Amussen Hunsaker & Associates LLC Invests $3.09 Million in Walt Disney Co (DIS)

Amussen Hunsaker & Associates LLC bought a new stake in shares of Walt Disney Co (NYSE:DIS) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 29,039 shares of the entertainment giant’s stock, valued at approximately $3,085,000. Walt Disney comprises approximately 3.4% of Amussen Hunsaker & Associates LLC’s portfolio, making the stock its 8th largest holding.

A number of other large investors have also recently bought and sold shares of DIS. Ariel Capital Advisors LLC lifted its position in Walt Disney by 4.9% during the first quarter. Ariel Capital Advisors LLC now owns 28,046 shares of the entertainment giant’s stock valued at $3,180,000 after acquiring an additional 1,298 shares during the last quarter. Tocqueville Asset Management L.P. lifted its position in Walt Disney by 8.9% during the first quarter. Tocqueville Asset Management L.P. now owns 475,780 shares of the entertainment giant’s stock valued at $53,949,000 after acquiring an additional 38,985 shares during the last quarter. Canal Capital Management LLC lifted its position in Walt Disney by 17.4% during the first quarter. Canal Capital Management LLC now owns 4,998 shares of the entertainment giant’s stock valued at $567,000 after acquiring an additional 742 shares during the last quarter. Cookson Peirce & Co. Inc. lifted its position in Walt Disney by 27.5% during the first quarter. Cookson Peirce & Co. Inc. now owns 2,886 shares of the entertainment giant’s stock valued at $327,000 after acquiring an additional 622 shares during the last quarter. Finally, Advisor Partners LLC lifted its position in Walt Disney by 18.0% during the first quarter. Advisor Partners LLC now owns 26,083 shares of the entertainment giant’s stock valued at $2,958,000 after acquiring an additional 3,985 shares during the last quarter. 61.51% of the stock is owned by institutional investors.

A number of research firms recently commented on DIS. Rosenblatt Securities reissued a “hold” rating and set a $115.00 target price on shares of Walt Disney in a research report on Monday, December 4th. Loop Capital reissued a “buy” rating and set a $106.00 target price on shares of Walt Disney in a research report on Monday. 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 report on Friday, November 10th. B. Riley reaffirmed a “hold” rating and issued a $101.00 price target (up previously from $97.00) on shares of Walt Disney in a report on Friday, November 10th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and issued a $120.00 price target on shares of Walt Disney in a report on Friday, November 10th. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seventeen have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $112.44.

Shares of Walt Disney Co (NYSE:DIS) opened at $107.43 on Wednesday. Walt Disney Co has a 52-week low of $96.20 and a 52-week high of $116.10. The stock has a market cap of $161,346.63, a PE ratio of 18.74, a PEG ratio of 2.28 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 (NYSE:DIS) last announced its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The company had revenue of $12.78 billion during the quarter, compared to analyst estimates of $13.30 billion. During the same quarter last year, the business earned $1.10 EPS. The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. sell-side analysts forecast that Walt Disney Co will post 6.23 EPS for the current 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 of this dividend is Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is 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.

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

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