United Advisor Group LLC Has $1 Million Stake in The Walt Disney Company $DIS

United Advisor Group LLC grew its stake in The Walt Disney Company (NYSE:DIS) by 122.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,090 shares of the entertainment giant’s stock after purchasing an additional 4,458 shares during the period. United Advisor Group LLC’s holdings in Walt Disney were worth $1,003,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in DIS. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Walt Disney in the first quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. increased its holdings in shares of Walt Disney by 82.5% during the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after buying an additional 94 shares in the last quarter. Harbor Asset Planning Inc. bought a new position in shares of Walt Disney in the 2nd quarter valued at $37,000. RMG Wealth Management LLC acquired a new stake in shares of Walt Disney during the 2nd quarter valued at $49,000. Finally, Wealth Preservation Advisors LLC bought a new stake in Walt Disney during the 1st quarter worth $53,000. 65.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on DIS shares. Sanford C. Bernstein reissued an “outperform” rating on shares of Walt Disney in a research note on Wednesday, November 12th. Wall Street Zen downgraded shares of Walt Disney from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Citigroup reissued a “positive” rating on shares of Walt Disney in a report on Friday. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Morgan Stanley lifted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Eighteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.41.

Walt Disney Stock Up 0.6%

Shares of NYSE DIS opened at $106.34 on Wednesday. The company’s 50 day moving average price is $112.31 and its 200-day moving average price is $114.94. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The company has a market capitalization of $189.85 billion, a P/E ratio of 16.67, a price-to-earnings-growth ratio of 1.45 and a beta of 1.55.

Walt Disney (NYSE:DIS) last announced its earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.08. The business had revenue of $22.46 billion during the quarter, compared to the consensus estimate of $22.78 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. Walt Disney’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter last year, the firm earned $1.14 earnings per share. Equities analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current 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 paid a $0.75 dividend. This represents a dividend yield of 139.0%. The ex-dividend date of this dividend is Tuesday, June 30th. Walt Disney’s payout ratio is currently 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.