Alliance Wealth Advisors LLC UT Has $932,000 Stock Position in The Walt Disney Company (NYSE:DIS)

Alliance Wealth Advisors LLC UT increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 5.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,320 shares of the entertainment giant’s stock after buying an additional 575 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in Walt Disney were worth $932,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DIS. Avitas Wealth Management LLC raised its holdings in Walt Disney by 2.2% during the 4th quarter. Avitas Wealth Management LLC now owns 11,037 shares of the entertainment giant’s stock worth $997,000 after purchasing an additional 238 shares during the last quarter. WNY Asset Management LLC raised its holdings in Walt Disney by 32.8% during the 3rd quarter. WNY Asset Management LLC now owns 9,321 shares of the entertainment giant’s stock worth $756,000 after purchasing an additional 2,304 shares during the last quarter. Pathway Financial Advisors LLC raised its holdings in Walt Disney by 4.9% during the 3rd quarter. Pathway Financial Advisors LLC now owns 3,024 shares of the entertainment giant’s stock worth $245,000 after purchasing an additional 141 shares during the last quarter. Telos Capital Management Inc. raised its holdings in Walt Disney by 1.7% during the 4th quarter. Telos Capital Management Inc. now owns 74,767 shares of the entertainment giant’s stock worth $6,751,000 after purchasing an additional 1,236 shares during the last quarter. Finally, Tempus Wealth Planning LLC raised its holdings in Walt Disney by 4.5% during the 3rd quarter. Tempus Wealth Planning LLC now owns 12,722 shares of the entertainment giant’s stock worth $1,031,000 after purchasing an additional 546 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Performance

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

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

Walt Disney Cuts Dividend

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

Insiders Place Their Bets

In related news, EVP Sonia L. Coleman sold 1,857 shares of the firm’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $121.92, for a total value of $226,405.44. Following the transaction, the executive vice president now owns 4,400 shares in the company, valued at $536,448. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on DIS. UBS Group boosted their price objective on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, March 27th. Daiwa Capital Markets reaffirmed a “buy” rating and issued a $133.00 price target on shares of Walt Disney in a research note on Monday, April 1st. Macquarie upped their price target on Walt Disney from $94.00 to $104.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. Raymond James upped their price target on Walt Disney from $112.00 to $128.00 and gave the company an “outperform” rating in a research note on Tuesday, March 26th. Finally, Evercore ISI increased their target price on Walt Disney from $115.00 to $130.00 and gave the stock an “outperform” rating in a research note on Monday, April 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have issued a buy rating to the stock. According to MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and a consensus target price of $125.08.

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.