Leuthold Group LLC Sells 819 Shares of The Walt Disney Company $DIS

Leuthold Group LLC trimmed its position in The Walt Disney Company (NYSE:DIS) by 1.6% during the second quarter, HoldingsChannel.com reports. The fund owned 51,931 shares of the entertainment giant’s stock after selling 819 shares during the period. Leuthold Group LLC’s holdings in Walt Disney were worth $6,440,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of DIS. DiNuzzo Private Wealth Inc. raised its stake in Walt Disney by 82.5% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after buying an additional 94 shares during the period. Harbor Asset Planning Inc. bought a new stake in shares of Walt Disney in the second quarter worth about $37,000. RMG Wealth Management LLC bought a new stake in shares of Walt Disney in the second quarter worth about $49,000. Legacy Investment Solutions LLC acquired a new stake in shares of Walt Disney during the second quarter worth about $53,000. Finally, Wolff Wiese Magana LLC lifted its holdings in shares of Walt Disney by 41.5% during the 2nd quarter. Wolff Wiese Magana LLC now owns 460 shares of the entertainment giant’s stock valued at $57,000 after purchasing an additional 135 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Up 0.9%

DIS stock opened at $104.35 on Friday. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The stock has a market cap of $186.29 billion, a price-to-earnings ratio of 16.36, a price-to-earnings-growth ratio of 1.45 and a beta of 1.55. The company has a fifty day moving average price of $110.37 and a two-hundred day moving average price of $114.89. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.08. The business had revenue of $22.46 billion during the quarter, compared to analysts’ expectations 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 period last year, the firm posted $1.14 EPS. Equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Announces Dividend

The business also recently declared a dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be given a $0.75 dividend. The ex-dividend date is Tuesday, June 30th. This represents a dividend yield of 139.0%. Walt Disney’s dividend payout ratio (DPR) is presently 21.87%.

Wall Street Analyst Weigh In

DIS has been the subject of several research analyst reports. Citigroup reiterated a “positive” rating on shares of Walt Disney in a report on Friday, November 14th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a research report on Monday, August 11th. Raymond James Financial reissued a “market perform” rating on shares of Walt Disney in a research note on Friday, November 14th. Jefferies Financial Group cut their price target on Walt Disney from $144.00 to $136.00 and set a “buy” rating on the stock in a report on Friday, November 14th. Finally, Guggenheim reiterated a “buy” rating and set a $140.00 price objective on shares of Walt Disney in a report on Friday, November 14th. Eighteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $134.41.

Walt Disney Company 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.