WP Advisors LLC Has $244,000 Holdings in The Walt Disney Company $DIS

WP Advisors LLC decreased its position in The Walt Disney Company (NYSE:DIS) by 22.0% in the second quarter, HoldingsChannel reports. The firm owned 1,966 shares of the entertainment giant’s stock after selling 555 shares during the period. WP Advisors LLC’s holdings in Walt Disney were worth $244,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in DIS. Kingstone Capital Partners Texas LLC acquired a new position in Walt Disney during the second quarter valued at $4,220,599,000. Nuveen LLC purchased a new position in Walt Disney during the 1st quarter valued at about $1,353,607,000. Boston Partners grew its stake in Walt Disney by 83.7% during the 2nd quarter. Boston Partners now owns 6,904,741 shares of the entertainment giant’s stock valued at $854,537,000 after acquiring an additional 3,146,450 shares in the last quarter. Diamond Hill Capital Management Inc. increased its holdings in shares of Walt Disney by 1,080.7% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock valued at $277,993,000 after purchasing an additional 2,578,004 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of Walt Disney by 1.6% in the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock worth $15,383,615,000 after purchasing an additional 2,446,087 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Down 7.8%

Shares of Walt Disney stock opened at $107.57 on Friday. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The stock has a market capitalization of $193.41 billion, a P/E ratio of 16.86, a PEG 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 stock has a 50 day moving average price of $113.03 and a two-hundred day moving average price of $114.30.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.08. The business had revenue of $22.46 billion during the quarter, compared to analysts’ expectations of $22.78 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. Walt Disney’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the previous year, the company earned $1.14 earnings per share. Equities analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Evercore ISI lifted their target price on shares of Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, August 4th. Arete Research raised shares of Walt Disney to a “strong sell” rating in a research note on Tuesday, October 28th. Jefferies Financial Group lowered Walt Disney from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Finally, Morgan Stanley lifted their price objective on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Nineteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $132.90.

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.