Sepio Capital LP Has $4.15 Million Stake in The Walt Disney Company $DIS

Sepio Capital LP trimmed its position in The Walt Disney Company (NYSE:DIS) by 16.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,449 shares of the entertainment giant’s stock after selling 6,519 shares during the period. Sepio Capital LP’s holdings in Walt Disney were worth $4,148,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in Walt Disney by 1.1% in the 2nd quarter. Vanguard Group Inc. now owns 157,501,484 shares of the entertainment giant’s stock valued at $19,531,759,000 after acquiring an additional 1,639,123 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Walt Disney by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 39,992,231 shares of the entertainment giant’s stock worth $4,935,928,000 after acquiring an additional 458,077 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Walt Disney in the second quarter valued at approximately $4,220,599,000. Norges Bank bought a new stake in shares of Walt Disney in the second quarter worth $2,618,295,000. Finally, Jennison Associates LLC boosted its holdings in Walt Disney by 9.4% during the second quarter. Jennison Associates LLC now owns 20,676,921 shares of the entertainment giant’s stock worth $2,564,145,000 after purchasing an additional 1,774,772 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

DIS has been the topic of several recent research reports. Stephens reiterated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Guggenheim reaffirmed a “buy” rating and issued a $140.00 target price on shares of Walt Disney in a research report on Friday, November 14th. Cowen reiterated a “hold” rating on shares of Walt Disney in a report on Friday, November 14th. Morgan Stanley increased their price target on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Finally, Wells Fargo & Company lowered their price target on Walt Disney from $159.00 to $152.00 and set an “overweight” rating on the stock in a research report on Friday, November 14th. Eighteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $134.41.

Walt Disney Stock Performance

Shares of NYSE DIS opened at $104.35 on Monday. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $186.29 billion, a P/E ratio of 16.36, a P/E/G ratio of 1.45 and a beta of 1.55. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The stock has a 50 day moving average of $110.37 and a 200-day moving average of $114.91.

Walt Disney (NYSE:DIS) last announced 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 net margin of 12.22% and a return on equity of 9.67%. The business had revenue of $22.46 billion during the quarter, compared to the consensus estimate of $22.78 billion. During the same quarter in the previous year, the firm posted $1.14 EPS. Walt Disney’s revenue was down .5% compared to the same quarter last year. As a group, equities research analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be issued a $0.75 dividend. This represents a dividend yield of 139.0%. The ex-dividend date of this dividend is Tuesday, June 30th. Walt Disney’s dividend payout ratio (DPR) 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.