BT Investment Management Ltd Invests $3.51 Million in Walt Disney Co (DIS) Stock
BT Investment Management Ltd acquired a new position in Walt Disney Co (NYSE:DIS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 33,058 shares of the entertainment giant’s stock, valued at approximately $3,512,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in DIS. AJO LP boosted its holdings in Walt Disney by 12,331.6% in the 2nd quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock worth $350,661,000 after buying an additional 3,273,787 shares during the period. Harbour Capital Advisors LLC boosted its holdings in Walt Disney by 10,076.9% in the 2nd quarter. Harbour Capital Advisors LLC now owns 1,387,625 shares of the entertainment giant’s stock worth $13,060,000 after buying an additional 1,373,990 shares during the period. LSV Asset Management boosted its holdings in Walt Disney by 3,235.2% in the 2nd quarter. LSV Asset Management now owns 730,400 shares of the entertainment giant’s stock worth $77,604,000 after buying an additional 708,500 shares during the period. AQR Capital Management LLC boosted its holdings in Walt Disney by 111.0% in the 1st quarter. AQR Capital Management LLC now owns 1,190,645 shares of the entertainment giant’s stock worth $135,008,000 after buying an additional 626,245 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in Walt Disney by 27.2% in the 2nd quarter. Principal Financial Group Inc. now owns 2,723,151 shares of the entertainment giant’s stock worth $289,335,000 after buying an additional 582,853 shares during the period. 61.51% of the stock is owned by institutional investors.
Shares of Walt Disney Co (NYSE DIS) opened at $105.26 on Friday. Walt Disney Co has a fifty-two week low of $96.20 and a fifty-two week high of $116.10. 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 $159,277.48, a price-to-earnings ratio of 18.50, a PEG ratio of 2.24 and a beta of 1.38.
Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 prior year, the firm posted $1.10 earnings per share. The business’s revenue was down 2.8% on a year-over-year basis. research analysts predict that Walt Disney Co will post 6.24 earnings per share for the current fiscal year.
The business also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, January 11th. Stockholders of record on Monday, December 11th will be issued a dividend of $0.84 per share. The ex-dividend date is Friday, December 8th. Walt Disney’s dividend payout ratio is currently 27.42%.
Several research analysts have commented on DIS shares. Bank of America reissued a “buy” rating and issued a $120.00 price target (down from $125.00) on shares of Walt Disney in a report on Friday, September 8th. FBR & Co reissued a “hold” rating and issued a $97.00 price target on shares of Walt Disney in a report on Friday, September 8th. Goldman Sachs Group raised their price target on shares of Walt Disney from $115.00 to $120.00 and gave the company a “buy” rating in a report on Friday, November 10th. Guggenheim reissued a “buy” rating and issued a $122.00 price target on shares of Walt Disney in a report on Tuesday, September 5th. Finally, UBS reissued a “buy” rating and issued a $126.00 price target on shares of Walt Disney in a report on Tuesday, September 5th. Three analysts have rated the stock with a sell rating, sixteen have issued a hold rating and sixteen have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $112.34.
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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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