Unique Wealth LLC Has $271,000 Stock Holdings in The Walt Disney Company (NYSE:DIS)

Unique Wealth LLC cut its stake in The Walt Disney Company (NYSE:DIS) by 7.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,431 shares of the entertainment giant’s stock after selling 198 shares during the quarter. Unique Wealth LLC’s holdings in Walt Disney were worth $271,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Farmers Trust Co. lifted its holdings in shares of Walt Disney by 1.1% during the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock valued at $945,000 after buying an additional 92 shares during the last quarter. Smithfield Trust Co lifted its holdings in shares of Walt Disney by 0.5% during the 3rd quarter. Smithfield Trust Co now owns 18,869 shares of the entertainment giant’s stock valued at $1,809,000 after buying an additional 102 shares during the last quarter. Drucker Wealth 3.0 LLC lifted its holdings in shares of Walt Disney by 0.9% during the 3rd quarter. Drucker Wealth 3.0 LLC now owns 11,657 shares of the entertainment giant’s stock valued at $1,121,000 after buying an additional 106 shares during the last quarter. Connable Office Inc. lifted its holdings in shares of Walt Disney by 0.3% during the 3rd quarter. Connable Office Inc. now owns 35,048 shares of the entertainment giant’s stock valued at $3,371,000 after buying an additional 108 shares during the last quarter. Finally, Cozad Asset Management Inc. lifted its holdings in shares of Walt Disney by 1.9% during the 3rd quarter. Cozad Asset Management Inc. now owns 6,017 shares of the entertainment giant’s stock valued at $579,000 after buying an additional 110 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on DIS. Piper Sandler began coverage on Walt Disney in a research note on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 price objective on the stock. Needham & Company LLC raised their price objective on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, November 15th. TD Cowen raised their price objective on Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a research note on Friday, November 15th. Seaport Res Ptn raised Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Finally, Sanford C. Bernstein lifted their price target on Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, November 15th. Five investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $125.54.

Insider Activity

In related news, CEO Robert A. Iger sold 372,412 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the completion of the transaction, the chief executive officer now owns 226,767 shares of the company’s stock, valued at $25,980,695.19. This trade represents a 62.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Brent Woodford sold 5,000 shares of Walt Disney stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total transaction of $568,100.00. Following the completion of the transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,005,529.10. The trade was a 10.19 % 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 worth $44,153,263. Corporate insiders own 0.10% of the company’s stock.

Walt Disney Trading Down 0.5 %

Shares of DIS stock opened at $108.08 on Tuesday. The company has a market cap of $195.73 billion, a price-to-earnings ratio of 39.88, a PEG ratio of 2.03 and a beta of 1.43. 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 firm has a fifty day moving average price of $111.36 and a 200-day moving average price of $99.47. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Thursday, November 14th. The entertainment giant reported $1.14 EPS for the quarter, beating the consensus estimate of $1.09 by $0.05. The business had revenue of $22.57 billion during the quarter, compared to the consensus estimate of $22.49 billion. Walt Disney had a net margin of 5.44% and a return on equity of 9.21%. The business’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.82 EPS. As a group, equities 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 disclosed a semi-annual dividend, which will be paid on Thursday, January 16th. Stockholders of record on Monday, December 16th will be paid a dividend of $0.50 per share. The ex-dividend date is 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 (DPR) is currently 36.90%.

Walt Disney Company Profile

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.