Osprey Private Wealth LLC grew its holdings in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 29.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 46,155 shares of the entertainment giant’s stock after buying an additional 10,605 shares during the period. Walt Disney makes up approximately 1.9% of Osprey Private Wealth LLC’s investment portfolio, making the stock its 20th largest holding. Osprey Private Wealth LLC’s holdings in Walt Disney were worth $5,285,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of DIS. Kondo Wealth Advisors Inc. lifted its holdings in shares of Walt Disney by 1.2% in the second quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant’s stock valued at $904,000 after purchasing an additional 84 shares in the last quarter. Cornerstone Advisory LLC grew its stake in Walt Disney by 1.5% during the second quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant’s stock worth $730,000 after buying an additional 86 shares during the period. Physician Wealth Advisors Inc. lifted its stake in shares of Walt Disney by 3.5% during the second quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock worth $323,000 after purchasing an additional 87 shares in the last quarter. Childress Capital Advisors LLC raised its stake in shares of Walt Disney by 3.3% during the second quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock valued at $341,000 after purchasing an additional 87 shares during the period. Finally, Apollon Financial LLC boosted its position in Walt Disney by 1.5% in the 2nd quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock valued at $755,000 after buying an additional 87 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.
Walt Disney Trading Down 0.9%
DIS stock opened at $110.56 on Thursday. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.31. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The company has a market cap of $197.39 billion, a P/E ratio of 16.12, a PEG ratio of 1.54 and a beta of 1.49. The business has a fifty day moving average of $109.15 and a 200-day moving average of $114.58.
Walt Disney Dividend Announcement
The company also recently announced a dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a dividend yield of 139.0%. Walt Disney’s dividend payout ratio (DPR) is currently 21.87%.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on DIS shares. Cowen reiterated a “hold” rating on shares of Walt Disney in a research report on Friday, November 14th. Rosenblatt Securities reiterated a “buy” rating and issued a $141.00 target price on shares of Walt Disney in a report on Friday, October 17th. Wells Fargo & Company dropped their price objective on shares of Walt Disney from $159.00 to $152.00 and set an “overweight” rating on the stock in a research note on Friday, November 14th. Jefferies Financial Group decreased their price objective on shares of Walt Disney from $144.00 to $136.00 and set a “buy” rating for the company in a report on Friday, November 14th. Finally, Citigroup reissued a “positive” rating on shares of Walt Disney in a research report on Friday, November 14th. Nineteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $134.41.
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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