Howe & Rusling Inc. raised its stake in shares of Walt Disney Co (NYSE:DIS) by 215.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,281 shares of the entertainment giant’s stock after buying an additional 4,290 shares during the quarter. Howe & Rusling Inc.’s holdings in Walt Disney were worth $619,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Janus Henderson Group PLC boosted its position in shares of Walt Disney by 929.6% during the 2nd quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock valued at $574,907,000 after acquiring an additional 4,885,398 shares during the last quarter. AJO LP lifted its position in Walt Disney by 12,331.6% in the 2nd quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock worth $350,661,000 after buying an additional 3,273,787 shares during the last quarter. Vanguard Group Inc. lifted its position in Walt Disney by 2.2% in the 2nd quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock worth $10,497,824,000 after buying an additional 2,131,932 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Walt Disney by 247.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock worth $280,999,000 after buying an additional 1,884,600 shares during the last quarter. Finally, Nordea Investment Management AB lifted its position in Walt Disney by 48.7% in the 2nd quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock worth $564,561,000 after buying an additional 1,740,128 shares during the last quarter. 61.39% of the stock is owned by institutional investors and hedge funds.

Shares of Walt Disney Co (NYSE DIS) opened at $111.03 on Tuesday. The firm 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 quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42.

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

The business also recently announced a Semi-Annual dividend, which will be paid on Thursday, January 11th. Shareholders of record on Monday, December 11th will be issued a $0.84 dividend. The ex-dividend date is Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is 29.53%.

DIS has been the subject of a number of recent research reports. Bank of America restated a “buy” rating and issued a $120.00 target price (down previously from $125.00) on shares of Walt Disney in a research report on Friday, September 8th. FBR & Co restated a “hold” rating and issued a $97.00 target price on shares of Walt Disney in a research report on Friday, September 8th. Goldman Sachs Group boosted their target price on Walt Disney from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. Guggenheim restated a “buy” rating and issued a $122.00 target price on shares of Walt Disney in a research report on Tuesday, September 5th. Finally, UBS restated a “buy” rating and issued a $126.00 target price on shares of Walt Disney in a research report on Tuesday, September 5th. Three investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and seventeen have issued a buy rating to the company’s stock. Walt Disney presently has an average rating of “Hold” and an average target price of $113.44.

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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.

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

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