Sentry Investment Management LLC raised its position in Walt Disney Co (NYSE:DIS) by 1.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 116,061 shares of the entertainment giant’s stock after purchasing an additional 1,163 shares during the period. Sentry Investment Management LLC’s holdings in Walt Disney were worth $12,331,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the business. Ariel Capital Advisors LLC raised its position in shares of Walt Disney by 4.9% during the 1st quarter. Ariel Capital Advisors LLC now owns 28,046 shares of the entertainment giant’s stock valued at $3,180,000 after buying an additional 1,298 shares in the last quarter. Tocqueville Asset Management L.P. raised its position in shares of Walt Disney by 8.9% during the 1st quarter. Tocqueville Asset Management L.P. now owns 475,780 shares of the entertainment giant’s stock valued at $53,949,000 after buying an additional 38,985 shares in the last quarter. Canal Capital Management LLC raised its position in shares of Walt Disney by 17.4% during the 1st quarter. Canal Capital Management LLC now owns 4,998 shares of the entertainment giant’s stock valued at $567,000 after buying an additional 742 shares in the last quarter. Cookson Peirce & Co. Inc. raised its position in shares of Walt Disney by 27.5% during the 1st quarter. Cookson Peirce & Co. Inc. now owns 2,886 shares of the entertainment giant’s stock valued at $327,000 after buying an additional 622 shares in the last quarter. Finally, Advisor Partners LLC raised its position in Walt Disney by 18.0% in the 1st quarter. Advisor Partners LLC now owns 26,083 shares of the entertainment giant’s stock worth $2,958,000 after purchasing an additional 3,985 shares during the period. 61.51% of the stock is owned by hedge funds and other institutional investors.
A number of equities analysts recently commented on DIS shares. Guggenheim reiterated a “buy” rating and issued a $122.00 target price on shares of Walt Disney in a research report on Tuesday, September 5th. Jefferies Group reiterated a “hold” rating and issued a $103.00 target price (down previously from $110.00) on shares of Walt Disney in a research report on Friday, October 6th. Pivotal Research lifted their target price on shares of Walt Disney from $83.00 to $91.00 and gave the stock a “sell” rating in a research report on Thursday. BTIG Research reiterated a “sell” rating on shares of Walt Disney in a research report on Monday, September 25th. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of Walt Disney in a research report on Tuesday, September 12th. Three analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seventeen have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $113.44.
Walt Disney Co (DIS) traded up $2.96 during mid-day trading on Friday, hitting $110.57. 27,571,300 shares of the company’s stock were exchanged, compared to its average volume of 7,369,209. Walt Disney Co has a 12-month low of $96.20 and a 12-month high of $116.10. The stock has a market capitalization of $162,524.66, a PE ratio of 18.88, a price-to-earnings-growth ratio of 2.29 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74.
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 analysts’ consensus estimates of $1.12 by ($0.05). The firm had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. Walt Disney’s revenue was down 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.10 EPS. research analysts expect that Walt Disney Co will post 6.23 EPS for the current fiscal year.
The business also recently announced a Semi-Annual dividend, which will be paid on Thursday, January 11th. Stockholders of record on Monday, December 11th will be paid a dividend of $0.84 per share. The ex-dividend date is Friday, December 8th. Walt Disney’s payout ratio is 29.53%.
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Walt Disney Profile
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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