Schwab Charitable Fund Increases Holdings in Walt Disney Co (NYSE:DIS)

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Schwab Charitable Fund lifted its holdings in shares of Walt Disney Co (NYSE:DIS) by 11.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,000 shares of the entertainment giant’s stock after purchasing an additional 310 shares during the period. Walt Disney comprises approximately 0.2% of Schwab Charitable Fund’s investment portfolio, making the stock its 26th largest holding. Schwab Charitable Fund’s holdings in Walt Disney were worth $434,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. State Street Corp lifted its holdings in Walt Disney by 2.0% during the third quarter. State Street Corp now owns 74,553,147 shares of the entertainment giant’s stock valued at $9,715,766,000 after purchasing an additional 1,431,054 shares during the last quarter. Phocas Financial Corp. boosted its position in Walt Disney by 1,011,623.0% during the second quarter. Phocas Financial Corp. now owns 65,691,172 shares of the entertainment giant’s stock worth $91,731,000 after purchasing an additional 65,684,679 shares during the period. Morgan Stanley increased its stake in shares of Walt Disney by 29.9% in the second quarter. Morgan Stanley now owns 27,743,170 shares of the entertainment giant’s stock worth $3,874,059,000 after purchasing an additional 6,386,504 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Walt Disney by 15.4% in the second quarter. Price T Rowe Associates Inc. MD now owns 22,012,053 shares of the entertainment giant’s stock worth $3,073,763,000 after purchasing an additional 2,939,011 shares in the last quarter. Finally, Nuveen Asset Management LLC raised its position in shares of Walt Disney by 6,385.2% in the second quarter. Nuveen Asset Management LLC now owns 16,253,462 shares of the entertainment giant’s stock valued at $2,269,633,000 after purchasing an additional 16,002,838 shares during the period. Institutional investors own 64.07% of the company’s stock.

DIS has been the topic of a number of recent research reports. Evercore ISI restated a “buy” rating and set a $155.00 price target on shares of Walt Disney in a research note on Monday, November 11th. Consumer Edge assumed coverage on shares of Walt Disney in a research note on Monday, November 25th. They issued an “overweight” rating and a $175.00 price objective for the company. Deutsche Bank boosted their target price on shares of Walt Disney from $132.00 to $139.00 and gave the company a “hold” rating in a report on Friday, November 15th. ValuEngine downgraded Walt Disney from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $160.00 price target on shares of Walt Disney in a report on Monday, November 25th. Seven investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $154.31.

DIS opened at $144.32 on Thursday. The company has a fifty day moving average price of $146.80 and a 200-day moving average price of $139.65. The firm has a market capitalization of $261.71 billion, a P/E ratio of 25.01, a price-to-earnings-growth ratio of 5.70 and a beta of 1.00. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.90 and a quick ratio of 0.84. Walt Disney Co has a one year low of $107.32 and a one year high of $153.41.

Walt Disney (NYSE:DIS) last announced its earnings results on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.12. Walt Disney had a net margin of 15.89% and a return on equity of 11.38%. The business had revenue of $19.10 billion for the quarter, compared to the consensus estimate of $19.02 billion. During the same period last year, the firm posted $1.48 earnings per share. Walt Disney’s quarterly revenue was up 33.6% on a year-over-year basis. On average, analysts expect that Walt Disney Co will post 5.35 earnings per share for the current year.

The business also recently declared a semi-annual dividend, which will be paid on Thursday, January 16th. Stockholders of record on Monday, December 16th will be issued a $0.88 dividend. This represents a dividend yield of 1.2%. The ex-dividend date is Friday, December 13th. Walt Disney’s payout ratio is 30.50%.

In other Walt Disney news, CFO Christine M. Mccarthy sold 4,617 shares of Walt Disney stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $139.20, for a total transaction of $642,686.40. Following the completion of the sale, the chief financial officer now owns 135,756 shares of the company’s stock, valued at $18,897,235.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Alan N. Braverman sold 3,107 shares of Walt Disney stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $146.14, for a total value of $454,056.98. Following the sale, the executive vice president now directly owns 104,358 shares of the company’s stock, valued at approximately $15,250,878.12. The disclosure for this sale can be found here. Insiders sold a total of 18,837 shares of company stock worth $2,759,138 in the last three months. Insiders own 0.36% of the company’s stock.

Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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