Keating Investment Counselors Inc. reduced its position in shares of Walt Disney Co (NYSE:DIS) by 0.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,927 shares of the entertainment giant’s stock after selling 150 shares during the quarter. Walt Disney accounts for approximately 1.9% of Keating Investment Counselors Inc.’s investment portfolio, making the stock its 27th biggest holding. Keating Investment Counselors Inc.’s holdings in Walt Disney were worth $4,349,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of DIS. Lee Financial Co boosted its stake 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 acquiring an additional 74 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. purchased a new stake in shares of Walt Disney during the 1st quarter worth about $144,000. BDO Wealth Advisors LLC acquired a new position in shares of Walt Disney during the 2nd quarter worth about $153,000. Allegis Investment Advisors LLC acquired a new position in shares of Walt Disney during the 2nd quarter worth about $206,000. Finally, Atwood & Palmer Inc. raised its position in shares of Walt Disney by 1.3% during the 2nd quarter. Atwood & Palmer Inc. now owns 1,987 shares of the entertainment giant’s stock worth $211,000 after purchasing an additional 25 shares during the last quarter. 61.51% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts recently weighed in on the stock. B. Riley restated a “neutral” rating on shares of Walt Disney in a research report on Wednesday, November 1st. Loop Capital restated a “hold” rating and set a $108.00 price target on shares of Walt Disney in a research report on Thursday, August 10th. BMO Capital Markets restated an “underperform” rating and set a $90.00 price target (down previously from $95.00) on shares of Walt Disney in a research report on Thursday, August 10th. Wells Fargo & Company restated a “market perform” rating and set a $109.00 price target on shares of Walt Disney in a research report on Thursday, August 10th. Finally, Goldman Sachs Group set a $133.00 price target on shares of Walt Disney and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Three investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and sixteen have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $112.34.

Walt Disney Co (NYSE DIS) traded down $1.76 during mid-day trading on Thursday, reaching $105.46. 8,121,600 shares of the company’s stock were exchanged, compared to its average volume of 7,259,450. The firm has a market cap of $161,935.64, a P/E ratio of 18.81, a price-to-earnings-growth ratio of 2.28 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81. Walt Disney Co has a 12 month low of $96.20 and a 12 month high of $116.10.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). The firm had revenue of $12.78 billion for the quarter, compared to analyst estimates of $13.30 billion. Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The firm’s quarterly revenue was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.10 EPS. analysts anticipate that Walt Disney Co will post 6.24 earnings per share for the current year.

The company also recently declared 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 of this dividend is Friday, December 8th. Walt Disney’s dividend payout ratio is currently 27.42%.

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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.

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

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