Massey Quick Simon & CO. LLC lifted its stake in Walt Disney Co (NYSE:DIS) by 78.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,607 shares of the entertainment giant’s stock after acquiring an additional 1,144 shares during the period. Massey Quick Simon & CO. LLC’s holdings in Walt Disney were worth $257,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently modified their holdings of the company. Vantage Financial Partners Ltd. Inc. acquired a new stake in Walt Disney during the second quarter valued at approximately $925,000. Lee Financial Co lifted its stake in Walt Disney by 7.6% during the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after purchasing an additional 74 shares during the last quarter. Legacy Advisors LLC acquired a new stake in Walt Disney during the third quarter valued at approximately $137,000. Krilogy Financial LLC lifted its stake in Walt Disney by 13.2% during the second quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after purchasing an additional 166 shares during the last quarter. Finally, BDO Wealth Advisors LLC acquired a new stake in Walt Disney during the second quarter valued at approximately $153,000. 61.55% of the stock is owned by institutional investors.
Several analysts recently commented on DIS shares. Macquarie raised shares of Walt Disney from a “neutral” rating to an “outperform” rating and increased their target price for the company from $112.00 to $125.00 in a research note on Tuesday, January 2nd. Goldman Sachs Group increased their target price on shares of Walt Disney from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, November 10th. Loop Capital restated a “buy” rating and set a $106.00 price target on shares of Walt Disney in a report on Monday, December 11th. Zacks Investment Research upgraded shares of Walt Disney from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Finally, Pivotal Research boosted their price target on shares of Walt Disney from $83.00 to $91.00 and gave the company a “sell” rating in a report on Thursday, December 14th. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, nineteen have assigned 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 price target of $116.15.
Walt Disney Co (NYSE:DIS) opened at $110.59 on Friday. The firm has a market cap of $166,343.86, a P/E ratio of 19.44, a price-to-earnings-growth ratio of 1.94 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74. Walt Disney Co has a 12 month low of $96.20 and a 12 month high of $116.10.
Walt Disney (NYSE:DIS) last released its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). The company had revenue of $12.78 billion during the quarter, compared to analyst estimates of $13.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The firm’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.10 EPS. equities research analysts expect that Walt Disney Co will post 6.42 earnings per share for the current year.
The business also recently disclosed 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 was Friday, December 8th. Walt Disney’s dividend payout ratio is presently 29.53%.
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About Walt Disney
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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