Baltimore Washington Financial Advisors Inc. boosted its position in Walt Disney Co (NYSE:DIS) by 3.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 86,985 shares of the entertainment giant’s stock after acquiring an additional 2,553 shares during the period. Walt Disney accounts for 1.9% of Baltimore Washington Financial Advisors Inc.’s investment portfolio, making the stock its 19th biggest position. Baltimore Washington Financial Advisors Inc.’s holdings in Walt Disney were worth $8,574,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in Walt Disney by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock valued at $10,497,824,000 after acquiring an additional 2,131,932 shares during the period. Northern Trust Corp raised its holdings in Walt Disney by 2.5% in the second quarter. Northern Trust Corp now owns 20,462,287 shares of the entertainment giant’s stock worth $2,174,118,000 after buying an additional 500,349 shares during the last quarter. Legal & General Group Plc raised its holdings in Walt Disney by 5.3% in the second quarter. Legal & General Group Plc now owns 7,885,053 shares of the entertainment giant’s stock worth $837,761,000 after buying an additional 394,012 shares during the last quarter. Parnassus Investments CA raised its holdings in Walt Disney by 0.4% in the first quarter. Parnassus Investments CA now owns 5,823,364 shares of the entertainment giant’s stock worth $638,073,000 after buying an additional 20,641 shares during the last quarter. Finally, Swiss National Bank raised its holdings in Walt Disney by 7.8% in the second quarter. Swiss National Bank now owns 5,777,328 shares of the entertainment giant’s stock worth $613,841,000 after buying an additional 420,200 shares during the last quarter. 61.39% of the stock is currently owned by institutional investors and hedge funds.
Shares of Walt Disney Co (NYSE DIS) opened at $111.81 on Wednesday. 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 $167,353.53, a P/E ratio of 19.48, a P/E/G ratio of 2.36 and a beta of 1.38. Walt Disney Co has a 12-month low of $96.20 and a 12-month high of $116.10.
The firm also recently announced a Semi-Annual dividend, which will be paid on Thursday, January 11th. Investors of record on Monday, December 11th will be given a dividend of $0.84 per share. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is 29.53%.
Several research analysts have issued reports on DIS shares. Guggenheim reaffirmed a “buy” rating and issued a $122.00 target price on shares of Walt Disney in a report on Tuesday, September 5th. Jefferies Group reaffirmed a “hold” rating and issued a $103.00 target price (down from $110.00) on shares of Walt Disney in a report on Friday, October 6th. Pivotal Research lifted their target price on shares of Walt Disney from $83.00 to $91.00 and gave the stock a “sell” rating in a report on Thursday, December 14th. BTIG Research reaffirmed a “sell” rating on shares of Walt Disney in a report on Monday, September 25th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Walt Disney in a report on Tuesday, September 12th. Four research analysts have rated the stock with a sell rating, fifteen have given a hold rating and seventeen have assigned a buy rating to the company’s stock. Walt Disney has an average rating of “Hold” and a consensus target price of $113.44.
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.
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