Tranquilli Financial Advisor LLC Has $296,000 Stock Position in The Walt Disney Company (NYSE:DIS)

Tranquilli Financial Advisor LLC raised its holdings in shares of The Walt Disney Company (NYSE:DIS) by 14.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,655 shares of the entertainment giant’s stock after buying an additional 342 shares during the quarter. Tranquilli Financial Advisor LLC’s holdings in Walt Disney were worth $296,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Czech National Bank lifted its position in shares of Walt Disney by 6.3% in the 3rd quarter. Czech National Bank now owns 369,397 shares of the entertainment giant’s stock worth $35,532,000 after acquiring an additional 21,998 shares during the period. GAMMA Investing LLC lifted its position in Walt Disney by 14.2% in the third quarter. GAMMA Investing LLC now owns 19,675 shares of the entertainment giant’s stock worth $1,893,000 after purchasing an additional 2,443 shares during the period. Herbst Group LLC boosted its stake in Walt Disney by 0.6% during the third quarter. Herbst Group LLC now owns 23,048 shares of the entertainment giant’s stock worth $2,217,000 after buying an additional 140 shares in the last quarter. Eagle Rock Investment Company LLC raised its stake in shares of Walt Disney by 1.6% in the 3rd quarter. Eagle Rock Investment Company LLC now owns 65,087 shares of the entertainment giant’s stock valued at $6,261,000 after buying an additional 1,046 shares in the last quarter. Finally, Miracle Mile Advisors LLC raised its position in Walt Disney by 10.5% in the third quarter. Miracle Mile Advisors LLC now owns 37,963 shares of the entertainment giant’s stock worth $3,652,000 after purchasing an additional 3,620 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and raised their target price for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Evercore ISI upped their target price on shares of Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a report on Friday, November 15th. Piper Sandler started coverage on shares of Walt Disney in a research note on Wednesday, October 16th. They set a “neutral” rating and a $95.00 price objective on the stock. Finally, Sanford C. Bernstein lifted their target price on shares of Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, November 15th. Five research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $125.52.

Walt Disney Trading Up 0.4 %

Shares of DIS stock opened at $114.40 on Tuesday. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The company has a market capitalization of $206.89 billion, a PE ratio of 42.19, a price-to-earnings-growth ratio of 2.02 and a beta of 1.42. The firm has a 50 day moving average price of $112.34 and a two-hundred day moving average price of $100.66. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.05. Walt Disney had a return on equity of 9.21% and a net margin of 5.44%. The business had revenue of $22.57 billion during the quarter, compared to analysts’ expectations of $22.49 billion. During the same period last year, the firm posted $0.82 EPS. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. As a group, analysts predict that The Walt Disney Company will post 5.41 earnings per share for the current year.

Walt Disney Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Investors of record on Monday, December 16th were paid a $0.50 dividend. The ex-dividend date was Monday, December 16th. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. This represents a dividend yield of 0.6%. Walt Disney’s dividend payout ratio is 36.90%.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total transaction of $917,920.00. Following the transaction, the executive vice president now owns 44,055 shares in the company, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Robert A. Iger sold 372,412 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $114.57, for a total value of $42,667,242.84. Following the sale, the chief executive officer now owns 226,767 shares of the company’s stock, valued at approximately $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 385,412 shares of company stock valued at $44,153,263. 0.16% of the stock is owned by company insiders.

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.