Transcend Capital Advisors LLC Has $4.26 Million Stake in The Walt Disney Company (NYSE:DIS)

Transcend Capital Advisors LLC raised its position in shares of The Walt Disney Company (NYSE:DIS) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,280 shares of the entertainment giant’s stock after acquiring an additional 634 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Walt Disney were worth $4,263,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of DIS. Bay Harbor Wealth Management LLC acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $35,000. Hager Investment Management Services LLC bought a new position in shares of Walt Disney during the 4th quarter worth approximately $43,000. Cedar Mountain Advisors LLC boosted its position in Walt Disney by 38.1% in the fourth quarter. Cedar Mountain Advisors LLC now owns 399 shares of the entertainment giant’s stock worth $44,000 after purchasing an additional 110 shares during the last quarter. Friedenthal Financial bought a new position in Walt Disney during the fourth quarter valued at about $49,000. Finally, Retirement Wealth Solutions LLC purchased a new stake in Walt Disney in the fourth quarter worth $50,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Performance

Walt Disney stock opened at $110.52 on Friday. The company’s 50-day moving average is $110.80 and its two-hundred day moving average is $102.34. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. The company has a market cap of $199.80 billion, a PE ratio of 36.00, a PEG ratio of 1.81 and a beta of 1.42.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Equities analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were paid a $0.50 dividend. This represents a yield of 0.6%. The ex-dividend date was Monday, December 16th. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s payout ratio is 32.57%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on DIS shares. Macquarie reaffirmed a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a report on Monday, January 6th. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and boosted their price target for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Citigroup reissued a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research report on Wednesday, January 22nd. The Goldman Sachs Group increased their target price on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Six analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $125.85.

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 8,000 shares of Walt Disney stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total transaction of $917,920.00. Following the sale, the executive vice president now directly owns 44,055 shares in the company, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.16% of the stock is currently owned by insiders.

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.