Cwm LLC boosted its position in Walt Disney Co (NYSE:DIS) by 983.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 73,016 shares of the entertainment giant’s stock after acquiring an additional 66,277 shares during the period. Cwm LLC’s holdings in Walt Disney were worth $8,539,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in DIS. Phocas Financial Corp. increased its position in shares of Walt Disney by 989,639.9% during the second quarter. Phocas Financial Corp. now owns 67,054,876 shares of the entertainment giant’s stock valued at $703,000 after buying an additional 67,048,101 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Walt Disney by 22.2% during the second quarter. Dimensional Fund Advisors LP now owns 6,228,738 shares of the entertainment giant’s stock valued at $652,841,000 after buying an additional 1,129,743 shares during the period. Ruffer LLP increased its position in shares of Walt Disney by 39.1% during the second quarter. Ruffer LLP now owns 3,977,520 shares of the entertainment giant’s stock valued at $417,261,000 after buying an additional 1,117,959 shares during the period. Cornerstone Wealth Management LLC increased its position in shares of Walt Disney by 10,630.8% during the second quarter. Cornerstone Wealth Management LLC now owns 1,022,536 shares of the entertainment giant’s stock valued at $9,705,000 after buying an additional 1,013,007 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of Walt Disney by 112.1% during the second quarter. Renaissance Technologies LLC now owns 1,665,507 shares of the entertainment giant’s stock valued at $174,562,000 after buying an additional 880,100 shares during the period. Institutional investors and hedge funds own 62.99% of the company’s stock.

In other news, Chairman Robert A. Iger sold 47,733 shares of the business’s stock in a transaction dated Friday, November 9th. The stock was sold at an average price of $120.00, for a total transaction of $5,727,960.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Brent Woodford sold 961 shares of the business’s stock in a transaction dated Monday, October 1st. The stock was sold at an average price of $117.06, for a total value of $112,494.66. Following the transaction, the executive vice president now directly owns 25,737 shares of the company’s stock, valued at approximately $3,012,773.22. The disclosure for this sale can be found here. Insiders have sold 77,886 shares of company stock valued at $9,284,819 in the last three months. 0.38% of the stock is owned by insiders.

Shares of NYSE DIS opened at $112.87 on Thursday. Walt Disney Co has a 12 month low of $97.68 and a 12 month high of $120.20. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 0.32. The stock has a market cap of $171.93 billion, a PE ratio of 15.94, a price-to-earnings-growth ratio of 1.73 and a beta of 1.17.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 8th. The entertainment giant reported $1.48 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.31 by $0.17. Walt Disney had a return on equity of 21.43% and a net margin of 21.20%. The company had revenue of $14.30 billion during the quarter, compared to analyst estimates of $13.76 billion. During the same quarter in the previous year, the firm earned $1.07 earnings per share. Walt Disney’s revenue was up 11.9% on a year-over-year basis. Sell-side analysts anticipate that Walt Disney Co will post 7.07 EPS for the current year.

The firm also recently disclosed a semiannual dividend, which will be paid on Thursday, January 10th. Stockholders of record on Monday, December 10th will be issued a dividend of $0.88 per share. This is a positive change from Walt Disney’s previous semiannual dividend of $0.84. The ex-dividend date is Friday, December 7th. This represents a dividend yield of 1.51%. Walt Disney’s payout ratio is presently 23.73%.

Several equities research analysts have recently weighed in on DIS shares. Morgan Stanley upped their price target on Walt Disney from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Monday, October 15th. Barclays upgraded Walt Disney from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $104.00 to $130.00 in a research report on Friday, October 19th. Loop Capital upped their price target on Walt Disney to $130.00 and gave the company a “buy” rating in a research report on Friday, November 9th. Zacks Investment Research upgraded Walt Disney from a “sell” rating to a “hold” rating in a research report on Monday, September 10th. Finally, Pivotal Research reiterated a “sell” rating and set a $95.00 price target on shares of Walt Disney in a research report on Sunday, September 23rd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $122.39.

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Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.

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

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