Ameliora Wealth Management Ltd. Has $534,000 Holdings in The Walt Disney Company (NYSE:DIS)

Ameliora Wealth Management Ltd. grew its position in shares of The Walt Disney Company (NYSE:DIS) by 60.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 4,800 shares of the entertainment giant’s stock after acquiring an additional 1,800 shares during the period. Ameliora Wealth Management Ltd.’s holdings in Walt Disney were worth $534,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. State Street Corp lifted its stake in Walt Disney by 0.6% in the third quarter. State Street Corp now owns 77,596,191 shares of the entertainment giant’s stock valued at $7,463,978,000 after acquiring an additional 490,681 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Walt Disney by 3.8% during the 3rd quarter. Geode Capital Management LLC now owns 37,672,320 shares of the entertainment giant’s stock valued at $3,609,833,000 after purchasing an additional 1,393,082 shares in the last quarter. FMR LLC lifted its stake in shares of Walt Disney by 8.7% in the 3rd quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock valued at $3,310,539,000 after purchasing an additional 2,765,389 shares during the last quarter. Jennison Associates LLC boosted its holdings in Walt Disney by 23.4% in the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock worth $2,137,637,000 after purchasing an additional 3,636,742 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Walt Disney by 3.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,850,678 shares of the entertainment giant’s stock worth $1,332,297,000 after buying an additional 454,678 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Sanford C. Bernstein increased their price objective on Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a report on Friday, November 15th. Prescient Securities dropped their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday. TD Cowen upped their price objective on shares of Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a report on Friday, November 15th. Morgan Stanley lifted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Piper Sandler started coverage on shares of Walt Disney in a report on Wednesday, October 16th. They set a “neutral” rating and a $95.00 price target for the company. Six investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and a consensus target price of $125.85.

Walt Disney Stock Up 1.5 %

DIS opened at $112.15 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.67. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The firm has a market capitalization of $202.82 billion, a P/E ratio of 41.38, a price-to-earnings-growth ratio of 2.02 and a beta of 1.42. The company has a fifty day moving average price of $112.11 and a 200-day moving average price of $100.99.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. Equities research analysts expect that The Walt Disney Company will post 5.41 earnings per share for the current fiscal year.

Walt Disney Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Shareholders of record on Monday, December 16th were given a dividend of $0.50 per share. This is a boost from Walt Disney’s previous semi-annual dividend of $0.45. This represents a yield of 0.6%. The ex-dividend date of this dividend was Monday, December 16th. Walt Disney’s dividend payout ratio (DPR) is presently 36.90%.

Insiders Place Their Bets

In other news, EVP Brent Woodford sold 8,000 shares of the business’s 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 owns 44,055 shares of the company’s stock, valued at approximately $5,054,870.70. The trade was a 15.37 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Robert A. Iger sold 372,412 shares of the stock in a transaction that occurred 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 directly owns 226,767 shares of the company’s stock, valued at approximately $25,980,695.19. This trade represents a 62.15 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 385,412 shares of company stock valued at $44,153,263. 0.16% of the stock is currently owned by corporate 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.