $3,302,000 after purchasing an additional 5,620 shares during the period. Valmark Advisers Inc. grew its position in Walt Disney by 4.9% in the 4th quarter. Valmark Advisers Inc. now owns 7,744 shares of the entertainment giant’s stock valued at $699,000 after buying an additional 359 shares in the last quarter. Finally, Addison Advisors LLC increased its stake in Walt Disney by 6.8% during the 4th quarter. Addison Advisors LLC now owns 6,138 shares of the entertainment giant’s stock valued at $554,000 after buying an additional 391 shares during the period. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Down 0.0 %

Walt Disney stock traded down $0.04 during mid-day trading on Friday, hitting $112.73. The company’s stock had a trading volume of 6,304,843 shares, compared to its average volume of 9,049,604. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77. The Walt Disney Company has a 52-week low of $78.73 and a 52-week high of $123.74. The firm’s 50 day moving average is $114.18 and its 200 day moving average is $99.66. The company has a market cap of $206.78 billion, a PE ratio of 69.59, a price-to-earnings-growth ratio of 1.39 and a beta of 1.42.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.25. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The business had revenue of $23.50 billion during the quarter, compared to analyst estimates of $23.71 billion. During the same period in the prior year, the firm earned $0.99 earnings per share. The firm’s revenue was down .1% compared to the same quarter last year. On average, analysts anticipate that The Walt Disney Company will post 4.66 earnings per share for the current year.

Walt Disney Cuts Dividend

The business also recently declared a semi-annual dividend, which will be paid on Thursday, July 25th. Stockholders of record on Monday, July 8th will be issued a dividend of $0.45 per share. This represents a dividend yield of 0.5%. The ex-dividend date is Monday, July 8th. Walt Disney’s dividend payout ratio is currently 18.52%.

Wall Street Analyst Weigh In

DIS has been the topic of several recent analyst reports. Guggenheim boosted their target price on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, April 3rd. Macquarie upped their price objective on Walt Disney from $94.00 to $104.00 and gave the company a “neutral” rating in a report on Thursday, February 8th. Evercore ISI lifted their target price on Walt Disney from $115.00 to $130.00 and gave the stock an “outperform” rating in a report on Monday, April 8th. Raymond James boosted their price target on shares of Walt Disney from $112.00 to $128.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 26th. Finally, Morgan Stanley raised their price objective on shares of Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a research report on Monday, March 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $125.08.

Insider Transactions at Walt Disney

In related news, EVP Sonia L. Coleman sold 1,857 shares of Walt Disney stock in a transaction on Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the completion of the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at $536,448. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.10% of the stock is currently owned by company insiders.

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.