Shilanski & Associates Inc. Buys Shares of 18,873 The Walt Disney Company $DIS

Shilanski & Associates Inc. purchased a new stake in The Walt Disney Company (NYSE:DISFree Report) during the third quarter, according to its most recent filing with the SEC. The firm purchased 18,873 shares of the entertainment giant’s stock, valued at approximately $2,161,000.

A number of other hedge funds have also recently made changes to their positions in DIS. Copeland Capital Management LLC purchased a new stake in shares of Walt Disney during the third quarter valued at about $25,000. DiNuzzo Private Wealth Inc. grew its position in shares of Walt Disney by 82.5% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after buying an additional 94 shares during the last quarter. Harbor Asset Planning Inc. bought a new position in shares of Walt Disney during the 2nd quarter worth approximately $37,000. Total Investment Management Inc. purchased a new stake in Walt Disney during the second quarter valued at approximately $37,000. Finally, Navigoe LLC lifted its position in Walt Disney by 89.2% during the third quarter. Navigoe LLC now owns 403 shares of the entertainment giant’s stock valued at $46,000 after acquiring an additional 190 shares during the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney News Summary

Here are the key news stories impacting Walt Disney this week:

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on DIS. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Walt Disney in a research report on Wednesday, November 12th. Raymond James Financial reaffirmed a “market perform” rating on shares of Walt Disney in a research report on Friday, November 14th. Wells Fargo & Company decreased their price target on Walt Disney from $159.00 to $152.00 and set an “overweight” rating for the company in a research note on Friday, November 14th. Arete Research upgraded Walt Disney to a “strong sell” rating in a research note on Tuesday, October 28th. Finally, Cowen restated a “hold” rating on shares of Walt Disney in a report on Friday, November 14th. Nineteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $134.41.

Read Our Latest Analysis on Walt Disney

Walt Disney Stock Up 0.6%

Walt Disney stock opened at $114.82 on Wednesday. The business’s 50-day simple moving average is $109.55 and its two-hundred day simple moving average is $114.42. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.65 and a current ratio of 0.71. The company has a market cap of $204.99 billion, a PE ratio of 16.74, a PEG ratio of 1.58 and a beta of 1.49. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69.

Walt Disney (NYSE:DISGet Free Report) last released its earnings results on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.08. Walt Disney had a return on equity of 9.37% and a net margin of 13.14%.The firm had revenue of $22.46 billion during the quarter, compared to the consensus estimate of $22.78 billion. During the same quarter in the previous year, the company posted $1.14 earnings per share. The company’s revenue was down .5% compared to the same quarter last year. 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 disclosed a dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be paid a $0.75 dividend. The ex-dividend date is Tuesday, June 30th. This represents a dividend yield of 139.0%. Walt Disney’s dividend payout ratio is presently 21.87%.

Walt Disney Company Profile

(Free Report)

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.

Further Reading

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

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