Peoples Bank KS Reduces Holdings in The Walt Disney Company $DIS

Peoples Bank KS trimmed its stake in shares of The Walt Disney Company (NYSE:DIS) by 57.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,437 shares of the entertainment giant’s stock after selling 4,665 shares during the quarter. Peoples Bank KS’s holdings in Walt Disney were worth $394,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. boosted its holdings in shares of Walt Disney by 82.5% during the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after purchasing an additional 94 shares during the period. Harbor Asset Planning Inc. bought a new stake in Walt Disney in the second quarter valued at $37,000. Total Investment Management Inc. purchased a new position in Walt Disney during the 2nd quarter valued at $37,000. Howard Hughes Medical Institute bought a new position in Walt Disney in the 2nd quarter worth $48,000. Finally, RMG Wealth Management LLC purchased a new position in shares of Walt Disney during the second quarter valued at about $49,000. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Price Performance

Shares of DIS opened at $110.56 on Thursday. The firm has a fifty day simple moving average of $109.15 and a two-hundred day simple moving average of $114.58. The firm has a market cap of $197.39 billion, a PE ratio of 16.12, a P/E/G ratio of 1.54 and a beta of 1.49. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.31. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, topping the consensus estimate of $1.03 by $0.08. Walt Disney had a return on equity of 9.37% and a net margin of 13.14%.The company had revenue of $22.46 billion during the quarter, compared to analyst estimates of $22.78 billion. During the same quarter in the previous year, the company posted $1.14 earnings per share. Walt Disney’s revenue was down .5% compared to the same quarter last year. On average, equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Announces Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a dividend yield of 139.0%. Walt Disney’s dividend payout ratio is presently 21.87%.

Wall Street Analyst Weigh In

DIS has been the subject of several research reports. Raymond James Financial reissued a “market perform” rating on shares of Walt Disney in a research report on Friday, November 14th. UBS Group restated a “buy” rating and issued a $138.00 price objective on shares of Walt Disney in a report on Friday, November 14th. Guggenheim reissued a “buy” rating and issued a $140.00 target price on shares of Walt Disney in a research note on Friday, November 14th. Weiss Ratings upgraded shares of Walt Disney from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Finally, Evercore ISI lifted their target price on shares of Walt Disney from $140.00 to $142.00 and gave the stock an “outperform” rating in a report on Friday, November 14th. Nineteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $134.41.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.