Clinton Group Inc. cut its position in Walt Disney Co (NYSE:DIS) by 80.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,136 shares of the entertainment giant’s stock after selling 20,855 shares during the period. Clinton Group Inc.’s holdings in Walt Disney were worth $546,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Tortoise Investment Management LLC raised its holdings in Walt Disney by 0.6% in the second quarter. Tortoise Investment Management LLC now owns 2,269 shares of the entertainment giant’s stock worth $241,000 after purchasing an additional 14 shares during the period. Burt Wealth Advisors raised its holdings in Walt Disney by 0.5% in the second quarter. Burt Wealth Advisors now owns 3,182 shares of the entertainment giant’s stock worth $338,000 after purchasing an additional 15 shares during the period. Sonata Capital Group Inc. raised its holdings in shares of Walt Disney by 0.7% during the second quarter. Sonata Capital Group Inc. now owns 2,732 shares of the entertainment giant’s stock worth $290,000 after acquiring an additional 20 shares during the period. Leisure Capital Management raised its holdings in shares of Walt Disney by 0.5% during the second quarter. Leisure Capital Management now owns 4,449 shares of the entertainment giant’s stock worth $473,000 after acquiring an additional 20 shares during the period. Finally, First Capital Advisors Group LLC. raised its holdings in shares of Walt Disney by 0.4% during the second quarter. First Capital Advisors Group LLC. now owns 6,515 shares of the entertainment giant’s stock worth $692,000 after acquiring an additional 24 shares during the period. Institutional investors own 61.51% of the company’s stock.

A number of brokerages recently commented on DIS. FBR & Co restated a “hold” rating and set a $97.00 price objective on shares of Walt Disney in a report on Friday, September 8th. B. Riley restated a “neutral” rating on shares of Walt Disney in a report on Wednesday, November 1st. Jefferies Group restated a “hold” rating and set a $103.77 price objective (up from $102.68) on shares of Walt Disney in a report on Friday, November 10th. Loop Capital restated a “hold” rating and set a $107.00 price objective (down from $108.00) on shares of Walt Disney in a report on Wednesday, August 16th. Finally, Guggenheim restated a “buy” rating and set a $122.00 price objective on shares of Walt Disney in a report on Tuesday, September 5th. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $112.34.

Walt Disney Co (DIS) opened at $106.08 on Monday. The firm has a market cap of $157,403.20, a price-to-earnings ratio of 18.28, a P/E/G ratio of 2.22 and a beta of 1.38. Walt Disney Co has a 12-month low of $96.20 and a 12-month high of $116.10. 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 (NYSE:DIS) last released its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). The business 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%. The firm’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same period last year, the business posted $1.10 EPS. equities analysts forecast that Walt Disney Co will post 6.24 EPS for the current year.

The company also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, January 11th. Stockholders of record on Monday, December 11th will be given a $0.84 dividend. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is presently 27.42%.

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About Walt Disney

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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