Schroder Investment Management Group lifted its position in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 34.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,082,752 shares of the entertainment giant’s stock after purchasing an additional 275,310 shares during the period. Schroder Investment Management Group owned about 0.06% of Walt Disney worth $134,272,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Mackenzie Financial Corp boosted its position in Walt Disney by 19.8% during the 2nd quarter. Mackenzie Financial Corp now owns 663,249 shares of the entertainment giant’s stock worth $82,250,000 after buying an additional 109,726 shares during the period. Loomis Sayles & Co. L P increased its position in Walt Disney by 1.5% in the 2nd quarter. Loomis Sayles & Co. L P now owns 14,335,828 shares of the entertainment giant’s stock valued at $1,777,786,000 after acquiring an additional 217,142 shares during the period. Skandinaviska Enskilda Banken AB publ raised its stake in shares of Walt Disney by 3.5% during the second quarter. Skandinaviska Enskilda Banken AB publ now owns 394,284 shares of the entertainment giant’s stock valued at $48,907,000 after acquiring an additional 13,274 shares during the last quarter. Ceredex Value Advisors LLC raised its stake in shares of Walt Disney by 44.6% during the second quarter. Ceredex Value Advisors LLC now owns 350,992 shares of the entertainment giant’s stock valued at $43,527,000 after acquiring an additional 108,304 shares during the last quarter. Finally, F m Investments LLC lifted its holdings in shares of Walt Disney by 1.2% during the second quarter. F m Investments LLC now owns 55,797 shares of the entertainment giant’s stock worth $6,932,000 after purchasing an additional 659 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently weighed in on DIS. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Needham & Company LLC reiterated a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research report on Thursday, November 13th. Wells Fargo & Company lowered their price objective on Walt Disney from $159.00 to $152.00 and set an “overweight” rating for the company in a research report on Friday, November 14th. Guggenheim reaffirmed a “buy” rating and issued a $140.00 price objective on shares of Walt Disney in a research note on Friday, November 14th. Finally, UBS Group reiterated a “buy” rating and issued a $138.00 target price on shares of Walt Disney in a report on Friday, November 14th. Eighteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $134.41.
Walt Disney Stock Up 0.9%
Shares of NYSE:DIS opened at $104.35 on Friday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The business’s 50-day moving average is $110.37 and its 200-day moving average is $114.89. The company has a market capitalization of $186.29 billion, a price-to-earnings ratio of 16.36, a P/E/G ratio of 1.45 and a beta of 1.55.
Walt Disney (NYSE:DIS – Get Free Report) last released its earnings results on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, topping the consensus estimate of $1.03 by $0.08. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The business had revenue of $22.46 billion during the quarter, compared to analysts’ expectations of $22.78 billion. During the same quarter last year, the firm posted $1.14 earnings per share. The firm’s revenue was down .5% on a year-over-year basis. Equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.
Walt Disney Announces Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be paid a $0.75 dividend. The ex-dividend date is Tuesday, June 30th. This represents a dividend yield of 139.0%. Walt Disney’s payout ratio is currently 21.87%.
Walt Disney 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.
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