Generali Investments Management Co LLC Has $3.14 Million Holdings in The Walt Disney Company $DIS

Generali Investments Management Co LLC trimmed its holdings in The Walt Disney Company (NYSE:DIS) by 18.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,381 shares of the entertainment giant’s stock after selling 5,561 shares during the period. Generali Investments Management Co LLC’s holdings in Walt Disney were worth $3,143,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. J. Safra Sarasin Holding AG raised its position in Walt Disney by 8.1% in the 1st quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant’s stock valued at $21,983,000 after buying an additional 16,781 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in Walt Disney during the 2nd quarter worth approximately $4,220,599,000. Wedge Capital Management L L P NC grew its stake in shares of Walt Disney by 8,744.0% during the 2nd quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant’s stock worth $39,724,000 after acquiring an additional 316,707 shares in the last quarter. Lodge Hill Capital LLC acquired a new stake in shares of Walt Disney in the first quarter valued at approximately $24,373,000. Finally, Border to Coast Pensions Partnership Ltd lifted its position in shares of Walt Disney by 13.6% in the second quarter. Border to Coast Pensions Partnership Ltd now owns 502,961 shares of the entertainment giant’s stock worth $62,372,000 after purchasing an additional 60,353 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on DIS shares. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a research report on Monday, August 11th. Stephens restated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. UBS Group reissued a “buy” rating and set a $138.00 price target on shares of Walt Disney in a research report on Friday. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Walt Disney in a research report on Wednesday, October 8th. Eighteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Walt Disney has an average rating of “Moderate Buy” and an average target price of $134.41.

Walt Disney Price Performance

Shares of NYSE DIS opened at $105.87 on Friday. 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 business’s 50 day moving average price is $112.79 and its two-hundred day moving average price is $114.57. The company has a market cap of $190.34 billion, a PE ratio of 16.59, a price-to-earnings-growth ratio of 1.45 and a beta of 1.55. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69.

Walt Disney (NYSE:DIS) last issued its earnings results on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, topping the consensus estimate of $1.03 by $0.08. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $22.46 billion during the quarter, compared to the consensus estimate of $22.78 billion. During the same period in the previous year, the company posted $1.14 EPS. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. On average, analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Dividend Announcement

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 $0.75 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a dividend yield of 139.0%. Walt Disney’s dividend payout ratio is presently 21.87%.

About Walt Disney

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.