The Walt Disney Company (NYSE:DIS) Shares Purchased by Auxano Advisors LLC

Auxano Advisors LLC increased its position in shares of The Walt Disney Company (NYSE:DIS) by 1.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,418 shares of the entertainment giant’s stock after acquiring an additional 213 shares during the quarter. Auxano Advisors LLC’s holdings in Walt Disney were worth $1,573,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Brookstone Capital Management boosted its holdings in shares of Walt Disney by 15.7% in the 3rd quarter. Brookstone Capital Management now owns 88,880 shares of the entertainment giant’s stock valued at $7,399,000 after purchasing an additional 12,038 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Walt Disney by 0.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,053,911 shares of the entertainment giant’s stock valued at $85,419,000 after purchasing an additional 5,134 shares during the last quarter. FAS Wealth Partners Inc. boosted its holdings in shares of Walt Disney by 1.7% in the 3rd quarter. FAS Wealth Partners Inc. now owns 16,912 shares of the entertainment giant’s stock valued at $1,371,000 after purchasing an additional 285 shares during the last quarter. RMR Wealth Builders boosted its holdings in shares of Walt Disney by 46.7% in the 3rd quarter. RMR Wealth Builders now owns 13,643 shares of the entertainment giant’s stock valued at $1,106,000 after purchasing an additional 4,344 shares during the last quarter. Finally, Cumberland Advisors Inc. raised its stake in shares of Walt Disney by 1.4% in the 3rd quarter. Cumberland Advisors Inc. now owns 14,350 shares of the entertainment giant’s stock valued at $1,163,000 after acquiring an additional 200 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Down 0.9 %

DIS traded down $0.98 during trading on Tuesday, reaching $111.10. The company had a trading volume of 7,956,943 shares, compared to its average volume of 11,682,927. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77. The business’s fifty day moving average price is $114.19 and its 200 day moving average price is $100.06. The Walt Disney Company has a 12 month low of $78.73 and a 12 month high of $123.74. The company has a market cap of $203.79 billion, a P/E ratio of 68.61, a PEG ratio of 1.39 and a beta of 1.42.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.25. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The business had revenue of $23.50 billion during the quarter, compared to analysts’ expectations of $23.71 billion. During the same quarter in the prior year, the business posted $0.99 earnings per share. Walt Disney’s revenue was down .1% compared to the same quarter last year. Equities analysts anticipate that The Walt Disney Company will post 4.66 EPS for the current year.

Walt Disney Cuts Dividend

The company also recently announced 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 of this dividend is Monday, July 8th. Walt Disney’s dividend payout ratio is presently 18.52%.

Insider Transactions at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $121.92, for a total transaction of $226,405.44. Following the completion of the sale, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at $536,448. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

DIS has been the topic of a number of research reports. Argus raised their target price on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Morgan Stanley raised their target price on shares of Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a research note on Monday, March 4th. Guggenheim lifted their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, April 3rd. UBS Group lifted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, March 27th. Finally, The Goldman Sachs Group dropped their price target on shares of Walt Disney from $125.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, February 8th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average 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.