VIRGINIA RETIREMENT SYSTEMS ET Al Acquires 141,400 Shares of The Walt Disney Company $DIS

by · The Markets Daily

VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in The Walt Disney Company (NYSE:DIS – Free Report) by 65.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 358,000 shares of the entertainment giant’s stock after buying an additional 141,400 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Walt Disney were worth $40,991,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Brighton Jones LLC lifted its position in shares of Walt Disney by 7.7% during the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after acquiring an additional 1,904 shares in the last quarter. Trexquant Investment LP bought a new stake in shares of Walt Disney during the 1st quarter valued at $2,745,000. Vident Advisory LLC raised its stake in shares of Walt Disney by 106.3% during the 1st quarter. Vident Advisory LLC now owns 19,111 shares of the entertainment giant’s stock valued at $1,886,000 after purchasing an additional 9,848 shares during the period. Quarry LP lifted its holdings in Walt Disney by 23.6% during the 1st quarter. Quarry LP now owns 1,968 shares of the entertainment giant’s stock worth $194,000 after purchasing an additional 376 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC boosted its stake in Walt Disney by 12.6% in the 1st quarter. Focus Partners Advisor Solutions LLC now owns 48,218 shares of the entertainment giant’s stock worth $4,759,000 after purchasing an additional 5,403 shares during the period. 65.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

DIS has been the topic of several analyst reports. Citigroup reiterated a “positive” rating on shares of Walt Disney in a research report on Friday, November 14th. Wall Street Zen cut shares of Walt Disney from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Walt Disney in a research note on Monday. Jefferies Financial Group reduced their price target on shares of Walt Disney from $144.00 to $136.00 and set a “buy” rating for the company in a research report on Friday, November 14th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Walt Disney in a report on Friday, November 14th. Nineteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and an average price target of $134.41.

Check Out Our Latest Stock Report on DIS

Walt Disney Price Performance

Shares of NYSE:DIS opened at $114.82 on Wednesday. The company’s fifty day moving average price is $109.55 and its 200-day moving average price is $114.42. The firm has a market capitalization of $204.99 billion, a price-to-earnings ratio of 16.74, a PEG ratio of 1.58 and a beta of 1.49. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.71 and a quick ratio of 0.65.

Walt Disney (NYSE:DIS – Get Free Report) last posted its quarterly earnings data 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 net margin of 13.14% and a return on equity of 9.37%. The company had revenue of $22.46 billion during the quarter, compared to the consensus estimate of $22.78 billion. During the same period in the previous year, the firm posted $1.14 EPS. The firm’s revenue was down .5% compared to the same quarter last year. On average, equities research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Announces Dividend

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

Walt Disney Profile

(Free Report)

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.

See Also

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