SG Americas Securities LLC Has $30.31 Million Stake in Walt Disney Co (NYSE:DIS)

SG Americas Securities LLC decreased its position in Walt Disney Co (NYSE:DIS) by 61.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 232,588 shares of the entertainment giant’s stock after selling 366,068 shares during the quarter. SG Americas Securities LLC’s holdings in Walt Disney were worth $30,311,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DIS. Phocas Financial Corp. raised its stake in shares of Walt Disney by 1,011,623.0% in the 2nd quarter. Phocas Financial Corp. now owns 65,691,172 shares of the entertainment giant’s stock valued at $917,000 after purchasing an additional 65,684,679 shares during the period. Nuveen Asset Management LLC increased its position in shares of Walt Disney by 6,385.2% in the second quarter. Nuveen Asset Management LLC now owns 16,253,462 shares of the entertainment giant’s stock valued at $2,269,633,000 after acquiring an additional 16,002,838 shares during the last quarter. Jennison Associates LLC increased its position in shares of Walt Disney by 2,490.8% in the second quarter. Jennison Associates LLC now owns 7,164,008 shares of the entertainment giant’s stock valued at $1,000,382,000 after acquiring an additional 6,887,494 shares during the last quarter. Morgan Stanley increased its position in shares of Walt Disney by 29.9% in the second quarter. Morgan Stanley now owns 27,743,170 shares of the entertainment giant’s stock valued at $3,874,059,000 after acquiring an additional 6,386,504 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Walt Disney by 3.3% in the second quarter. Vanguard Group Inc. now owns 131,103,772 shares of the entertainment giant’s stock valued at $18,307,330,000 after acquiring an additional 4,142,604 shares during the last quarter. 68.42% of the stock is currently owned by hedge funds and other institutional investors.

DIS has been the topic of a number of recent research reports. Morgan Stanley set a $160.00 target price on Walt Disney and gave the company a “buy” rating in a research report on Friday, August 2nd. Sanford C. Bernstein set a $130.00 target price on Walt Disney and gave the company a “hold” rating in a research report on Thursday, September 12th. Moffett Nathanson set a $150.00 target price on Walt Disney and gave the company a “buy” rating in a research report on Wednesday, August 7th. ValuEngine downgraded Walt Disney from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Credit Suisse Group reaffirmed a “buy” rating and issued a $150.00 target price on shares of Walt Disney in a research report on Thursday, August 8th. Seven research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. Walt Disney currently has a consensus rating of “Buy” and an average price target of $150.47.

NYSE DIS traded up $5.00 during trading on Friday, reaching $137.96. 24,167,189 shares of the company’s stock were exchanged, compared to its average volume of 7,565,782. The business has a 50 day moving average price of $130.93 and a 200-day moving average price of $136.10. The stock has a market capitalization of $248.52 billion, a P/E ratio of 19.49, a PEG ratio of 4.43 and a beta of 0.96. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.70 and a quick ratio of 0.67. Walt Disney Co has a fifty-two week low of $100.35 and a fifty-two week high of $147.15.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.12. The firm had revenue of $19.10 billion for the quarter, compared to the consensus estimate of $19.02 billion. Walt Disney had a return on equity of 13.08% and a net margin of 19.02%. The business’s revenue was up 33.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.48 earnings per share. On average, analysts forecast that Walt Disney Co will post 5.74 earnings per share for the current year.

Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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

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