The Walt Disney Company $DIS Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 5.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 489,955 shares of the entertainment giant’s stock after selling 28,496 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Walt Disney were worth $60,724,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DIS. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Walt Disney in the first quarter worth about $26,000. DiNuzzo Private Wealth Inc. lifted its stake in Walt Disney by 82.5% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after purchasing an additional 94 shares in the last quarter. Harbor Asset Planning Inc. purchased a new position in Walt Disney during the second quarter worth approximately $37,000. RMG Wealth Management LLC acquired a new position in shares of Walt Disney during the 2nd quarter valued at about $49,000. Finally, Wealth Preservation Advisors LLC acquired a new position in Walt Disney in the 1st quarter valued at about $53,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Morgan Stanley upped their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Wall Street Zen lowered shares of Walt Disney from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Rosenblatt Securities reiterated a “buy” rating and set a $141.00 price target on shares of Walt Disney in a research report on Friday, October 17th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Nineteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $132.90.

Walt Disney Stock Performance

Shares of DIS stock opened at $107.57 on Friday. The firm has a 50 day moving average of $113.03 and a two-hundred day moving average of $114.30. The stock has a market capitalization of $193.41 billion, a PE ratio of 16.86, a P/E/G ratio of 1.45 and a beta of 1.55. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.08. The business had revenue of $22.46 billion for the quarter, compared to analysts’ expectations of $22.78 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company’s revenue for the quarter was down .5% compared to the same quarter last year. During the same period last year, the firm earned $1.14 earnings per share. On average, research analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a dividend yield of 139.0%. Walt Disney’s payout ratio is currently 15.67%.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.