Walt Disney Co (DIS) Stake Lowered by Caxton Associates LP

Caxton Associates LP decreased its position in Walt Disney Co (NYSE:DIS) by 30.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,600 shares of the entertainment giant’s stock after selling 15,900 shares during the quarter. Caxton Associates LP’s holdings in Walt Disney were worth $3,889,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Tdam USA Inc. raised its position in shares of Walt Disney by 4.1% in the second quarter. Tdam USA Inc. now owns 195,498 shares of the entertainment giant’s stock valued at $20,666,000 after purchasing an additional 7,785 shares during the period. State Treasurer State of Michigan raised its position in shares of Walt Disney by 73.3% in the first quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock valued at $153,649,000 after purchasing an additional 573,000 shares during the period. Walter & Keenan Financial Consulting Co. MI ADV raised its position in shares of Walt Disney by 7.9% in the second quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 24,719 shares of the entertainment giant’s stock valued at $2,626,000 after purchasing an additional 1,800 shares during the period. Mutual of America Capital Management LLC raised its position in shares of Walt Disney by 1.4% in the first quarter. Mutual of America Capital Management LLC now owns 175,248 shares of the entertainment giant’s stock valued at $19,871,000 after purchasing an additional 2,351 shares during the period. Finally, Connecticut Wealth Management LLC grew its stake in shares of Walt Disney by 1.4% in the second quarter. Connecticut Wealth Management LLC now owns 3,038 shares of the entertainment giant’s stock worth $315,000 after acquiring an additional 42 shares during the last quarter. 61.51% of the stock is currently owned by institutional investors.

Shares of Walt Disney Co (NYSE:DIS) opened at $107.46 on Tuesday. Walt Disney Co has a 52 week low of $96.20 and a 52 week high of $116.10. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81. The firm has a market cap of $157,403.20, a price-to-earnings ratio of 18.28, a price-to-earnings-growth ratio of 2.22 and a beta of 1.38.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The business had revenue of $12.78 billion for the quarter, compared to analyst estimates of $13.30 billion. During the same quarter in the prior year, the firm earned $1.10 EPS. The firm’s quarterly revenue was down 2.8% on a year-over-year basis. equities analysts forecast that Walt Disney Co will post 6.24 EPS for the current fiscal year.

The company also recently announced a Semi-Annual dividend, which will be paid on Thursday, January 11th. Stockholders of record on Monday, December 11th will be paid a $0.84 dividend. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s dividend payout ratio is presently 29.53%.

Several equities research analysts have recently issued reports on the stock. FBR & Co restated a “hold” rating and issued a $97.00 price objective on shares of Walt Disney in a research note on Friday, September 8th. B. Riley restated a “neutral” rating on shares of Walt Disney in a research note on Wednesday, November 1st. Jefferies Group restated a “hold” rating and issued a $103.77 price objective (up previously from $102.68) on shares of Walt Disney in a research note on Friday, November 10th. Loop Capital restated a “hold” rating and issued a $107.00 price objective (down previously from $108.00) on shares of Walt Disney in a research note on Wednesday, August 16th. Finally, Guggenheim restated a “buy” rating and issued a $122.00 price objective on shares of Walt Disney in a research note on Tuesday, September 5th. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seventeen have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $112.44.

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Walt Disney 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 (NYSE:DIS)

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