Hall Capital Management Co. Inc. lowered its stake in shares of Walt Disney Co (NYSE:DIS) by 8.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,575 shares of the entertainment giant’s stock after selling 1,618 shares during the quarter. Walt Disney makes up about 1.6% of Hall Capital Management Co. Inc.’s investment portfolio, making the stock its 24th largest holding. Hall Capital Management Co. Inc.’s holdings in Walt Disney were worth $1,732,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Vantage Financial Partners Ltd. Inc. acquired a new position in shares of Walt Disney during the second quarter valued at $925,000. Lee Financial Co boosted its holdings in shares of Walt Disney by 7.6% during the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after acquiring an additional 74 shares during the period. Sumitomo Mitsui Financial Group Inc. acquired a new position in shares of Walt Disney during the first quarter valued at $144,000. Krilogy Financial LLC boosted its holdings in shares of Walt Disney by 13.2% during the second quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after acquiring an additional 166 shares during the period. Finally, BDO Wealth Advisors LLC acquired a new position in shares of Walt Disney during the second quarter valued at $153,000. 61.52% of the stock is owned by hedge funds and other institutional investors.
Shares of Walt Disney Co (NYSE:DIS) traded up $1.48 during midday trading on Friday, hitting $112.47. The company had a trading volume of 5,881,100 shares, compared to its average volume of 9,620,000. The company has a market cap of $169,860.00, a PE ratio of 19.80, a price-to-earnings-growth ratio of 1.98 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. 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 (NYSE:DIS) last posted its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The company had revenue of $12.78 billion during the quarter, compared to analyst estimates of $13.30 billion. During the same quarter last year, the firm posted $1.10 earnings per share. The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. analysts predict that Walt Disney Co will post 6.31 EPS for the current fiscal year.
The business also recently announced a Semi-Annual dividend, which was paid on Thursday, January 11th. Investors of record on Monday, December 11th were issued a $0.84 dividend. The ex-dividend date of this dividend was Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is currently 29.58%.
DIS has been the topic of a number of recent analyst reports. Goldman Sachs Group lifted their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, November 10th. Macquarie upgraded shares of Walt Disney from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $112.00 to $125.00 in a research note on Tuesday, January 2nd. Loop Capital restated a “buy” rating and set a $106.00 price objective on shares of Walt Disney in a research note on Monday, December 11th. Zacks Investment Research upgraded shares of Walt Disney from a “sell” rating to a “hold” rating in a research note on Friday, November 3rd. Finally, Pivotal Research boosted their price target on shares of Walt Disney from $83.00 to $91.00 and gave the stock a “sell” rating in a research report on Thursday, December 14th. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Walt Disney presently has a consensus rating of “Hold” and a consensus target price of $116.07.
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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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