Barr E S & Co. Has $3,722,000 Stake in Walt Disney Co (DIS)
Barr E S & Co. maintained its stake in shares of Walt Disney Co (NYSE:DIS) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,033 shares of the entertainment giant’s stock at the close of the 2nd quarter. Barr E S & Co.’s holdings in Walt Disney were worth $3,722,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of 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 purchasing an additional 2,131,932 shares during the last quarter. State Street Corp grew its position in Walt Disney by 0.7% during the 1st quarter. State Street Corp now owns 67,739,871 shares of the entertainment giant’s stock worth $7,681,023,000 after acquiring an additional 456,053 shares during the last quarter. Northern Trust Corp grew its position in Walt Disney by 2.5% during the 2nd quarter. Northern Trust Corp now owns 20,462,287 shares of the entertainment giant’s stock worth $2,174,118,000 after acquiring an additional 500,349 shares during the last quarter. Legal & General Group Plc grew its position in Walt Disney by 5.3% during the 2nd quarter. Legal & General Group Plc now owns 7,885,053 shares of the entertainment giant’s stock worth $837,761,000 after acquiring an additional 394,012 shares during the last quarter. Finally, Clearbridge Investments LLC grew its position in Walt Disney by 2.0% during the 1st quarter. Clearbridge Investments LLC now owns 7,623,125 shares of the entertainment giant’s stock worth $864,386,000 after acquiring an additional 150,316 shares during the last quarter. Hedge funds and other institutional investors own 61.51% of the company’s stock.
Several equities research analysts have weighed in on the company. Piper Jaffray Companies set a $130.00 price objective on Walt Disney and gave the stock a “buy” rating in a report on Tuesday, October 31st. J P Morgan Chase & Co set a $125.00 target price on Walt Disney and gave the company a “buy” rating in a research note on Friday, November 10th. Vetr cut Walt Disney from a “buy” rating to a “hold” rating and set a $106.77 target price for the company. in a research note on Monday, November 13th. Rosenblatt Securities restated a “hold” rating and issued a $115.00 target price on shares of Walt Disney in a research note on Monday, December 4th. Finally, Citigroup restated a “neutral” rating on shares of Walt Disney in a research note on Thursday, September 28th. Three analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and sixteen have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $112.34.
Shares of Walt Disney Co (NYSE DIS) opened at $104.23 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81. Walt Disney Co has a 52 week low of $96.20 and a 52 week high of $116.10. The firm has a market capitalization of $158,975.44, a P/E ratio of 18.47, a price-to-earnings-growth ratio of 2.24 and a beta of 1.38.
Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The company had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. During the same period in the previous year, the firm earned $1.10 earnings per share. The company’s revenue was down 2.8% compared to the same quarter last year. equities analysts predict that Walt Disney Co will post 6.24 EPS for the current fiscal year.
The business also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, January 11th. Shareholders of record on Monday, December 11th will be paid a dividend of $0.84 per share. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s payout ratio is currently 27.42%.
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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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