Old Mutual Global Investors UK Ltd. acquired a new stake in Walt Disney Co (NYSE:DIS) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 3,300 shares of the entertainment giant’s stock, valued at approximately $325,000.

A number of other institutional investors and hedge funds have also modified their holdings of DIS. Vanguard Group Inc. raised its position in shares of Walt Disney by 2.2% during the second quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock worth $10,497,824,000 after acquiring an additional 2,131,932 shares during the last quarter. Northern Trust Corp raised its position in shares of Walt Disney by 2.5% during the second quarter. Northern Trust Corp now owns 20,462,287 shares of the entertainment giant’s stock worth $2,174,118,000 after acquiring an additional 500,349 shares during the last quarter. Legal & General Group Plc raised its position in shares of Walt Disney by 5.3% during the second quarter. Legal & General Group Plc now owns 7,885,053 shares of the entertainment giant’s stock worth $837,761,000 after acquiring an additional 394,012 shares during the last quarter. Swiss National Bank raised its position in shares of Walt Disney by 7.8% during the second quarter. Swiss National Bank now owns 5,777,328 shares of the entertainment giant’s stock worth $613,841,000 after acquiring an additional 420,200 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Walt Disney by 7.0% during the second quarter. Ameriprise Financial Inc. now owns 5,672,744 shares of the entertainment giant’s stock worth $602,413,000 after acquiring an additional 371,811 shares during the last quarter. Hedge funds and other institutional investors own 61.51% of the company’s stock.

Walt Disney Co (DIS) opened at $111.62 on Monday. Walt Disney Co has a 52 week low of $96.20 and a 52 week high of $116.10. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $168,580.00, a PE ratio of 19.65, a price-to-earnings-growth ratio of 2.38 and a beta of 1.38.

Walt Disney (NYSE:DIS) last posted its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The business had revenue of $12.78 billion during the quarter, compared to analyst estimates of $13.30 billion. During the same period in the previous year, the firm posted $1.10 earnings per share. The firm’s revenue was down 2.8% on a year-over-year basis. equities research analysts predict that Walt Disney Co will post 6.23 EPS for the current year.

The firm also recently announced a Semi-Annual dividend, which will be paid on Thursday, January 11th. Shareholders of record on Monday, December 11th will be paid a $0.84 dividend. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s payout ratio is 29.58%.

A number of equities research analysts have recently weighed in on the company. Vetr downgraded Walt Disney from a “buy” rating to a “hold” rating and set a $113.39 target price for the company. in a research report on Wednesday, January 3rd. Royal Bank of Canada boosted their target price on Walt Disney to $135.00 and gave the stock a “top pick” rating in a research report on Wednesday, January 3rd. Rosenblatt Securities upgraded Walt Disney from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $115.00 to $130.00 in a research report on Wednesday, January 3rd. Zacks Investment Research downgraded Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, December 19th. Finally, Piper Jaffray Companies set a $125.00 target price on Walt Disney and gave the stock a “buy” rating in a research report on Friday, December 15th. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. Walt Disney presently has a consensus rating of “Hold” and an average price target of $114.91.

ILLEGAL ACTIVITY WARNING: This news story was reported by Watch List News and is the property of of Watch List News. If you are accessing this news story on another publication, it was illegally copied and republished in violation of United States and international trademark and copyright laws. The legal version of this news story can be viewed at https://www.watchlistnews.com/old-mutual-global-investors-uk-ltd-acquires-shares-of-3300-walt-disney-co-dis/1798318.html.

Walt Disney 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.

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walt Disney Co (NYSE:DIS).

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

Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with Analyst Ratings Network's FREE daily email newsletter.