Lindsell Train Ltd boosted its stake in shares of Walt Disney Co (NYSE:DIS) by 17.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,962,229 shares of the entertainment giant’s stock after purchasing an additional 439,000 shares during the quarter. Walt Disney accounts for approximately 9.8% of Lindsell Train Ltd’s holdings, making the stock its 4th biggest position. Lindsell Train Ltd owned 0.19% of Walt Disney worth $291,987,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in DIS. Lee Financial Co grew its holdings in shares of Walt Disney by 7.6% in the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after purchasing an additional 74 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. bought a new stake in Walt Disney during the 1st quarter worth about $144,000. Krilogy Financial LLC grew its holdings in Walt Disney by 13.2% during the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock worth $151,000 after acquiring an additional 166 shares during the last quarter. IHT Wealth Management LLC grew its holdings in Walt Disney by 34.3% during the 2nd quarter. IHT Wealth Management LLC now owns 15,377 shares of the entertainment giant’s stock worth $152,000 after acquiring an additional 3,923 shares during the last quarter. Finally, BDO Wealth Advisors LLC bought a new stake in Walt Disney during the 2nd quarter worth about $153,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.
Shares of Walt Disney Co (NYSE DIS) opened at $112.47 on Friday. Walt Disney Co has a twelve month low of $96.20 and a twelve month high of $116.10. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $169,860.00, a price-to-earnings ratio of 19.80, a price-to-earnings-growth ratio of 1.98 and a beta of 1.38.
Walt Disney (NYSE:DIS) last posted its 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 firm had revenue of $12.78 billion for the quarter, compared to analyst estimates of $13.30 billion. During the same period in the prior year, the business posted $1.10 EPS. The firm’s quarterly revenue was down 2.8% compared to the same quarter last year. equities research analysts expect that Walt Disney Co will post 6.31 earnings per share for the current fiscal year.
The business also recently declared a Semi-Annual dividend, which was paid on Thursday, January 11th. Investors of record on Monday, December 11th were paid a $0.84 dividend. The ex-dividend date of this dividend was Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is presently 29.58%.
A number of brokerages have commented on DIS. Piper Jaffray Companies set a $130.00 price objective on shares of Walt Disney and gave the stock a “buy” rating in a report on Tuesday, October 31st. JPMorgan Chase & Co. set a $125.00 target price on shares of Walt Disney and gave the company a “buy” rating in a research report on Friday, November 10th. Rosenblatt Securities upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their target price for the company from $115.00 to $130.00 in a research report on Wednesday, January 3rd. Zacks Investment Research downgraded shares of Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday. Finally, Vetr downgraded shares of Walt Disney from a “buy” rating to a “hold” rating and set a $106.77 price target on the stock. in a research report on Monday, November 13th. Four analysts have rated the stock with a sell rating, thirteen have given a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $116.07.
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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.
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