The Walt Disney Company $DIS Shares Sold by Colonial Trust Advisors

by · The Cerbat Gem

Colonial Trust Advisors lowered its position in The Walt Disney Company (NYSE:DIS – Free Report) by 2.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 81,891 shares of the entertainment giant’s stock after selling 1,645 shares during the quarter. Colonial Trust Advisors’ holdings in Walt Disney were worth $10,155,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ceredex Value Advisors LLC grew its stake in Walt Disney by 44.6% in the 2nd quarter. Ceredex Value Advisors LLC now owns 350,992 shares of the entertainment giant’s stock valued at $43,527,000 after acquiring an additional 108,304 shares during the last quarter. F m Investments LLC raised its position in Walt Disney by 1.2% during the second quarter. F m Investments LLC now owns 55,797 shares of the entertainment giant’s stock worth $6,932,000 after acquiring an additional 659 shares during the last quarter. Norges Bank purchased a new stake in shares of Walt Disney in the second quarter valued at about $2,618,295,000. Quadrature Capital Ltd lifted its holdings in shares of Walt Disney by 293.2% in the second quarter. Quadrature Capital Ltd now owns 133,821 shares of the entertainment giant’s stock valued at $16,588,000 after purchasing an additional 99,785 shares in the last quarter. Finally, Laidlaw Wealth Management LLC acquired a new stake in shares of Walt Disney in the second quarter valued at approximately $222,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. KeyCorp restated a “sector weight” rating on shares of Walt Disney in a research report on Friday, November 14th. Weiss Ratings restated a “hold (c+)” rating on shares of Walt Disney in a research report on Tuesday. UBS Group reaffirmed a “buy” rating and set a $138.00 price objective on shares of Walt Disney in a research note on Friday, November 14th. Stephens reissued a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Citigroup restated a “positive” rating on shares of Walt Disney in a report on Friday, November 14th. Eighteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $134.41.

Check Out Our Latest Stock Report on Walt Disney

Walt Disney Stock Performance

Walt Disney stock opened at $103.44 on Friday. The stock has a fifty day moving average price of $110.56 and a 200 day moving average price of $114.91. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The firm has a market capitalization of $184.67 billion, a P/E ratio of 16.21, a PEG ratio of 1.45 and a beta of 1.55. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS – Get Free Report) last issued its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.08. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm had revenue of $22.46 billion for the quarter, compared to analyst estimates of $22.78 billion. During the same period last year, the company earned $1.14 EPS. The firm’s quarterly revenue was down .5% on a year-over-year basis. Equities research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Dividend Announcement

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 dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a yield of 139.0%. Walt Disney’s dividend payout ratio is 21.87%.

Walt Disney Profile

(Free Report)

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.

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