Walt Disney Co (DIS) Shares Bought by Colony Group LLC
Colony Group LLC grew its holdings in shares of Walt Disney Co (NYSE:DIS) by 187.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,449 shares of the entertainment giant’s stock after acquiring an additional 22,484 shares during the period. Colony Group LLC’s holdings in Walt Disney were worth $3,660,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also modified their holdings of the company. Keel Point LLC grew its position in shares of Walt Disney by 8.7% during the 2nd quarter. Keel Point LLC now owns 7,875 shares of the entertainment giant’s stock valued at $837,000 after acquiring an additional 629 shares during the period. Sunbelt Securities Inc. boosted its holdings in Walt Disney by 7.6% in the 2nd quarter. Sunbelt Securities Inc. now owns 4,253 shares of the entertainment giant’s stock worth $452,000 after buying an additional 299 shares during the period. National Asset Management Inc. boosted its holdings in Walt Disney by 53.8% in the 2nd quarter. National Asset Management Inc. now owns 28,258 shares of the entertainment giant’s stock worth $3,006,000 after buying an additional 9,880 shares during the period. Kingfisher Capital LLC boosted its holdings in Walt Disney by 2.2% in the 2nd quarter. Kingfisher Capital LLC now owns 11,908 shares of the entertainment giant’s stock worth $1,265,000 after buying an additional 258 shares during the period. Finally, Krilogy Financial LLC boosted its holdings in Walt Disney by 13.2% in the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock worth $151,000 after buying an additional 166 shares during the period. 61.51% of the stock is owned by hedge funds and other institutional investors.
Several research analysts recently weighed in on DIS shares. Vetr raised shares of Walt Disney from a “hold” rating to a “buy” rating and set a $103.55 target price for the company in a report on Thursday, September 7th. UBS reaffirmed a “buy” rating and issued a $126.00 target price on shares of Walt Disney in a report on Tuesday, September 5th. Guggenheim reaffirmed a “buy” rating and issued a $122.00 target price on shares of Walt Disney in a report on Tuesday, September 5th. Goldman Sachs Group set a $119.00 target price on shares of Walt Disney and gave the stock a “buy” rating in a report on Saturday, August 19th. Finally, Piper Jaffray Companies set a $130.00 target price on shares of Walt Disney and gave the stock a “buy” rating in a report on Tuesday, August 22nd. Three analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seventeen have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $112.44.
Walt Disney Co (NYSE:DIS) opened at $107.43 on Wednesday. The company has a market cap of $161,346.63, a PE ratio of 18.74, a P/E/G ratio of 2.28 and a beta of 1.38. Walt Disney Co has a fifty-two week low of $96.20 and a fifty-two week high of $116.10. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42.
Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing the consensus estimate of $1.12 by ($0.05). The firm had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The business’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.10 earnings per share. equities analysts predict that Walt Disney Co will post 6.23 earnings per share for the current fiscal year.
The company also recently declared a Semi-Annual dividend, which will be paid on Thursday, January 11th. Investors of record on Monday, December 11th will be issued a dividend of $0.84 per share. The ex-dividend date is Friday, December 8th. Walt Disney’s payout ratio is 29.53%.
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About Walt Disney
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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