Quilter Plc Sells 22,536 Shares of The Walt Disney Company $DIS

Quilter Plc lessened its stake in The Walt Disney Company (NYSE:DIS) by 17.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 105,380 shares of the entertainment giant’s stock after selling 22,536 shares during the quarter. Quilter Plc’s holdings in Walt Disney were worth $13,068,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DIS. Empirical Finance LLC raised its holdings in shares of Walt Disney by 0.6% during the 2nd quarter. Empirical Finance LLC now owns 63,411 shares of the entertainment giant’s stock worth $7,864,000 after acquiring an additional 390 shares in the last quarter. Alteri Wealth LLC increased its position in Walt Disney by 3.4% in the second quarter. Alteri Wealth LLC now owns 15,911 shares of the entertainment giant’s stock worth $1,973,000 after purchasing an additional 519 shares during the last quarter. TRUE Private Wealth Advisors lifted its position in Walt Disney by 27.9% during the second quarter. TRUE Private Wealth Advisors now owns 3,801 shares of the entertainment giant’s stock valued at $471,000 after purchasing an additional 830 shares during the last quarter. FineMark National Bank & Trust grew its stake in shares of Walt Disney by 0.4% in the 2nd quarter. FineMark National Bank & Trust now owns 105,732 shares of the entertainment giant’s stock worth $13,112,000 after buying an additional 416 shares in the last quarter. Finally, Primecap Management Co. CA increased its holdings in shares of Walt Disney by 2.4% in the 2nd quarter. Primecap Management Co. CA now owns 6,345,497 shares of the entertainment giant’s stock worth $786,905,000 after buying an additional 151,073 shares during the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Stock Performance

Shares of DIS stock opened at $104.66 on Thursday. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The firm has a market cap of $186.84 billion, a price-to-earnings ratio of 16.40, a PEG ratio of 1.45 and a beta of 1.55. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The company’s 50 day moving average is $112.08 and its 200 day moving average is $114.87.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.08. The company had revenue of $22.46 billion for the quarter, compared to the consensus estimate of $22.78 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter last year, the company earned $1.14 earnings per share. On average, sell-side analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be paid a dividend of $0.75 per share. This represents a dividend yield of 139.0%. The ex-dividend date is Tuesday, June 30th. Walt Disney’s payout ratio is 21.87%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. UBS Group reaffirmed a “buy” rating and issued a $138.00 price target on shares of Walt Disney in a report on Friday, November 14th. Wall Street Zen lowered Walt Disney from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Needham & Company LLC reissued a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research report on Thursday, November 13th. Guggenheim restated a “buy” rating and issued a $140.00 price target on shares of Walt Disney in a research report on Friday, November 14th. Finally, Jefferies Financial Group dropped their price objective on shares of Walt Disney from $144.00 to $136.00 and set a “buy” rating for the company in a research note on Friday, November 14th. Eighteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $134.41.

Walt Disney Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.