United Asset Strategies Inc. boosted its position in shares of Walt Disney Company (The) (NYSE:DIS) by 441.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,171 shares of the entertainment giant’s stock after buying an additional 37,637 shares during the period. Walt Disney Company (The) accounts for 1.5% of United Asset Strategies Inc.’s investment portfolio, making the stock its 27th largest position. United Asset Strategies Inc.’s holdings in Walt Disney Company (The) were worth $4,245,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Thomas J. Herzfeld Advisors Inc. purchased a new position in Walt Disney Company (The) during the second quarter worth approximately $103,000. Balentine LLC raised its position in Walt Disney Company (The) by 365.8% in the second quarter. Balentine LLC now owns 1,076 shares of the entertainment giant’s stock worth $105,000 after buying an additional 845 shares during the period. Krilogy Financial LLC raised its position in Walt Disney Company (The) by 5.0% in the second quarter. Krilogy Financial LLC now owns 1,292 shares of the entertainment giant’s stock worth $126,000 after buying an additional 61 shares during the period. Cordasco Financial Network raised its position in Walt Disney Company (The) by 149.8% in the second quarter. Cordasco Financial Network now owns 1,501 shares of the entertainment giant’s stock worth $147,000 after buying an additional 900 shares during the period. Finally, Signature Estate & Investment Advisors LLC raised its position in Walt Disney Company (The) by 57.2% in the second quarter. Signature Estate & Investment Advisors LLC now owns 1,613 shares of the entertainment giant’s stock worth $158,000 after buying an additional 587 shares during the period. Institutional investors own 56.73% of the company’s stock.

Institutional Ownership by Quarter for Walt Disney Company (The) (NYSE:DIS)

Shares of Walt Disney Company (NYSE:DIS) opened at 108.06 on Friday. The stock’s 50 day moving average is $104.17 and its 200-day moving average is $97.36. The company has a market cap of $171.97 billion, a PE ratio of 18.86 and a beta of 1.23. Walt Disney Company has a one year low of $86.25 and a one year high of $109.49.

Walt Disney Company (The) (NYSE:DIS) last issued its quarterly earnings results on Thursday, November 10th. The entertainment giant reported $1.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.16 by $0.06. The company earned $13.14 billion during the quarter, compared to the consensus estimate of $13.71 billion. Walt Disney Company (The) had a return on equity of 19.81% and a net margin of 16.88%. The firm’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.20 earnings per share. Equities research analysts expect that Walt Disney Company will post $5.93 earnings per share for the current year.

The business also recently declared a semiannual dividend, which was paid on Wednesday, January 11th. Investors of record on Monday, December 12th were given a $0.78 dividend. The ex-dividend date of this dividend was Thursday, December 8th. This is an increase from Walt Disney Company (The)’s previous semiannual dividend of $0.71. This represents a yield of 1.58%. Walt Disney Company (The)’s dividend payout ratio (DPR) is currently 27.27%.

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A number of equities analysts have recently commented on the stock. restated a “buy” rating and issued a $108.00 price objective on shares of Walt Disney Company (The) in a research report on Friday, November 11th. Sanford C. Bernstein reiterated a “hold” rating and set a $102.00 target price on shares of Walt Disney Company (The) in a research report on Thursday, December 1st. Brean Capital reiterated a “hold” rating on shares of Walt Disney Company (The) in a research report on Thursday, October 27th. Pivotal Research lowered shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and dropped their target price for the company from $108.00 to $102.00 in a research report on Friday, November 11th. Finally, BMO Capital Markets reiterated a “hold” rating and set a $90.00 target price on shares of Walt Disney Company (The) in a research report on Friday, November 11th. Four research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $110.64.

In related news, EVP Brent Woodford sold 2,000 shares of the firm’s stock in a transaction on Friday, January 6th. The stock was sold at an average price of $108.50, for a total value of $217,000.00. Following the completion of the sale, the executive vice president now directly owns 27,745 shares in the company, valued at $3,010,332.50. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Alan N. Braverman sold 19,871 shares of the firm’s stock in a transaction on Wednesday, November 16th. The stock was sold at an average price of $99.00, for a total value of $1,967,229.00. Following the completion of the sale, the executive vice president now owns 135,614 shares of the company’s stock, valued at $13,425,786. The disclosure for this sale can be found here. 13.00% of the stock is owned by corporate insiders.

Walt Disney Company (The) Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

5 Day Chart for NYSE:DIS

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