The Walt Disney Company $DIS Shares Bought by Quantinno Capital Management LP

by · The Markets Daily

Quantinno Capital Management LP boosted its stake in The Walt Disney Company (NYSE:DIS – Free Report) by 43.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 320,814 shares of the entertainment giant’s stock after acquiring an additional 97,522 shares during the quarter. Quantinno Capital Management LP’s holdings in Walt Disney were worth $39,784,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. raised its position in shares of 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 purchasing an additional 94 shares during the last quarter. Harbor Asset Planning Inc. acquired a new position in shares of Walt Disney during the second quarter valued at approximately $37,000. Howard Hughes Medical Institute purchased a new position in shares of Walt Disney in the second quarter valued at approximately $48,000. RMG Wealth Management LLC acquired a new stake in shares of Walt Disney in the second quarter worth approximately $49,000. Finally, Wealth Preservation Advisors LLC acquired a new position in Walt Disney in the 1st quarter valued at $53,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Walt Disney in a research note on Monday. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walt Disney in a research report on Wednesday, November 12th. Cowen restated a “hold” rating on shares of Walt Disney in a research report on Friday, November 14th. Rosenblatt Securities reiterated a “buy” rating and issued a $141.00 price objective on shares of Walt Disney in a report on Friday, October 17th. Finally, Jefferies Financial Group decreased their target price on shares of Walt Disney from $144.00 to $136.00 and set a “buy” rating on the stock in a research note on Friday, November 14th. Eighteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and an average price target of $134.41.

Check Out Our Latest Report on Walt Disney

Walt Disney Stock Performance

NYSE:DIS opened at $111.49 on Friday. The company’s 50-day moving average is $109.26 and its two-hundred day moving average is $114.58. The firm has a market capitalization of $199.04 billion, a price-to-earnings ratio of 16.25, a PEG ratio of 1.50 and a beta of 1.49. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.71 and a quick ratio of 0.65. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69.

Walt Disney (NYSE:DIS – Get Free Report) last released its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, beating the consensus estimate of $1.03 by $0.08. The firm had revenue of $22.46 billion for the quarter, compared to analyst estimates of $22.78 billion. Walt Disney had a net margin of 13.14% and a return on equity of 9.37%. The business’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.14 EPS. Analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Announces Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be paid a $0.75 dividend. This represents a dividend yield of 139.0%. The ex-dividend date of this dividend is Tuesday, June 30th. Walt Disney’s dividend payout ratio is 14.58%.

Walt Disney Company 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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