Fjarde AP Fonden Fourth Swedish National Pension Fund Raises Stake in Walt Disney Co (DIS)

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in shares of Walt Disney Co (NYSE:DIS) by 0.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 375,940 shares of the entertainment giant’s stock after purchasing an additional 947 shares during the quarter. Walt Disney comprises about 0.7% of Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings, making the stock its 28th biggest holding. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Walt Disney were worth $37,056,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of DIS. Mengis Capital Management Inc. increased its stake in shares of Walt Disney by 2.6% during the third quarter. Mengis Capital Management Inc. now owns 24,106 shares of the entertainment giant’s stock worth $2,376,000 after buying an additional 600 shares during the period. Comerica Bank increased its stake in shares of Walt Disney by 0.3% during the third quarter. Comerica Bank now owns 547,781 shares of the entertainment giant’s stock worth $53,705,000 after buying an additional 1,510 shares during the period. Sigma Planning Corp increased its stake in shares of Walt Disney by 2.7% during the third quarter. Sigma Planning Corp now owns 36,951 shares of the entertainment giant’s stock worth $3,642,000 after buying an additional 983 shares during the period. Bristol Gate Capital Partners Inc. increased its stake in shares of Walt Disney by 14.4% during the third quarter. Bristol Gate Capital Partners Inc. now owns 318,273 shares of the entertainment giant’s stock worth $31,372,000 after buying an additional 40,156 shares during the period. Finally, Massey Quick Simon & CO. LLC increased its stake in shares of Walt Disney by 78.2% during the third quarter. Massey Quick Simon & CO. LLC now owns 2,607 shares of the entertainment giant’s stock worth $257,000 after buying an additional 1,144 shares during the period. 61.63% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Co (NYSE DIS) opened at $110.59 on Monday. 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 stock has a market cap of $166,599.95, a P/E ratio of 19.44, a PEG ratio of 1.94 and a beta of 1.38. Walt Disney Co has a 1 year low of $96.20 and a 1 year high of $116.10.

Walt Disney (NYSE:DIS) last announced its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). The business had revenue of $12.78 billion for the quarter, compared to analysts’ expectations of $13.30 billion. Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The business’s revenue was down 2.8% on a year-over-year basis. During the same quarter last year, the business posted $1.10 earnings per share. research analysts predict that Walt Disney Co will post 6.42 EPS for the current year.

The firm also recently announced 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 presently 29.53%.

A number of analysts recently weighed in on DIS shares. Zacks Investment Research upgraded shares of Walt Disney from a “sell” rating to a “hold” rating in a research note on Friday, November 3rd. Edward Jones lowered shares of Walt Disney from a “buy” rating to a “hold” rating in a research note on Friday, December 15th. Wells Fargo & Co reiterated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research note on Friday, December 15th. Vetr upgraded shares of Walt Disney from a “buy” rating to a “strong-buy” rating and set a $110.51 price target on the stock in a research note on Wednesday, October 11th. Finally, Barclays dropped their price target on shares of Walt Disney from $98.00 to $94.00 and set an “equal weight” rating on the stock in a research note on Friday, October 13th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Walt Disney has a consensus rating of “Hold” and a consensus 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.

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

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