Mutual of Omaha Bank Wealth Management decreased its position in Walt Disney Co (NYSE:DIS) by 24.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,907 shares of the entertainment giant’s stock after selling 1,295 shares during the quarter. Mutual of Omaha Bank Wealth Management’s holdings in Walt Disney were worth $385,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of DIS. Janus Henderson Group PLC boosted its holdings in Walt Disney by 929.6% in the second quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock worth $574,907,000 after purchasing an additional 4,885,398 shares during the period. AJO LP boosted its holdings in Walt Disney by 12,331.6% in the second quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock worth $350,661,000 after purchasing an additional 3,273,787 shares during the period. Vanguard Group Inc. lifted its stake in Walt Disney by 2.2% in the second quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock valued at $10,497,824,000 after buying an additional 2,131,932 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Walt Disney by 247.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock valued at $280,999,000 after buying an additional 1,884,600 shares during the last quarter. Finally, Nordea Investment Management AB lifted its stake in Walt Disney by 48.7% in the second quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock valued at $564,561,000 after buying an additional 1,740,128 shares during the last quarter. 61.52% of the stock is owned by institutional investors.
A number of equities research analysts have issued reports on DIS shares. Wells Fargo & Co reiterated a “buy” rating and issued a $116.00 target price on shares of Walt Disney in a research note on Wednesday, September 20th. BTIG Research restated a “sell” rating on shares of Walt Disney in a research note on Monday, September 25th. Citigroup restated a “neutral” rating on shares of Walt Disney in a research note on Thursday, September 28th. Rosenblatt Securities reaffirmed a “hold” rating and set a $110.00 target price on shares of Walt Disney in a report on Thursday, September 28th. Finally, Zacks Investment Research lowered Walt Disney from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $116.07.
Walt Disney Co (DIS) opened at $112.47 on Friday. The company has a market capitalization of $169,860.00, a P/E ratio of 19.80, a PEG ratio of 1.98 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 data 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). Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The firm had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. During the same quarter in the prior year, the firm posted $1.10 earnings per share. The business’s revenue for the quarter was down 2.8% on a year-over-year basis. equities research analysts anticipate that Walt Disney Co will post 6.31 EPS for the current year.
The business also recently declared a Semi-Annual dividend, which was paid on Thursday, January 11th. Shareholders of record on Monday, December 11th were given a $0.84 dividend. The ex-dividend date was Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is 29.58%.
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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