Pax World Management LLC grew its position in shares of Walt Disney Co (NYSE:DIS) by 0.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 202,432 shares of the entertainment giant’s stock after buying an additional 1,400 shares during the quarter. Pax World Management LLC’s holdings in Walt Disney were worth $19,953,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently bought and sold shares of DIS. Janus Henderson Group PLC lifted its position in shares of Walt Disney by 929.6% during the 2nd quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock worth $574,907,000 after buying an additional 4,885,398 shares in the last quarter. AJO LP lifted its position in shares of Walt Disney by 12,331.6% during the 2nd quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock worth $350,661,000 after buying an additional 3,273,787 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Walt Disney by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock worth $10,497,824,000 after buying an additional 2,131,932 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Walt Disney by 247.9% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock worth $280,999,000 after buying an additional 1,884,600 shares in the last quarter. Finally, Nordea Investment Management AB raised its holdings in shares of Walt Disney by 48.7% in the 2nd quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock worth $564,561,000 after purchasing an additional 1,740,128 shares during the period. 61.55% of the stock is currently owned by hedge funds and other institutional investors.
DIS has been the topic of a number of research reports. Wells Fargo & Co reaffirmed a “buy” rating and issued a $116.00 price target on shares of Walt Disney in a report on Wednesday, September 20th. Piper Jaffray Companies set a $130.00 price target on shares of Walt Disney and gave the stock a “buy” rating in a report on Tuesday, October 31st. Vetr cut shares of Walt Disney from a “strong-buy” rating to a “buy” rating and set a $110.51 price target on the stock. in a report on Thursday, October 19th. Citigroup reaffirmed a “buy” rating and issued a $119.00 price target on shares of Walt Disney in a report on Wednesday, November 1st. Finally, Goldman Sachs Group lifted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, November 10th. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $116.07.
Walt Disney Co (NYSE:DIS) opened at $112.47 on Tuesday. The company has a market cap of $169,860.00, a price-to-earnings ratio of 19.80, a PEG ratio of 2.01 and a beta of 1.38. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. Walt Disney Co has a 1 year low of $96.20 and a 1 year high of $116.10.
Walt Disney (NYSE:DIS) last released its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). The firm had revenue of $12.78 billion for the quarter, compared to analysts’ expectations of $13.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The firm’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.10 earnings per share. sell-side analysts anticipate that Walt Disney Co will post 6.31 earnings per share for the current fiscal year.
The company also recently declared a Semi-Annual dividend, which was paid on Thursday, January 11th. Stockholders of record on Monday, December 11th were given a dividend of $0.84 per share. The ex-dividend date of this dividend was Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is currently 29.58%.
About Walt Disney
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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