Harwood Advisory Group LLC Has $220,000 Position in Walt Disney Company (The) (DIS)

Harwood Advisory Group LLC increased its stake in Walt Disney Company (The) (NYSE:DIS) by 0.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,071 shares of the entertainment giant’s stock after buying an additional 12 shares during the period. Harwood Advisory Group LLC’s holdings in Walt Disney Company (The) were worth $220,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Thomas J. Herzfeld Advisors Inc. acquired a new stake in Walt Disney Company (The) during the fourth quarter valued at about $110,000. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its position in shares of Walt Disney Company (The) by 7,240.3% in the fourth quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 128,089 shares of the entertainment giant’s stock valued at $128,000 after buying an additional 126,344 shares during the period. Sumitomo Mitsui Financial Group Inc. purchased a new position in shares of Walt Disney Company (The) during the first quarter valued at $144,000. Feltz Wealth PLAN Inc. purchased a new position in shares of Walt Disney Company (The) during the first quarter valued at $173,000. Finally, Cordasco Financial Network increased its position in shares of Walt Disney Company (The) by 2.4% in the first quarter. Cordasco Financial Network now owns 1,549 shares of the entertainment giant’s stock valued at $176,000 after buying an additional 37 shares during the period. 62.42% of the stock is owned by hedge funds and other institutional investors.

Shares of Walt Disney Company (DIS) traded up 0.63% during trading on Friday, reaching $101.99. 9,410,408 shares of the company were exchanged. Walt Disney Company has a one year low of $90.32 and a one year high of $116.10. The company has a 50 day moving average price of $106.08 and a 200-day moving average price of $109.24. The stock has a market capitalization of $157.42 billion, a price-to-earnings ratio of 18.09 and a beta of 1.40.

Walt Disney Company (The) (NYSE:DIS) last released its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.05. The firm had revenue of $14.24 billion during the quarter, compared to the consensus estimate of $14.44 billion. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. The company’s quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.62 earnings per share. Equities analysts predict that Walt Disney Company will post $5.90 EPS for the current year.

The company also recently disclosed a Semi-Annual dividend, which was paid on Thursday, July 27th. Stockholders of record on Monday, July 10th were issued a dividend of $0.78 per share. The ex-dividend date was Thursday, July 6th. Walt Disney Company (The)’s dividend payout ratio is 27.56%.

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A number of research analysts have commented on the stock. Loop Capital reiterated a “hold” rating and set a $108.00 price objective on shares of Walt Disney Company (The) in a research note on Thursday. Cowen and Company reiterated a “hold” rating and set a $95.00 price objective on shares of Walt Disney Company (The) in a research note on Thursday. BMO Capital Markets restated an “underperform” rating and issued a $90.00 price target (down from $95.00) on shares of Walt Disney Company (The) in a research report on Thursday. Goldman Sachs Group, Inc. (The) set a $133.00 price target on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a research report on Wednesday. Finally, Wells Fargo & Company restated a “market perform” rating and issued a $109.00 price target on shares of Walt Disney Company (The) in a research report on Thursday. Five equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seventeen have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $115.19.

In other news, Chairman Robert A. Iger sold 797,578 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $105.09, for a total transaction of $83,817,472.02. Following the completion of the sale, the chairman now owns 1,566,484 shares in the company, valued at $164,621,803.56. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Maria Elena Lagomasino bought 976 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The shares were bought at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the transaction, the director now owns 7,513 shares of the company’s stock, valued at $768,880.42. The disclosure for this purchase can be found here. Insiders own 0.38% of the company’s stock.

Walt Disney Company (The) Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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

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