Cetera Investment Advisers Increases Position in Walt Disney Co (DIS)
Cetera Investment Advisers boosted its stake in Walt Disney Co (NYSE:DIS) by 10.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 23,354 shares of the entertainment giant’s stock after buying an additional 2,296 shares during the period. Cetera Investment Advisers’ holdings in Walt Disney were worth $2,485,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Vantage Financial Partners Ltd. Inc. acquired a new position in shares of Walt Disney during the 2nd quarter worth approximately $925,000. Lee Financial Co grew its position in shares of Walt Disney by 7.6% during the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after purchasing an additional 74 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. acquired a new position in shares of Walt Disney during the 1st quarter worth approximately $144,000. Krilogy Financial LLC grew its position in shares of Walt Disney by 13.2% during the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock worth $151,000 after purchasing an additional 166 shares in the last quarter. Finally, BDO Wealth Advisors LLC acquired a new position in shares of Walt Disney during the 2nd quarter worth approximately $153,000. Institutional investors and hedge funds own 61.51% of the company’s stock.
A number of brokerages have issued reports on DIS. B. Riley restated a “neutral” rating on shares of Walt Disney in a research report on Wednesday, November 1st. Rosenblatt Securities restated a “hold” rating and set a $115.00 target price on shares of Walt Disney in a research report on Monday, December 4th. Loop Capital restated a “hold” rating and set a $107.00 target price (down previously from $108.00) on shares of Walt Disney in a research report on Wednesday, August 16th. Citigroup restated a “neutral” rating on shares of Walt Disney in a research report on Thursday, September 28th. Finally, Jefferies Group restated a “hold” rating and set a $103.00 target price (down previously from $110.00) on shares of Walt Disney in a research report on Friday, October 6th. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seventeen have given a buy rating to the company’s stock. Walt Disney presently has a consensus rating of “Hold” and a consensus target price of $112.44.
Walt Disney Co (NYSE DIS) opened at $107.61 on Thursday. The company has a market cap of $162,109.33, a P/E ratio of 18.83, a P/E/G ratio of 2.29 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74. Walt Disney Co has a 52 week low of $96.20 and a 52 week high of $116.10.
Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). The company had revenue of $12.78 billion during the quarter, compared to the consensus estimate of $13.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. Walt Disney’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.10 EPS. equities analysts expect that Walt Disney Co will post 6.23 earnings per share for the current year.
The business also recently disclosed 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 payout ratio is 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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