Walt Disney Co (DIS) Position Boosted by World Asset Management Inc

World Asset Management Inc increased its position in shares of Walt Disney Co (NYSE:DIS) by 4.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 149,455 shares of the entertainment giant’s stock after purchasing an additional 6,879 shares during the period. World Asset Management Inc owned approximately 9,682.99% of Walt Disney worth $14,732,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in DIS. First American Trust FSB boosted its position in Walt Disney by 2.9% in the 2nd quarter. First American Trust FSB now owns 44,630 shares of the entertainment giant’s stock valued at $4,742,000 after buying an additional 1,268 shares during the period. American National Bank boosted its position in Walt Disney by 2.9% in the 2nd quarter. American National Bank now owns 54,092 shares of the entertainment giant’s stock valued at $5,747,000 after buying an additional 1,508 shares during the period. Trust Co boosted its position in Walt Disney by 1.5% in the 1st quarter. Trust Co now owns 29,942 shares of the entertainment giant’s stock valued at $3,396,000 after buying an additional 437 shares during the period. Stillwater Capital Advisors LLC boosted its position in Walt Disney by 15.2% in the 2nd quarter. Stillwater Capital Advisors LLC now owns 2,242 shares of the entertainment giant’s stock valued at $238,000 after buying an additional 296 shares during the period. Finally, Carlton Hofferkamp & Jenks Wealth Management LLC boosted its position in Walt Disney by 0.9% in the 2nd quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 19,732 shares of the entertainment giant’s stock valued at $2,096,000 after buying an additional 175 shares during the period. 61.52% of the stock is 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 quick ratio of 0.74 and a current ratio of 0.81. The company has a market cap of $169,524.00, a P/E ratio of 19.77, a P/E/G ratio of 2.01 and a beta of 1.38. Walt Disney Co has a 52 week low of $96.20 and a 52 week high of $116.10.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.05). The firm had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The company’s revenue was down 2.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.10 EPS. analysts forecast that Walt Disney Co will post 6.31 earnings per share for the current year.

The company also recently disclosed a Semi-Annual dividend, which was paid on Thursday, January 11th. Investors of record on Monday, December 11th were paid a dividend of $0.84 per share. The ex-dividend date of this dividend was Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is presently 29.53%.

Several research firms have issued reports on DIS. Vetr cut shares of Walt Disney from a “buy” rating to a “hold” rating and set a $113.39 price objective for the company. in a research report on Wednesday, January 3rd. Royal Bank of Canada boosted their price objective on shares of Walt Disney to $135.00 and gave the company a “top pick” rating in a research report on Wednesday, January 3rd. Rosenblatt Securities raised shares of Walt Disney from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $115.00 to $130.00 in a research report on Wednesday, January 3rd. Zacks Investment Research cut shares of Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, December 19th. Finally, Piper Jaffray Companies set a $125.00 price objective on shares of Walt Disney and gave the company a “buy” rating in a research report on Friday, December 15th. 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 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.

Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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