Fisher Asset Management LLC Boosts Position in Walt Disney Co (DIS)

Fisher Asset Management LLC boosted its stake in Walt Disney Co (NYSE:DIS) by 1.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,466,678 shares of the entertainment giant’s stock after acquiring an additional 54,436 shares during the quarter. Fisher Asset Management LLC owned 0.29% of Walt Disney worth $440,281,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Founders Capital Management lifted its position in Walt Disney by 22.6% during the 3rd quarter. Founders Capital Management now owns 24,857 shares of the entertainment giant’s stock worth $2,450,000 after buying an additional 4,586 shares in the last quarter. Inverness Counsel LLC NY lifted its position in Walt Disney by 5.5% during the 3rd quarter. Inverness Counsel LLC NY now owns 284,359 shares of the entertainment giant’s stock worth $28,029,000 after buying an additional 14,763 shares in the last quarter. Narwhal Capital Management lifted its position in Walt Disney by 3.3% during the 3rd quarter. Narwhal Capital Management now owns 41,220 shares of the entertainment giant’s stock worth $4,063,000 after buying an additional 1,325 shares in the last quarter. Sumitomo Life Insurance Co. lifted its position in Walt Disney by 31.3% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 58,665 shares of the entertainment giant’s stock worth $5,783,000 after buying an additional 14,000 shares in the last quarter. Finally, Wendell David Associates Inc. lifted its position in Walt Disney by 6.1% during the 3rd quarter. Wendell David Associates Inc. now owns 56,315 shares of the entertainment giant’s stock worth $5,551,000 after buying an additional 3,253 shares in the last quarter. 61.39% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have commented on DIS. B. Riley reissued a “neutral” rating on shares of Walt Disney in a research report on Wednesday, November 1st. Sanford C. Bernstein set a $100.00 target price on shares of Walt Disney and gave the company a “hold” rating in a report on Wednesday. Rosenblatt Securities reaffirmed a “hold” rating and issued a $110.00 target price on shares of Walt Disney in a report on Thursday, September 28th. Citigroup reaffirmed a “neutral” rating on shares of Walt Disney in a report on Thursday, September 28th. Finally, Piper Jaffray Companies set a $125.00 target price on shares of Walt Disney and gave the company a “buy” rating in a report on Friday, December 15th. 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. The company has a consensus rating of “Hold” and a consensus target price of $113.20.

Walt Disney Co (NYSE DIS) opened at $109.69 on Thursday. Walt Disney Co has a 52 week low of $96.20 and a 52 week high of $116.10. The company has a market cap of $168,529.20, a PE ratio of 19.62, a P/E/G ratio of 2.38 and a beta of 1.38. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. 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 company posted $1.10 EPS. The firm’s quarterly revenue was down 2.8% on a year-over-year basis. equities analysts forecast that Walt Disney Co will post 6.23 earnings per share for the current year.

The business also recently declared a Semi-Annual dividend, which will be paid on Thursday, January 11th. Investors of record on Monday, December 11th will be paid a $0.84 dividend. The ex-dividend date is Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is currently 29.53%.

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

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