Greenwood Capital Associates LLC decreased its stake in Walt Disney Co (NYSE:DIS) by 2.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 73,975 shares of the entertainment giant’s stock after selling 2,196 shares during the quarter. Walt Disney accounts for about 1.8% of Greenwood Capital Associates LLC’s portfolio, making the stock its 8th largest position. Greenwood Capital Associates LLC owned approximately 4,792.74% of Walt Disney worth $7,292,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC raised its position in shares of Walt Disney by 0.6% during the second quarter. Tortoise Investment Management LLC now owns 2,269 shares of the entertainment giant’s stock worth $241,000 after purchasing an additional 14 shares during the period. Burt Wealth Advisors raised its position in shares of Walt Disney by 0.5% during the second quarter. Burt Wealth Advisors now owns 3,182 shares of the entertainment giant’s stock worth $338,000 after purchasing an additional 15 shares during the period. Sonata Capital Group Inc. raised its position in shares of Walt Disney by 0.7% during the second quarter. Sonata Capital Group Inc. now owns 2,732 shares of the entertainment giant’s stock worth $290,000 after purchasing an additional 20 shares during the period. Leisure Capital Management raised its position in shares of Walt Disney by 0.5% during the second quarter. Leisure Capital Management now owns 4,449 shares of the entertainment giant’s stock worth $473,000 after purchasing an additional 20 shares during the period. Finally, First Capital Advisors Group LLC. raised its position in shares of Walt Disney by 0.4% during the second quarter. First Capital Advisors Group LLC. now owns 6,515 shares of the entertainment giant’s stock worth $692,000 after purchasing an additional 24 shares during the period. 61.52% of the stock is currently owned by hedge funds and other institutional investors.
Walt Disney Co (NYSE DIS) opened at $112.47 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74. The firm has a market capitalization of $169,860.00, a P/E ratio of 19.80, a price-to-earnings-growth ratio of 1.98 and a beta of 1.38. Walt Disney Co has a one year low of $96.20 and a one year high of $116.10.
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). The company had revenue of $12.78 billion during the quarter, compared to the consensus estimate of $13.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.10 earnings per share. equities research analysts predict that Walt Disney Co will post 6.31 EPS for the current year.
The business also recently declared a Semi-Annual dividend, which was paid on Thursday, January 11th. Shareholders 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 is 29.58%.
A number of equities research analysts have recently commented on the company. Piper Jaffray Companies set a $130.00 price target on Walt Disney and gave the stock a “buy” rating in a research report on Tuesday, October 31st. JPMorgan Chase & Co. set a $125.00 price target on Walt Disney and gave the stock a “buy” rating in a research report on Friday, November 10th. Rosenblatt Securities raised Walt Disney from a “neutral” rating to a “buy” rating and raised their price target for the stock from $115.00 to $130.00 in a research report on Wednesday, January 3rd. Zacks Investment Research lowered Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Finally, Vetr lowered 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 research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target 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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