Nadler Financial Group Inc. Has $699,000 Position in The Walt Disney Company (NYSE:DIS)

Nadler Financial Group Inc. reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 16.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,740 shares of the entertainment giant’s stock after selling 1,472 shares during the quarter. Nadler Financial Group Inc.’s holdings in Walt Disney were worth $699,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Impact Partnership Wealth LLC lifted its stake in shares of Walt Disney by 225.1% in the third quarter. Impact Partnership Wealth LLC now owns 2,331 shares of the entertainment giant’s stock worth $189,000 after buying an additional 1,614 shares during the last quarter. Elevated Capital Advisors LLC lifted its stake in shares of Walt Disney by 33.3% in the third quarter. Elevated Capital Advisors LLC now owns 5,922 shares of the entertainment giant’s stock worth $480,000 after buying an additional 1,480 shares during the last quarter. Atlas Brown Inc. lifted its stake in shares of Walt Disney by 1.7% in the third quarter. Atlas Brown Inc. now owns 19,131 shares of the entertainment giant’s stock worth $1,551,000 after buying an additional 328 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in shares of Walt Disney by 85.0% in the third quarter. Fifth Third Wealth Advisors LLC now owns 13,752 shares of the entertainment giant’s stock worth $1,115,000 after buying an additional 6,317 shares during the last quarter. Finally, BTC Capital Management Inc. lifted its stake in shares of Walt Disney by 1.4% in the third quarter. BTC Capital Management Inc. now owns 52,672 shares of the entertainment giant’s stock worth $4,269,000 after buying an additional 706 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Price Performance

Shares of DIS traded down $0.25 during trading hours on Friday, hitting $112.52. The stock had a trading volume of 1,946,937 shares, compared to its average volume of 11,729,300. The company’s fifty day moving average is $114.16 and its two-hundred day moving average is $99.46. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74. The stock has a market capitalization of $206.40 billion, a price-to-earnings ratio of 69.30, a P/E/G ratio of 1.40 and a beta of 1.42.

Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.25. The business had revenue of $23.50 billion for the quarter, compared to analyst estimates of $23.71 billion. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The firm’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.99 EPS. On average, analysts anticipate that The Walt Disney Company will post 4.66 EPS for the current year.

Walt Disney Cuts Dividend

The business also recently declared a semi-annual dividend, which will be paid on Thursday, July 25th. Investors of record on Monday, July 8th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, July 8th. This represents a yield of 0.5%. Walt Disney’s dividend payout ratio (DPR) is 18.52%.

Insider Buying and Selling

In related news, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $121.92, for a total transaction of $226,405.44. Following the transaction, the executive vice president now owns 4,400 shares in the company, valued at approximately $536,448. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Macquarie boosted their target price on shares of Walt Disney from $94.00 to $104.00 and gave the stock a “neutral” rating in a research report on Thursday, February 8th. Barclays raised shares of Walt Disney from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $95.00 to $135.00 in a research report on Monday, March 25th. The Goldman Sachs Group dropped their target price on shares of Walt Disney from $125.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, February 8th. UBS Group boosted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, March 27th. Finally, Rosenblatt Securities boosted their target price on shares of Walt Disney from $129.00 to $137.00 and gave the stock a “buy” rating in a research report on Tuesday, April 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the company. According to MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and an average target price of $125.08.

Walt Disney 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.