Hall Capital Management Co. Inc. raised its position in Walt Disney Co (NYSE:DIS) by 3.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,193 shares of the entertainment giant’s stock after acquiring an additional 579 shares during the period. Walt Disney makes up approximately 1.9% of Hall Capital Management Co. Inc.’s holdings, making the stock its 19th biggest holding. Hall Capital Management Co. Inc.’s holdings in Walt Disney were worth $2,039,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently made changes to their positions in DIS. Lee Financial Co raised its holdings in shares of Walt Disney by 7.6% in the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after buying an additional 74 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. purchased a new position in shares of Walt Disney in the first quarter worth $144,000. BDO Wealth Advisors LLC purchased a new position in shares of Walt Disney in the second quarter worth $153,000. Acrospire Investment Management LLC purchased a new position in shares of Walt Disney in the second quarter worth $170,000. Finally, Almanack Investment Partners LLC. purchased a new position in shares of Walt Disney in the second quarter worth $198,000. Institutional investors own 61.51% of the company’s stock.
A number of research analysts have issued reports on the stock. FBR & Co reaffirmed a “hold” rating and issued a $97.00 price target on shares of Walt Disney in a report on Friday, September 8th. B. Riley reaffirmed a “neutral” rating on shares of Walt Disney in a report on Wednesday, November 1st. Jefferies Group reaffirmed a “hold” rating and issued a $103.77 price target (up previously from $102.68) on shares of Walt Disney in a report on Friday, November 10th. Loop Capital reissued a “hold” rating and set a $107.00 target price (down previously from $108.00) on shares of Walt Disney in a report on Wednesday, August 16th. Finally, Guggenheim reissued a “buy” rating and set a $122.00 target price on shares of Walt Disney in a report on Tuesday, September 5th. Three analysts have rated the stock with a sell rating, sixteen have given a hold rating and sixteen have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $112.34.
Walt Disney Co (NYSE DIS) opened at $104.23 on Friday. Walt Disney Co has a fifty-two week low of $96.20 and a fifty-two week high of $116.10. 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 cap of $157,403.20, a price-to-earnings ratio of 18.28, a price-to-earnings-growth ratio of 2.22 and a beta of 1.38.
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 analysts’ consensus estimates of $1.12 by ($0.05). Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The firm had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. During the same period in the previous year, the firm posted $1.10 EPS. The firm’s quarterly revenue was down 2.8% on a year-over-year basis. equities research analysts expect that Walt Disney Co will post 6.24 EPS for the current fiscal year.
The business also recently announced a Semi-Annual dividend, which will be paid on Thursday, January 11th. Stockholders of record on Monday, December 11th will be given a $0.84 dividend. The ex-dividend date is Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is 27.42%.
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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