HF Advisory Group LLC Has $925,000 Stock Position in The Walt Disney Company (NYSE:DIS)

HF Advisory Group LLC raised its holdings in shares of The Walt Disney Company (NYSE:DIS) by 7.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,246 shares of the entertainment giant’s stock after buying an additional 701 shares during the quarter. HF Advisory Group LLC’s holdings in Walt Disney were worth $925,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Markel Corp grew its stake in Walt Disney by 2.3% during the first quarter. Markel Corp now owns 1,922,665 shares of the entertainment giant’s stock worth $263,713,000 after buying an additional 42,500 shares during the last quarter. Fairfield Bush & CO. raised its stake in shares of Walt Disney by 3.4% during the first quarter. Fairfield Bush & CO. now owns 9,624 shares of the entertainment giant’s stock worth $1,320,000 after buying an additional 320 shares during the last quarter. United Bank boosted its position in shares of Walt Disney by 8.7% in the 1st quarter. United Bank now owns 9,949 shares of the entertainment giant’s stock worth $1,365,000 after purchasing an additional 794 shares during the last quarter. AMI Investment Management Inc. increased its holdings in Walt Disney by 4.6% in the first quarter. AMI Investment Management Inc. now owns 24,918 shares of the entertainment giant’s stock valued at $3,418,000 after purchasing an additional 1,094 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its stake in Walt Disney by 0.6% in the first quarter. Mackenzie Financial Corp now owns 828,308 shares of the entertainment giant’s stock valued at $113,611,000 after buying an additional 4,722 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

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 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 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 Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

Walt Disney Price Performance

NYSE:DIS traded up $0.69 on Thursday, hitting $113.63. The company had a trading volume of 981,136 shares, compared to its average volume of 12,044,995. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 0.39. 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 $208.43 billion, a price-to-earnings ratio of 69.72, a PEG ratio of 1.65 and a beta of 1.42. The firm has a 50 day moving average of $113.86 and a two-hundred day moving average of $98.25.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.25. The firm had revenue of $23.50 billion for the quarter, compared to analyst estimates of $23.71 billion. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The business’s revenue for the quarter was down .1% on a year-over-year basis. During the same period last year, the firm posted $0.99 earnings per share. On average, research analysts anticipate that The Walt Disney Company will post 4.66 earnings per share for the current year.

Walt Disney Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Thursday, July 25th. Investors of record on Monday, July 8th will be paid a $0.45 dividend. This represents a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, July 8th. Walt Disney’s dividend payout ratio is currently 18.52%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft lowered their target price 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. Barclays upgraded Walt Disney from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $95.00 to $135.00 in a report on Monday, March 25th. Evercore ISI increased their target price on Walt Disney from $115.00 to $130.00 and gave the stock an “outperform” rating in a research note on Monday, April 8th. Raymond James lifted their price target on shares of Walt Disney from $112.00 to $128.00 and gave the company an “outperform” rating in a research note on Tuesday, March 26th. Finally, Bank of America increased their price objective on shares of Walt Disney from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $124.54.

Walt Disney 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.