The Walt Disney Company $DIS Shares Sold by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC cut its stake in The Walt Disney Company (NYSE:DIS) by 24.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 75,992 shares of the entertainment giant’s stock after selling 24,933 shares during the period. Valeo Financial Advisors LLC’s holdings in Walt Disney were worth $9,424,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of DIS. DiNuzzo Private Wealth Inc. lifted its holdings in shares of Walt Disney by 82.5% in the 2nd 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 last quarter. Harbor Asset Planning Inc. acquired a new position in Walt Disney during the second quarter worth approximately $37,000. Total Investment Management Inc. purchased a new stake in Walt Disney in the second quarter valued at approximately $37,000. Howard Hughes Medical Institute acquired a new stake in shares of Walt Disney in the second quarter valued at approximately $48,000. Finally, RMG Wealth Management LLC purchased a new position in shares of Walt Disney during the second quarter worth approximately $49,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of DIS opened at $111.52 on Monday. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.31. The stock’s 50 day moving average is $109.24 and its two-hundred day moving average is $114.63. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The firm has a market capitalization of $199.10 billion, a PE ratio of 16.26, a P/E/G ratio of 1.54 and a beta of 1.49.

Walt Disney (NYSE:DIS) last issued its earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.08. Walt Disney had a return on equity of 9.37% and a net margin of 13.14%.The business had revenue of $22.46 billion during the quarter, compared to the consensus estimate of $22.78 billion. During the same period in the prior year, the business posted $1.14 EPS. The company’s revenue for the quarter was down .5% on a year-over-year basis. Research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be issued a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a yield of 139.0%. Walt Disney’s dividend payout ratio (DPR) is 14.58%.

Analyst Ratings Changes

A number of analysts recently weighed in on DIS shares. UBS Group reiterated a “buy” rating and set a $138.00 price target on shares of Walt Disney in a research note on Friday, November 14th. Jefferies Financial Group decreased their target price on shares of Walt Disney from $144.00 to $136.00 and set a “buy” rating for the company in a research note on Friday, November 14th. Rosenblatt Securities restated a “buy” rating and issued a $141.00 price target on shares of Walt Disney in a research report on Friday, October 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Walt Disney in a research note on Monday, December 8th. Finally, Cowen reiterated a “hold” rating on shares of Walt Disney in a research note on Friday, November 14th. Eighteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $134.41.

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.