Fidelis Capital Partners LLC Has $802,000 Position in The Walt Disney Company (NYSE:DIS)

Fidelis Capital Partners LLC increased its stake in The Walt Disney Company (NYSE:DIS) by 40.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,887 shares of the entertainment giant’s stock after purchasing an additional 2,543 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Walt Disney were worth $802,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DIS. Carolinas Wealth Consulting LLC increased its position in Walt Disney by 2.9% in the 1st quarter. Carolinas Wealth Consulting LLC now owns 3,575 shares of the entertainment giant’s stock worth $490,000 after buying an additional 100 shares during the period. Compton Capital Management Inc. RI increased its position in Walt Disney by 0.5% in the 1st quarter. Compton Capital Management Inc. RI now owns 20,689 shares of the entertainment giant’s stock worth $2,838,000 after buying an additional 100 shares during the period. Linscomb & Williams Inc. increased its position in Walt Disney by 1.9% in the 1st quarter. Linscomb & Williams Inc. now owns 5,582 shares of the entertainment giant’s stock worth $766,000 after buying an additional 106 shares during the period. First Business Financial Services Inc. increased its position in shares of Walt Disney by 0.7% during the third quarter. First Business Financial Services Inc. now owns 16,514 shares of the entertainment giant’s stock valued at $1,338,000 after purchasing an additional 113 shares during the period. Finally, CoreCap Advisors LLC increased its position in shares of Walt Disney by 0.5% during the fourth quarter. CoreCap Advisors LLC now owns 24,096 shares of the entertainment giant’s stock valued at $2,176,000 after purchasing an additional 118 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Morgan Stanley boosted their price objective on Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a research report on Monday, March 4th. The Goldman Sachs Group lowered their price objective on Walt Disney from $125.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, February 8th. Deutsche Bank Aktiengesellschaft lowered their price objective on Walt Disney from $115.00 to $110.00 and set a “buy” rating on the stock in a research report on Wednesday, February 7th. Rosenblatt Securities boosted their price target on Walt Disney from $129.00 to $137.00 and gave the company a “buy” rating in a research note on Tuesday, April 2nd. Finally, Daiwa Capital Markets reaffirmed a “buy” rating and issued a $133.00 price target on shares of Walt Disney in a research note on Monday, April 1st. One investment 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. According to MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $124.54.

Walt Disney Trading Down 0.5 %

Shares of DIS traded down $0.52 during trading hours on Friday, hitting $111.91. 2,321,636 shares of the stock traded hands, compared to its average volume of 12,010,584. 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 1-year low of $78.73 and a 1-year high of $123.74. The firm has a market capitalization of $205.28 billion, a PE ratio of 69.40, a price-to-earnings-growth ratio of 1.64 and a beta of 1.42. The business has a fifty day moving average of $113.90 and a 200-day moving average of $98.35.

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

Walt Disney Cuts Dividend

The company also recently declared a semi-annual dividend, which will be paid on Thursday, July 25th. Stockholders of record on Monday, July 8th will be paid a dividend of $0.45 per share. This represents a dividend yield of 0.5%. The ex-dividend date is Monday, July 8th. Walt Disney’s dividend payout ratio (DPR) is presently 18.52%.

Insider Activity

In related news, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $121.92, for a total value of $226,405.44. Following the completion of the sale, the executive vice president now owns 4,400 shares in the company, valued at $536,448. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.10% 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.