Greenwood Capital Associates LLC cut its position in Walt Disney Co (NYSE:DIS) by 2.9% in the 3rd quarter, according to its most recent disclosure 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 1.8% of Greenwood Capital Associates LLC’s portfolio, making the stock its 8th largest position. Greenwood Capital Associates LLC owned 4,792.74% of Walt Disney worth $7,292,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the company. Lee Financial Co raised its holdings in shares of Walt Disney by 7.6% during the second 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 period. Legacy Advisors LLC acquired a new stake in shares of Walt Disney in the 3rd quarter worth about $137,000. Krilogy Financial LLC increased its holdings in shares of Walt Disney by 13.2% in 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 period. IHT Wealth Management LLC increased its holdings in shares of Walt Disney by 34.3% in 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 period. Finally, BDO Wealth Advisors LLC acquired a new stake in shares of Walt Disney in the 2nd quarter worth about $153,000. Institutional investors and hedge funds own 61.58% of the company’s stock.
Shares of Walt Disney Co (DIS) traded down $4.00 during trading on Monday, hitting $104.70. 15,110,000 shares of the stock traded hands, compared to its average volume of 7,470,000. The firm has a market capitalization of $158,130.00, a P/E ratio of 18.43, a price-to-earnings-growth ratio of 1.89 and a beta of 1.30. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81. Walt Disney Co has a twelve month low of $96.20 and a twelve month high of $116.10.
Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the 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 company had revenue of $12.78 billion during the quarter, compared to analyst estimates of $13.30 billion. During the same quarter in the previous year, the business posted $1.10 EPS. The company’s revenue was down 2.8% on a year-over-year basis. analysts anticipate that Walt Disney Co will post 6.46 earnings per share for the current year.
The firm also recently declared a Semi-Annual dividend, which was paid on Thursday, January 11th. Shareholders 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 is currently 29.58%.
A number of brokerages recently issued reports on DIS. Piper Jaffray Companies set a $130.00 target price on shares of Walt Disney and gave the company a “buy” rating in a research 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 raised their price objective for the company from $115.00 to $130.00 in a research report on Wednesday, January 3rd. Zacks Investment Research lowered shares of Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Finally, Vetr cut shares of Walt Disney from a “buy” rating to a “hold” rating and set a $106.77 target price for the company. in a report on Monday, November 13th. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $117.91.
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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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