Oxler Private Wealth LLC Has $757,000 Stock Position in The Walt Disney Company $DIS

Oxler Private Wealth LLC reduced its holdings in The Walt Disney Company (NYSE:DIS) by 9.3% in the 2nd quarter, Holdings Channel reports. The fund owned 6,104 shares of the entertainment giant’s stock after selling 624 shares during the period. Oxler Private Wealth LLC’s holdings in Walt Disney were worth $757,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. DiNuzzo Private Wealth Inc. boosted 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 purchasing an additional 94 shares during the period. Harbor Asset Planning Inc. purchased a new stake in Walt Disney in the 2nd quarter worth approximately $37,000. RMG Wealth Management LLC purchased a new stake in Walt Disney in the 2nd quarter worth approximately $49,000. Wealth Preservation Advisors LLC acquired a new stake in shares of Walt Disney during the 1st quarter valued at $53,000. Finally, Legacy Investment Solutions LLC purchased a new position in shares of Walt Disney during the 2nd quarter valued at $53,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Guggenheim reiterated a “buy” rating and set a $140.00 price objective on shares of Walt Disney in a report on Friday, November 14th. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Raymond James Financial reiterated a “market perform” rating on shares of Walt Disney in a report on Friday, November 14th. Finally, Evercore ISI increased their price objective on Walt Disney from $140.00 to $142.00 and gave the stock an “outperform” rating in a report on Friday, November 14th. Eighteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $134.41.

Walt Disney Stock Performance

DIS opened at $103.44 on Friday. 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 company has a market cap of $184.67 billion, a PE ratio of 16.21, a price-to-earnings-growth ratio of 1.45 and a beta of 1.55. The stock has a 50-day moving average of $110.56 and a 200-day moving average of $114.91. 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 posted its earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.08. The firm had revenue of $22.46 billion during the quarter, compared to analyst estimates of $22.78 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the previous year, the company earned $1.14 EPS. As a group, equities research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Announces Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be issued 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 dividend payout ratio is currently 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.