17,051 Shares in The Walt Disney Company (NYSE:DIS) Acquired by Wynn Capital LLC

Wynn Capital LLC purchased a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 17,051 shares of the entertainment giant's stock, valued at approximately $1,540,000. Walt Disney makes up 1.3% of Wynn Capital LLC's portfolio, making the stock its 24th largest position.

Other large investors have also made changes to their positions in the company. Planned Solutions Inc. acquired a new stake in Walt Disney in the fourth quarter valued at approximately $26,000. Stone House Investment Management LLC boosted its position in Walt Disney by 355.3% in the fourth quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant's stock valued at $31,000 after buying an additional 270 shares in the last quarter. Fortis Group Advisors LLC acquired a new stake in Walt Disney in the third quarter valued at approximately $30,000. Orion Capital Management LLC acquired a new stake in Walt Disney in the third quarter valued at approximately $35,000. Finally, BKM Wealth Management LLC acquired a new stake in Walt Disney in the fourth quarter valued at approximately $39,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Insiders Place Their Bets

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of Walt Disney stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the sale, the executive vice president now owns 4,400 shares of the company's stock, valued at $536,448. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.10% of the company's stock.

Walt Disney Stock Up 0.2 %

Walt Disney stock traded up $0.24 during midday trading on Wednesday, hitting $113.95. 6,149,590 shares of the stock were exchanged, compared to its average volume of 11,901,535. The Walt Disney Company has a 52-week low of $78.73 and a 52-week high of $123.74. The stock has a market capitalization of $209.02 billion, a price-to-earnings ratio of 70.10, a price-to-earnings-growth ratio of 1.38 and a beta of 1.42. The business's 50-day moving average price is $114.10 and its 200-day moving average price is $99.27. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings results 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 for the quarter, compared to analysts' expectations of $23.71 billion. During the same period in the previous year, the company earned $0.99 earnings per share. The firm's revenue for the quarter was down .1% compared to the same quarter last year. On average, research analysts expect that The Walt Disney Company will post 4.66 EPS for the current fiscal year.

Walt Disney Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Thursday, July 25th. Shareholders of record on Monday, July 8th will be given a $0.45 dividend. 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 18.52%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on DIS. Evercore ISI raised their target price on shares of Walt Disney from $115.00 to $130.00 and gave the company an "outperform" rating in a research report on Monday, April 8th. Macquarie raised their price target on shares of Walt Disney from $94.00 to $104.00 and gave the company a "neutral" rating in a research note on Thursday, February 8th. UBS Group raised their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a research note on Wednesday, March 27th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Walt Disney from $115.00 to $110.00 and set a "buy" rating for the company in a research note on Wednesday, February 7th. Finally, Raymond James lifted their target price on shares of Walt Disney from $112.00 to $128.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 26th. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $125.08.

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.

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