Voya Investment Management LLC boosted its stake in shares of Walt Disney Co (NYSE:DIS) by 0.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 696,601 shares of the entertainment giant’s stock after acquiring an additional 4,246 shares during the quarter. Voya Investment Management LLC’s holdings in Walt Disney were worth $74,014,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. AJO LP lifted its holdings in Walt Disney by 12,331.6% during the second quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock worth $350,661,000 after buying an additional 3,273,787 shares during the period. Vanguard Group Inc. lifted its holdings in Walt Disney by 2.2% during the second quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock worth $10,497,824,000 after buying an additional 2,131,932 shares during the period. Nordea Investment Management AB lifted its holdings in shares of Walt Disney by 48.7% during the 2nd quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock valued at $564,561,000 after purchasing an additional 1,740,128 shares during the last quarter. Harbour Capital Advisors LLC lifted its holdings in shares of Walt Disney by 10,076.9% during the 2nd quarter. Harbour Capital Advisors LLC now owns 1,387,625 shares of the entertainment giant’s stock valued at $13,060,000 after purchasing an additional 1,373,990 shares during the last quarter. Finally, HS Management Partners LLC increased its position in shares of Walt Disney by 53.5% in the 2nd quarter. HS Management Partners LLC now owns 2,451,283 shares of the entertainment giant’s stock valued at $260,449,000 after acquiring an additional 854,765 shares during the period. 61.51% of the stock is currently owned by institutional investors.
Several equities research analysts have weighed in on the company. Rosenblatt Securities reaffirmed a “hold” rating and set a $115.00 price target on shares of Walt Disney in a research report on Monday, December 4th. Vetr lowered shares of Walt Disney from a “buy” rating to a “hold” rating and set a $107.36 target price on the stock. in a research note on Wednesday, November 29th. Piper Jaffray Companies reissued a “buy” rating and set a $120.00 target price on shares of Walt Disney in a research note on Wednesday, November 22nd. BMO Capital Markets reaffirmed a “sell” rating and issued a $90.00 price target on shares of Walt Disney in a research note on Wednesday, November 22nd. Finally, Zacks Investment Research raised shares of Walt Disney from a “sell” rating to a “hold” rating in a research note on Wednesday, November 15th. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and sixteen have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $112.34.
Walt Disney Co (DIS) opened at $104.23 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81. The firm has a market cap of $158,975.44, a P/E ratio of 18.47, a price-to-earnings-growth ratio of 2.24 and a beta of 1.38. Walt Disney Co has a one year low of $96.20 and a one year high of $116.10.
Walt Disney (NYSE:DIS) last released 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 business had revenue of $12.78 billion during the quarter, compared to analyst estimates of $13.30 billion. During the same period in the previous year, the company earned $1.10 EPS. Walt Disney’s revenue was down 2.8% on a year-over-year basis. equities analysts expect that Walt Disney Co will post 6.24 EPS for the current year.
The company also recently declared a Semi-Annual dividend, which will be paid on Thursday, January 11th. Investors of record on Monday, December 11th will be issued a dividend of $0.84 per share. 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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