The Walt Disney Company $DIS Shares Acquired by West Family Investments Inc.

West Family Investments Inc. boosted its position in The Walt Disney Company (NYSE:DIS) by 15.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,091 shares of the entertainment giant’s stock after buying an additional 829 shares during the period. West Family Investments Inc.’s holdings in Walt Disney were worth $755,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in DIS. Kondo Wealth Advisors Inc. grew its position in Walt Disney by 1.2% during the 2nd quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant’s stock worth $904,000 after purchasing an additional 84 shares during the period. Cornerstone Advisory LLC boosted its stake in shares of Walt Disney by 1.5% in the second quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant’s stock worth $730,000 after buying an additional 86 shares during the last quarter. Physician Wealth Advisors Inc. grew its holdings in Walt Disney by 3.5% during the second quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock worth $323,000 after acquiring an additional 87 shares during the period. Childress Capital Advisors LLC raised its position in Walt Disney by 3.3% during the second quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock valued at $341,000 after acquiring an additional 87 shares in the last quarter. Finally, Apollon Financial LLC raised its position in Walt Disney by 1.5% during the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock valued at $755,000 after acquiring an additional 87 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of analyst reports. UBS Group reaffirmed a “buy” rating and set a $138.00 price objective on shares of Walt Disney in a research note on Friday, November 14th. KeyCorp reissued a “sector weight” rating on shares of Walt Disney in a report on Friday, November 14th. Cowen reaffirmed a “hold” rating on shares of Walt Disney in a report on Friday, November 14th. Arete Research upgraded Walt Disney to a “strong sell” rating in a research report on Tuesday, October 28th. Finally, Raymond James Financial reissued a “market perform” rating on shares of Walt Disney in a research note on Friday, November 14th. Eighteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $134.41.

Walt Disney Price Performance

Shares of Walt Disney stock opened at $104.35 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The business has a 50 day simple moving average of $110.37 and a two-hundred day simple moving average of $114.87. The stock has a market capitalization of $186.29 billion, a P/E ratio of 16.36, a PEG ratio of 1.45 and a beta of 1.55. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, topping the consensus estimate of $1.03 by $0.08. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm had revenue of $22.46 billion during the quarter, compared to analysts’ expectations of $22.78 billion. During the same period in the previous year, the business earned $1.14 earnings per share. The firm’s revenue for the quarter was down .5% on a year-over-year basis. As a group, analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Announces Dividend

The business also recently declared a dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be given a $0.75 dividend. The ex-dividend date is Tuesday, June 30th. This represents a dividend yield of 139.0%. Walt Disney’s dividend payout ratio is 21.87%.

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.