Walt Disney Co (DIS) Shares Bought by Hennessy Advisors Inc.

Hennessy Advisors Inc. increased its position in Walt Disney Co (NYSE:DIS) by 3.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,500 shares of the entertainment giant’s stock after purchasing an additional 600 shares during the quarter. Hennessy Advisors Inc.’s holdings in Walt Disney were worth $1,824,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in DIS. Stillwater Capital Advisors LLC grew its stake in Walt Disney by 15.2% in the second quarter. Stillwater Capital Advisors LLC now owns 2,242 shares of the entertainment giant’s stock worth $238,000 after purchasing an additional 296 shares in the last quarter. Carlton Hofferkamp & Jenks Wealth Management LLC grew its stake in Walt Disney by 0.9% in the second quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 19,732 shares of the entertainment giant’s stock worth $2,096,000 after purchasing an additional 175 shares in the last quarter. First Command Bank grew its stake in Walt Disney by 52.0% in the second quarter. First Command Bank now owns 11,217 shares of the entertainment giant’s stock worth $1,192,000 after purchasing an additional 3,838 shares in the last quarter. Capital Asset Advisory Services LLC bought a new position in Walt Disney in the second quarter worth approximately $849,000. Finally, Factory Mutual Insurance Co. grew its stake in Walt Disney by 6.8% in the second quarter. Factory Mutual Insurance Co. now owns 1,183,500 shares of the entertainment giant’s stock worth $125,748,000 after purchasing an additional 75,000 shares in the last quarter. 61.55% of the stock is currently owned by institutional investors.

Shares of Walt Disney Co (DIS) opened at $112.47 on Tuesday. Walt Disney Co has a twelve month low of $96.20 and a twelve month high of $116.10. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $169,524.02, a price-to-earnings ratio of 19.77, a PEG ratio of 2.01 and a beta of 1.38.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.05). Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The business had revenue of $12.78 billion for the quarter, compared to analysts’ expectations of $13.30 billion. During the same quarter in the prior year, the company posted $1.10 EPS. The business’s revenue for the quarter was down 2.8% on a year-over-year basis. sell-side analysts expect that Walt Disney Co will post 6.31 earnings per share for the current year.

The firm also recently disclosed a Semi-Annual dividend, which was paid on Thursday, January 11th. Stockholders of record on Monday, December 11th were issued a dividend of $0.84 per share. The ex-dividend date of this dividend was Friday, December 8th. Walt Disney’s dividend payout ratio is presently 29.53%.

Several analysts have issued reports on DIS shares. Wells Fargo & Co reaffirmed a “buy” rating and set a $116.00 target price on shares of Walt Disney in a research report on Wednesday, September 20th. Piper Jaffray Companies set a $130.00 target price on Walt Disney and gave the company a “buy” rating in a research report on Tuesday, October 31st. Vetr cut Walt Disney from a “strong-buy” rating to a “buy” rating and set a $110.51 target price on the stock. in a research report on Thursday, October 19th. Citigroup reaffirmed a “buy” rating and set a $119.00 target price on shares of Walt Disney in a research report on Wednesday, November 1st. Finally, Goldman Sachs Group increased their target price on Walt Disney from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, November 10th. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $116.07.

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

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