SRS Capital Advisors Inc. Has $1.75 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

SRS Capital Advisors Inc. grew its holdings in The Walt Disney Company (NYSE:DIS) by 160.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,718 shares of the entertainment giant’s stock after acquiring an additional 9,678 shares during the quarter. SRS Capital Advisors Inc.’s holdings in Walt Disney were worth $1,750,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Principal Securities Inc. lifted its position in Walt Disney by 4.7% during the 3rd quarter. Principal Securities Inc. now owns 58,774 shares of the entertainment giant’s stock worth $5,653,000 after buying an additional 2,615 shares in the last quarter. Gladstone Institutional Advisory LLC increased its position in shares of Walt Disney by 1.0% in the third quarter. Gladstone Institutional Advisory LLC now owns 29,714 shares of the entertainment giant’s stock valued at $2,858,000 after acquiring an additional 293 shares during the last quarter. Americana Partners LLC raised its holdings in Walt Disney by 29.6% during the third quarter. Americana Partners LLC now owns 12,817 shares of the entertainment giant’s stock worth $1,233,000 after acquiring an additional 2,925 shares in the last quarter. Chapman Investment Management LLC boosted its position in Walt Disney by 31.4% during the third quarter. Chapman Investment Management LLC now owns 23,394 shares of the entertainment giant’s stock valued at $2,250,000 after purchasing an additional 5,587 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in Walt Disney by 13.3% in the third quarter. Farther Finance Advisors LLC now owns 41,994 shares of the entertainment giant’s stock valued at $4,039,000 after purchasing an additional 4,926 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total value of $917,920.00. Following the completion of the sale, the executive vice president now directly owns 44,055 shares in the company, valued at approximately $5,054,870.70. This trade represents a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.16% of the stock is currently owned by company insiders.

Walt Disney Stock Up 2.3 %

Shares of NYSE DIS opened at $113.82 on Friday. The stock has a market capitalization of $205.77 billion, a price-to-earnings ratio of 37.08, a P/E/G ratio of 1.80 and a beta of 1.42. 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 firm’s 50-day moving average price is $110.68 and its 200-day moving average price is $103.35. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74.

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

Walt Disney Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts have commented on DIS shares. Rosenblatt Securities reiterated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Wells Fargo & Company upped their price target on shares of Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Needham & Company LLC reaffirmed a “buy” rating and issued a $130.00 price objective on shares of Walt Disney in a report on Wednesday, February 5th. The Goldman Sachs Group upped their price target on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Finally, TD Cowen raised their target price on Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a report on Friday, November 15th. Six analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $125.44.

About Walt Disney

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.