Atlantic Trust Group LLC lifted its position in shares of Walt Disney Company (The) (NYSE:DIS) by 34.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 331,189 shares of the entertainment giant’s stock after buying an additional 85,753 shares during the quarter. Atlantic Trust Group LLC’s holdings in Walt Disney were worth $35,190,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Lee Financial Co boosted its position in Walt Disney by 7.6% during the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after purchasing an additional 74 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. bought a new stake in Walt Disney during the first quarter valued at about $144,000. BDO Wealth Advisors LLC bought a new stake in Walt Disney during the second quarter valued at about $153,000. Allegis Investment Advisors LLC bought a new stake in Walt Disney during the second quarter valued at about $206,000. Finally, Atwood & Palmer Inc. boosted its position in Walt Disney by 1.3% during the second quarter. Atwood & Palmer Inc. now owns 1,987 shares of the entertainment giant’s stock valued at $211,000 after purchasing an additional 25 shares in the last quarter. 61.51% of the stock is currently owned by institutional investors and hedge funds.
A number of equities research analysts recently weighed in on the company. Rosenblatt Securities reaffirmed a “hold” rating and set a $115.00 price objective on shares of Walt Disney in a research report on Monday. Goldman Sachs Group set a $133.00 price objective on Walt Disney and gave the company a “buy” rating in a research report on Wednesday, August 9th. Jefferies Group reaffirmed a “hold” rating and set a $110.00 price objective on shares of Walt Disney in a research report on Wednesday, August 9th. BidaskClub downgraded Walt Disney from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. Finally, FBR & Co dropped their price objective on Walt Disney from $114.00 to $112.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 9th. Three investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and sixteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $112.20.
Walt Disney Company (NYSE:DIS) opened at $107.22 on Wednesday. Walt Disney Company has a 12 month low of $96.20 and a 12 month high of $116.10. The stock has a market capitalization of $166,466.58, a PE ratio of 19.34, a PEG ratio of 2.34 and a beta of 1.38. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42.
Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.05). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The firm had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. During the same quarter in the previous year, the business earned $1.10 earnings per share. The company’s revenue for the quarter was down 2.8% compared to the same quarter last year. research analysts anticipate that Walt Disney Company will post 6.24 EPS for the current year.
The company also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, January 11th. Stockholders of record on Monday, December 11th will be paid a $0.84 dividend. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s payout ratio is 27.42%.
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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.
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