The Walt Disney Company $DIS Shares Sold by Oxler Private Wealth LLC

Oxler Private Wealth LLC lessened its holdings in The Walt Disney Company (NYSE:DIS) by 9.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,104 shares of the entertainment giant’s stock after selling 624 shares during the quarter. Oxler Private Wealth LLC’s holdings in Walt Disney were worth $757,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Kondo Wealth Advisors Inc. grew its position in shares of Walt Disney by 1.2% during the 2nd quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant’s stock valued at $904,000 after buying an additional 84 shares during the last quarter. Cornerstone Advisory LLC lifted its holdings in 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 acquiring an additional 86 shares during the last quarter. Physician Wealth Advisors Inc. grew its holdings in shares of Walt Disney by 3.5% during the second quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock valued at $323,000 after purchasing an additional 87 shares during the last quarter. Childress Capital Advisors LLC raised its position in shares of Walt Disney by 3.3% during the 2nd quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock worth $341,000 after purchasing an additional 87 shares during the period. Finally, Apollon Financial LLC lifted its holdings in shares of Walt Disney by 1.5% in the 2nd quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock worth $755,000 after purchasing an additional 87 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DIS has been the topic of several analyst reports. Wells Fargo & Company dropped their target price on Walt Disney from $159.00 to $152.00 and set an “overweight” rating on the stock in a research report on Friday, November 14th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Walt Disney in a report on Wednesday, November 12th. Rosenblatt Securities reiterated a “buy” rating and issued a $141.00 price objective on shares of Walt Disney in a research report on Friday, October 17th. Arete Research upgraded shares of Walt Disney to a “strong sell” rating in a research report on Tuesday, October 28th. Finally, Stephens reaffirmed a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Eighteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $134.41.

Walt Disney Stock Up 0.1%

DIS stock opened at $103.44 on Friday. The firm’s 50-day moving average is $110.56 and its two-hundred day moving average is $114.91. The company has a market capitalization of $184.67 billion, a price-to-earnings ratio of 16.21, a price-to-earnings-growth ratio of 1.45 and a beta of 1.55. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

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

Walt Disney Dividend Announcement

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

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.