Quotient Investors LLC lessened its stake in Walt Disney Co (NYSE:DIS) by 23.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,593 shares of the entertainment giant’s stock after selling 3,900 shares during the quarter. Quotient Investors LLC’s holdings in Walt Disney were worth $1,241,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of DIS. Shell Asset Management Co. increased its stake in shares of Walt Disney by 26.3% in the third quarter. Shell Asset Management Co. now owns 281,234 shares of the entertainment giant’s stock valued at $25,038,000 after buying an additional 58,540 shares during the period. Stokes & Hubbell Capital Management LLC increased its stake in shares of Walt Disney by 5.9% in the third quarter. Stokes & Hubbell Capital Management LLC now owns 42,099 shares of the entertainment giant’s stock valued at $4,150,000 after buying an additional 2,348 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Walt Disney by 170.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 20,894 shares of the entertainment giant’s stock valued at $2,091,000 after buying an additional 13,164 shares during the period. First National Bank of Mount Dora Trust Investment Services increased its stake in shares of Walt Disney by 8.1% in the third quarter. First National Bank of Mount Dora Trust Investment Services now owns 28,931 shares of the entertainment giant’s stock valued at $2,851,000 after buying an additional 2,161 shares during the period. Finally, McQueen Ball & Associates Inc. increased its stake in shares of Walt Disney by 3.1% in the third quarter. McQueen Ball & Associates Inc. now owns 23,362 shares of the entertainment giant’s stock valued at $2,303,000 after buying an additional 710 shares during the period. 61.39% of the stock is owned by institutional investors and hedge funds.

Several analysts recently commented on the company. Guggenheim reiterated a “buy” rating and issued a $122.00 target price on shares of Walt Disney in a report on Tuesday, September 5th. Jefferies Group reiterated a “hold” rating and issued a $103.00 target price (down from $110.00) on shares of Walt Disney in a report on Friday, October 6th. Pivotal Research upped their target price on Walt Disney from $83.00 to $91.00 and gave the company a “sell” rating in a report on Thursday, December 14th. BTIG Research reiterated a “sell” rating on shares of Walt Disney in a report on Monday, September 25th. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of Walt Disney in a report on Tuesday, September 12th. Three analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seventeen have issued a buy rating to the company. Walt Disney has a consensus rating of “Hold” and a consensus price target of $113.44.

Shares of Walt Disney Co (NYSE DIS) opened at $111.03 on Tuesday. The company has a market capitalization of $167,715.28, a price-to-earnings ratio of 19.52, a P/E/G ratio of 2.37 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 quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). The company had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The company’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.10 earnings per share. equities analysts anticipate that Walt Disney Co will post 6.23 earnings per share for the current fiscal year.

The business also recently declared a Semi-Annual dividend, which will be paid on Thursday, January 11th. Investors 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 payout ratio is currently 29.53%.

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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.

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

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