Oxinas Partners Wealth Management LLC Trims Position in The Walt Disney Company (NYSE:DIS)

Oxinas Partners Wealth Management LLC decreased its position in shares of The Walt Disney Company (NYSE:DISFree Report) by 7.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,262 shares of the entertainment giant’s stock after selling 339 shares during the quarter. Oxinas Partners Wealth Management LLC’s holdings in Walt Disney were worth $385,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Compton Capital Management Inc. RI grew its stake in shares of 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 purchasing an additional 100 shares during the last quarter. Carolinas Wealth Consulting LLC grew its stake in shares of 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 purchasing an additional 100 shares during the last quarter. Linscomb & Williams Inc. grew its stake in shares of 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 purchasing an additional 106 shares during the last quarter. Apexium Financial LP grew its stake in shares of Walt Disney by 1.3% in the 2nd quarter. Apexium Financial LP now owns 8,851 shares of the entertainment giant’s stock worth $790,000 after purchasing an additional 113 shares during the last quarter. Finally, First Business Financial Services Inc. grew its stake in shares of Walt Disney by 0.7% in the 3rd quarter. First Business Financial Services Inc. now owns 16,514 shares of the entertainment giant’s stock worth $1,338,000 after purchasing an additional 113 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

DIS stock opened at $121.53 on Tuesday. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $222.92 billion, a price-to-earnings ratio of 75.02, a P/E/G ratio of 1.88 and a beta of 1.41. The Walt Disney Company has a 12 month low of $78.73 and a 12 month high of $123.74. The firm has a 50 day moving average of $108.99 and a two-hundred day moving average of $95.42.

Walt Disney (NYSE:DISGet Free Report) last posted its earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 EPS for the quarter, topping the consensus estimate of $0.97 by $0.25. The company had revenue of $23.50 billion during the quarter, compared to the consensus estimate of $23.71 billion. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The company’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.99 earnings per share. As a group, equities analysts anticipate that The Walt Disney Company will post 4.66 EPS for the current fiscal year.

Walt Disney Cuts Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, July 25th. Investors of record on Monday, July 8th will be issued 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 is currently 55.56%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on DIS shares. Wells Fargo & Company lifted their target price on shares of Walt Disney from $115.00 to $128.00 and gave the stock an “overweight” rating in a research report on Thursday, February 8th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Walt Disney from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Wednesday, February 7th. Rosenblatt Securities cut their price target on shares of Walt Disney from $114.00 to $112.00 and set a “buy” rating on the stock in a report on Friday, December 22nd. Daiwa Capital Markets restated a “buy” rating and set a $133.00 price target on shares of Walt Disney in a report on Monday. Finally, Tigress Financial restated a “buy” rating and set a $136.00 price target on shares of Walt Disney in a report on Wednesday, February 21st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-one have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $119.96.

Read Our Latest Analysis on Walt Disney

About Walt Disney

(Free Report)

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.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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