QCI Asset Management Inc. NY raised its position in Walt Disney Co (NYSE:DIS) by 1.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 148,715 shares of the entertainment giant’s stock after purchasing an additional 1,654 shares during the period. Walt Disney makes up about 1.6% of QCI Asset Management Inc. NY’s investment portfolio, making the stock its 27th biggest holding. QCI Asset Management Inc. NY’s holdings in Walt Disney were worth $14,659,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of DIS. CIBC Asset Management Inc increased its position in shares of Walt Disney by 3.1% during the third quarter. CIBC Asset Management Inc now owns 142,619 shares of the entertainment giant’s stock worth $14,058,000 after acquiring an additional 4,342 shares in the last quarter. Papp L Roy & Associates increased its position in shares of Walt Disney by 1.2% during the third quarter. Papp L Roy & Associates now owns 94,880 shares of the entertainment giant’s stock worth $9,352,000 after acquiring an additional 1,103 shares in the last quarter. Retirement Systems of Alabama increased its position in shares of Walt Disney by 4.8% during the third quarter. Retirement Systems of Alabama now owns 951,526 shares of the entertainment giant’s stock worth $93,792,000 after acquiring an additional 43,484 shares in the last quarter. Cobblestone Capital Advisors LLC NY increased its position in shares of Walt Disney by 4.0% during the third quarter. Cobblestone Capital Advisors LLC NY now owns 76,401 shares of the entertainment giant’s stock worth $7,531,000 after acquiring an additional 2,929 shares in the last quarter. Finally, Strategic Financial Services Inc boosted its holdings in Walt Disney by 3.0% during the third quarter. Strategic Financial Services Inc now owns 39,997 shares of the entertainment giant’s stock worth $3,943,000 after purchasing an additional 1,164 shares during the last quarter. 61.55% of the stock is owned by hedge funds and other institutional investors.
Shares of Walt Disney Co (NYSE DIS) opened at $110.42 on Friday. The company has a market cap of $166,770.00, a price-to-earnings ratio of 19.44, a price-to-earnings-growth ratio of 1.97 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74. Walt Disney Co has a 12 month low of $96.20 and a 12 month high of $116.10.
Walt Disney (NYSE:DIS) last announced 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 during the quarter, compared to analyst estimates of $13.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The business’s revenue was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.10 EPS. equities research analysts expect that Walt Disney Co will post 6.4 EPS for the current year.
The business also recently announced a Semi-Annual dividend, which was paid on Thursday, January 11th. Stockholders of record on Monday, December 11th were paid a dividend of $0.84 per share. The ex-dividend date was Friday, December 8th. Walt Disney’s dividend payout ratio is presently 29.58%.
DIS has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Walt Disney from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Edward Jones cut shares of Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, December 15th. Wells Fargo & Co restated a “buy” rating and set a $135.00 target price on shares of Walt Disney in a report on Friday, December 15th. Vetr upgraded shares of Walt Disney from a “buy” rating to a “strong-buy” rating and set a $110.51 target price for the company in a report on Wednesday, October 11th. Finally, Barclays reduced their target price on shares of Walt Disney from $98.00 to $94.00 and set an “equal weight” rating for the company in a report on Friday, October 13th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. Walt Disney currently has an average rating of “Hold” and an average target price of $116.15.
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Walt Disney Company 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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