Czech National Bank Acquires 17,241 Shares of The Walt Disney Company $DIS

Czech National Bank lifted its holdings in The Walt Disney Company (NYSE:DIS) by 3.9% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 456,638 shares of the entertainment giant’s stock after acquiring an additional 17,241 shares during the quarter. Czech National Bank’s holdings in Walt Disney were worth $52,285,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in DIS. Brighton Jones LLC lifted its stake in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after acquiring an additional 1,904 shares during the last quarter. Aptus Capital Advisors LLC increased its stake in Walt Disney by 14.4% in the 1st quarter. Aptus Capital Advisors LLC now owns 55,354 shares of the entertainment giant’s stock worth $5,463,000 after purchasing an additional 6,969 shares during the period. JT Stratford LLC bought a new stake in Walt Disney in the first quarter valued at approximately $344,000. Humankind Investments LLC boosted its stake in shares of Walt Disney by 5.5% during the first quarter. Humankind Investments LLC now owns 2,878 shares of the entertainment giant’s stock valued at $284,000 after purchasing an additional 151 shares during the period. Finally, Tradition Wealth Management LLC purchased a new stake in shares of Walt Disney during the first quarter valued at approximately $251,000. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Wall Street Zen lowered shares of Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Arete Research raised shares of Walt Disney to a “strong sell” rating in a research note on Tuesday, October 28th. UBS Group reiterated a “buy” rating and set a $138.00 target price on shares of Walt Disney in a report on Friday, November 14th. Jefferies Financial Group reduced their price target on Walt Disney from $144.00 to $136.00 and set a “buy” rating on the stock in a report on Friday, November 14th. Finally, Guggenheim reiterated a “buy” rating and issued a $140.00 price objective on shares of Walt Disney in a report on Friday, November 14th. Nineteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $134.41.

Walt Disney Price Performance

DIS stock opened at $110.56 on Thursday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.71 and a quick ratio of 0.65. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The firm has a 50-day moving average of $109.15 and a 200 day moving average of $114.58. The company has a market cap of $197.39 billion, a P/E ratio of 16.12, a PEG ratio of 1.54 and a beta of 1.49.

Walt Disney (NYSE:DIS) last posted its earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.08. Walt Disney had a return on equity of 9.37% and a net margin of 13.14%.The firm had revenue of $22.46 billion for the quarter, compared to the consensus estimate of $22.78 billion. During the same quarter in the prior year, the business earned $1.14 EPS. The business’s revenue for the quarter was down .5% on a year-over-year basis. On average, sell-side analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Announces Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be issued a $0.75 dividend. The ex-dividend date is Tuesday, June 30th. This represents a yield of 139.0%. Walt Disney’s dividend payout ratio is 21.87%.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.