Walt Disney Co (DIS) Shares Sold by Earnest Partners LLC

Earnest Partners LLC lessened its position in Walt Disney Co (NYSE:DIS) by 5.8% during the third quarter, Holdings Channel reports. The fund owned 211,111 shares of the entertainment giant’s stock after selling 12,999 shares during the period. Earnest Partners LLC’s holdings in Walt Disney were worth $20,809,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DIS. Legacy Advisors LLC purchased a new stake in Walt Disney during the third quarter valued at about $137,000. Malaga Cove Capital LLC purchased a new stake in Walt Disney during the third quarter valued at about $140,000. Krilogy Financial LLC boosted its position in Walt Disney by 13.2% during the second quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after buying an additional 166 shares during the period. IHT Wealth Management LLC boosted its position in Walt Disney by 34.3% during the second quarter. IHT Wealth Management LLC now owns 15,377 shares of the entertainment giant’s stock valued at $152,000 after buying an additional 3,923 shares during the period. Finally, BDO Wealth Advisors LLC purchased a new stake in Walt Disney during the second quarter valued at about $153,000. 61.12% of the stock is currently owned by institutional investors and hedge funds.

Shares of Walt Disney Co (DIS) opened at $104.12 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 0.87 and a debt-to-equity ratio of 0.43. Walt Disney Co has a 1-year low of $96.20 and a 1-year high of $116.10. The company has a market cap of $155,465.06, a PE ratio of 17.12, a price-to-earnings-growth ratio of 1.80 and a beta of 1.30.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.89 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.61 by $0.28. Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. The business had revenue of $15.35 billion during the quarter, compared to analyst estimates of $15.47 billion. During the same period last year, the business posted $1.55 earnings per share. Walt Disney’s quarterly revenue was up 3.8% compared to the same quarter last year. equities analysts anticipate that Walt Disney Co will post 6.8 EPS for the current fiscal year.

Several analysts have issued reports on DIS shares. Vetr lowered shares of Walt Disney from a “strong-buy” rating to a “buy” rating and set a $110.51 price target for the company. in a research report on Thursday, October 19th. Morgan Stanley cut their price target on shares of Walt Disney from $130.00 to $120.00 and set an “overweight” rating for the company in a research report on Tuesday, October 31st. Piper Jaffray Companies set a $130.00 price target on shares of Walt Disney and gave the company a “buy” rating in a research report on Tuesday, October 31st. Citigroup restated a “buy” rating and set a $119.00 price target on shares of Walt Disney in a research report on Wednesday, November 1st. Finally, Zacks Investment Research upgraded shares of Walt Disney from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Three analysts have rated the stock with a sell rating, eleven have given a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $118.61.

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

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