Turtle Creek Wealth Advisors LLC Buys 6,195 Shares of The Walt Disney Company $DIS

Turtle Creek Wealth Advisors LLC increased its stake in The Walt Disney Company (NYSE:DIS) by 119.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 11,386 shares of the entertainment giant’s stock after purchasing an additional 6,195 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Walt Disney were worth $1,304,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in DIS. Kondo Wealth Advisors Inc. lifted its stake in Walt Disney by 1.2% in the second quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant’s stock valued at $904,000 after acquiring an additional 84 shares during the last quarter. Cornerstone Advisory LLC raised its holdings in shares of Walt Disney by 1.5% in the 2nd quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant’s stock valued at $730,000 after purchasing an additional 86 shares during the period. Childress Capital Advisors LLC raised its holdings in shares of Walt Disney by 3.3% in the 2nd quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock valued at $341,000 after purchasing an additional 87 shares during the period. Apollon Financial LLC lifted its stake in Walt Disney by 1.5% in the 2nd quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock valued at $755,000 after purchasing an additional 87 shares during the last quarter. Finally, Strategic Family Wealth Counselors L.L.C. grew its holdings in Walt Disney by 1.0% during the second quarter. Strategic Family Wealth Counselors L.L.C. now owns 8,586 shares of the entertainment giant’s stock worth $1,065,000 after purchasing an additional 87 shares during the period. 65.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on DIS shares. Wells Fargo & Company dropped their price objective on Walt Disney from $159.00 to $152.00 and set an “overweight” rating on the stock in a research note on Friday, November 14th. Guggenheim reissued a “buy” rating and set a $140.00 target price on shares of Walt Disney in a report on Friday, November 14th. UBS Group reaffirmed a “buy” rating and set a $138.00 price target on shares of Walt Disney in a report on Friday, November 14th. Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research report on Thursday, November 13th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Walt Disney in a report on Friday, November 14th. Nineteen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $135.20.

Walt Disney Stock Performance

DIS opened at $111.35 on Tuesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.71 and a quick ratio of 0.65. The business has a fifty day simple moving average of $109.98 and a 200 day simple moving average of $113.73. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The company has a market capitalization of $198.79 billion, a PE ratio of 16.23, a price-to-earnings-growth ratio of 1.55 and a beta of 1.44.

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

Walt Disney Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be paid a $0.75 dividend. The ex-dividend date is Tuesday, June 30th. This represents a yield of 139.0%. Walt Disney’s payout ratio is 21.87%.

About Walt Disney

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.