Blue Edge Capital LLC held its position in Walt Disney Co (NYSE:DIS) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,952 shares of the entertainment giant’s stock at the close of the 2nd quarter. Blue Edge Capital LLC’s holdings in Walt Disney were worth $314,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Cubist Systematic Strategies LLC increased its position in Walt Disney by 532.4% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 7,424 shares of the entertainment giant’s stock worth $789,000 after buying an additional 6,250 shares during the period. Earnest Partners LLC increased its position in Walt Disney by 1.2% during the 2nd quarter. Earnest Partners LLC now owns 224,110 shares of the entertainment giant’s stock worth $23,812,000 after buying an additional 2,739 shares during the period. Carret Asset Management LLC increased its position in Walt Disney by 3.7% during the 2nd quarter. Carret Asset Management LLC now owns 91,585 shares of the entertainment giant’s stock worth $9,731,000 after buying an additional 3,277 shares during the period. First Commonwealth Financial Corp PA increased its position in Walt Disney by 18.8% during the 2nd quarter. First Commonwealth Financial Corp PA now owns 17,146 shares of the entertainment giant’s stock worth $1,822,000 after buying an additional 2,714 shares during the period. Finally, BlueCrest Capital Management Ltd bought a new position in Walt Disney during the 2nd quarter worth $2,523,000. Institutional investors and hedge funds own 61.51% of the company’s stock.
Shares of Walt Disney Co (NYSE:DIS) opened at $107.46 on Tuesday. The firm has a market capitalization of $157,403.20, a PE ratio of 18.28, a P/E/G ratio of 2.22 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 consensus estimate of $1.12 by ($0.05). The business 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 business’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same period last year, the business earned $1.10 earnings per share. equities analysts predict that Walt Disney Co will post 6.24 EPS for the current fiscal year.
The company also recently announced a Semi-Annual dividend, which will be paid on Thursday, January 11th. Shareholders of record on Monday, December 11th will be given a $0.84 dividend. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s dividend payout ratio is presently 29.53%.
Several research analysts have weighed in on DIS shares. Guggenheim reiterated a “buy” rating and set a $122.00 price objective on shares of Walt Disney in a research report on Tuesday, September 5th. Jefferies Group reiterated a “hold” rating and set a $103.00 price objective (down previously from $110.00) on shares of Walt Disney in a research report on Friday, October 6th. BTIG Research reissued a “sell” rating on shares of Walt Disney in a report on Monday, September 25th. Sanford C. Bernstein reissued a “market perform” rating on shares of Walt Disney in a report on Tuesday, September 12th. Finally, Morgan Stanley reduced their target price on Walt Disney from $130.00 to $120.00 and set an “overweight” rating on the stock in a report on Tuesday, October 31st. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and seventeen have given a buy rating to the company’s stock. Walt Disney has an average rating of “Hold” and a consensus price target of $112.44.
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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