The Walt Disney Company $DIS Shares Sold by Creative Planning

Creative Planning decreased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 1.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 634,931 shares of the entertainment giant’s stock after selling 8,101 shares during the quarter. Creative Planning’s holdings in Walt Disney were worth $78,738,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in DIS. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Walt Disney during the 1st quarter valued at about $26,000. DiNuzzo Private Wealth Inc. grew its holdings in Walt Disney by 82.5% in the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock valued at $26,000 after purchasing an additional 94 shares during the period. Harbor Asset Planning Inc. purchased a new stake in Walt Disney in the second quarter valued at approximately $37,000. RMG Wealth Management LLC acquired a new position in Walt Disney during the second quarter worth approximately $49,000. Finally, Wealth Preservation Advisors LLC purchased a new position in Walt Disney during the first quarter worth approximately $53,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Down 1.6%

NYSE DIS opened at $105.87 on Friday. The stock has a market cap of $190.34 billion, a P/E ratio of 16.59, a PEG ratio of 1.45 and a beta of 1.55. The company’s fifty day simple moving average is $112.79 and its 200-day simple moving average is $114.41. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $22.78 billion. During the same period last year, the business earned $1.14 EPS. The business’s revenue was down .5% on a year-over-year basis. Equities research analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Announces Dividend

The firm also recently announced 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. 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 presently 15.67%.

Analysts Set New Price Targets

DIS has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Arete Research raised Walt Disney to a “strong sell” rating in a research report on Tuesday, October 28th. Chardan Capital restated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Jefferies Financial Group decreased their target price on Walt Disney from $144.00 to $136.00 and set a “buy” rating for the company in a report on Friday. Finally, Stephens restated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Eighteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.41.

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.