Schwab Charitable Fund grew its holdings in Walt Disney Co (NYSE:DIS) by 11.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,000 shares of the entertainment giant’s stock after purchasing an additional 310 shares during the period. Walt Disney makes up about 0.2% of Schwab Charitable Fund’s portfolio, making the stock its 26th biggest position. Schwab Charitable Fund’s holdings in Walt Disney were worth $434,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of DIS. Marshall Wace LLP grew its holdings in shares of Walt Disney by 571.8% during the second quarter. Marshall Wace LLP now owns 1,168,468 shares of the entertainment giant’s stock worth $163,166,000 after purchasing an additional 994,529 shares during the last quarter. Sunbelt Securities Inc. boosted its position in Walt Disney by 1,052.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 25,999 shares of the entertainment giant’s stock worth $3,388,000 after buying an additional 23,744 shares during the period. Adams Diversified Equity Fund Inc. boosted its position in Walt Disney by 103.6% during the 3rd quarter. Adams Diversified Equity Fund Inc. now owns 140,100 shares of the entertainment giant’s stock worth $18,258,000 after buying an additional 71,300 shares during the period. Foundations Investment Advisors LLC bought a new stake in Walt Disney during the 3rd quarter worth approximately $234,000. Finally, New York State Teachers Retirement System grew its holdings in Walt Disney by 0.4% during the 3rd quarter. New York State Teachers Retirement System now owns 2,620,674 shares of the entertainment giant’s stock worth $341,526,000 after acquiring an additional 11,718 shares during the last quarter. Institutional investors own 64.07% of the company’s stock.
Several research firms have recently issued reports on DIS. Consumer Edge started coverage on shares of Walt Disney in a research note on Monday, November 25th. They set an “overweight” rating and a $175.00 price target for the company. Evercore ISI reiterated a “buy” rating and set a $155.00 price target on shares of Walt Disney in a report on Monday, November 11th. Loop Capital boosted their price objective on shares of Walt Disney from $165.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th. Argus raised their target price on Walt Disney from $143.00 to $160.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Walt Disney in a research report on Friday, September 27th. Seven research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $154.31.
Shares of Walt Disney stock opened at $144.32 on Thursday. The company has a current ratio of 0.90, a quick ratio of 0.84 and a debt-to-equity ratio of 0.41. The business has a 50-day moving average price of $146.80 and a two-hundred day moving average price of $139.65. Walt Disney Co has a 1-year low of $107.32 and a 1-year high of $153.41. The company has a market cap of $261.71 billion, a P/E ratio of 25.01, a PEG ratio of 5.70 and a beta of 1.00.
Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.12. Walt Disney had a return on equity of 11.38% and a net margin of 15.89%. The company had revenue of $19.10 billion for the quarter, compared to the consensus estimate of $19.02 billion. During the same period in the previous year, the business earned $1.48 EPS. The firm’s revenue was up 33.6% compared to the same quarter last year. Equities research analysts forecast that Walt Disney Co will post 5.35 EPS for the current fiscal year.
The firm also recently announced a semi-annual dividend, which will be paid on Thursday, January 16th. Investors of record on Monday, December 16th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, December 13th. This represents a dividend yield of 1.2%. Walt Disney’s payout ratio is 30.50%.
In other news, EVP Brent Woodford sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $152.16, for a total transaction of $608,640.00. Following the completion of the sale, the executive vice president now owns 36,479 shares of the company’s stock, valued at approximately $5,550,644.64. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Christine M. Mccarthy sold 4,617 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $139.20, for a total transaction of $642,686.40. Following the sale, the chief financial officer now directly owns 135,756 shares of the company’s stock, valued at approximately $18,897,235.20. The disclosure for this sale can be found here. Over the last quarter, insiders sold 18,837 shares of company stock valued at $2,759,138. 0.36% of the stock is currently owned by corporate insiders.
About Walt Disney
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.
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