Semanteon Capital Management LP Makes New $662,000 Investment in The Walt Disney Company $DIS

Semanteon Capital Management LP acquired a new stake in The Walt Disney Company (NYSE:DIS) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 5,341 shares of the entertainment giant’s stock, valued at approximately $662,000.

Other institutional investors have also added to or reduced their stakes in the company. Westpac Banking Corp lifted its holdings in shares of Walt Disney by 6.0% during the second quarter. Westpac Banking Corp now owns 18,427 shares of the entertainment giant’s stock valued at $2,285,000 after purchasing an additional 1,044 shares in the last quarter. Western Wealth Management LLC raised its position in Walt Disney by 6.9% in the 2nd quarter. Western Wealth Management LLC now owns 15,186 shares of the entertainment giant’s stock worth $1,883,000 after buying an additional 981 shares during the last quarter. Financial Gravity Companies Inc. purchased a new stake in shares of Walt Disney during the 2nd quarter valued at about $2,718,000. Kingsview Wealth Management LLC raised its holdings in shares of Walt Disney by 1.9% during the second quarter. Kingsview Wealth Management LLC now owns 40,988 shares of the entertainment giant’s stock valued at $5,083,000 after purchasing an additional 774 shares during the last quarter. Finally, Pinney & Scofield Inc. lifted its position in Walt Disney by 19.4% during the second quarter. Pinney & Scofield Inc. now owns 1,158 shares of the entertainment giant’s stock valued at $144,000 after purchasing an additional 188 shares during the period. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Morgan Stanley increased their price target on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Cowen reiterated a “hold” rating on shares of Walt Disney in a research report on Friday. Jefferies Financial Group dropped their target price on Walt Disney from $144.00 to $136.00 and set a “buy” rating on the stock in a research report on Friday. Stephens reaffirmed a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Eighteen investment 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.com, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $134.41.

Walt Disney Trading Down 1.6%

Shares of NYSE:DIS opened at $105.87 on Monday. The stock has a 50 day moving average of $112.79 and a 200 day moving average of $114.74. 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 12-month low of $80.10 and a 12-month high of $124.69. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results 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 analyst estimates of $22.78 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company’s revenue was down .5% on a year-over-year basis. During the same period in the prior year, the business posted $1.14 earnings per share. As a group, equities research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Dividend Announcement

The firm 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. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a yield of 139.0%. Walt Disney’s dividend payout ratio (DPR) is currently 21.87%.

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.