Traub Capital Management LLC Takes $213,000 Position in The Walt Disney Company $DIS

Traub Capital Management LLC bought a new position in The Walt Disney Company (NYSE:DIS) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 1,717 shares of the entertainment giant’s stock, valued at approximately $213,000.

A number of other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC increased its position in Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after acquiring an additional 1,904 shares during the period. Gries Financial LLC bought a new stake in shares of Walt Disney in the first quarter worth $210,000. Ignite Planners LLC increased its holdings in Walt Disney by 19.8% in the first quarter. Ignite Planners LLC now owns 2,664 shares of the entertainment giant’s stock valued at $242,000 after purchasing an additional 441 shares during the period. Nelson Capital Management LLC raised its position in Walt Disney by 32.9% during the 1st quarter. Nelson Capital Management LLC now owns 31,109 shares of the entertainment giant’s stock worth $3,070,000 after purchasing an additional 7,694 shares during the last quarter. Finally, Financial Sense Advisors Inc. lifted its holdings in Walt Disney by 2.0% during the 1st quarter. Financial Sense Advisors Inc. now owns 6,979 shares of the entertainment giant’s stock worth $689,000 after buying an additional 137 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DIS has been the topic of several analyst reports. Stephens reiterated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Arete Research upgraded shares of Walt Disney to a “strong sell” rating in a research report on Tuesday, October 28th. Needham & Company LLC reiterated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research report on Thursday, November 13th. Guggenheim reissued a “buy” rating and set a $140.00 target price on shares of Walt Disney in a research note on Friday, November 14th. Finally, Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Eighteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $134.41.

Walt Disney Stock Performance

NYSE:DIS opened at $106.34 on Wednesday. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The company has a fifty day moving average of $112.31 and a 200-day moving average of $114.94. The firm has a market capitalization of $189.85 billion, a P/E ratio of 16.67, a P/E/G ratio of 1.45 and a beta of 1.55.

Walt Disney (NYSE:DIS) last issued its earnings results on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, beating the consensus estimate of $1.03 by $0.08. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $22.46 billion during the quarter, compared to the consensus estimate of $22.78 billion. During the same period last year, the business posted $1.14 EPS. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. As a group, sell-side analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Dividend Announcement

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

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.