Walt Disney Co (DIS) is Greenwood Capital Associates LLC’s 8th Largest Position

Greenwood Capital Associates LLC trimmed its stake in Walt Disney Co (NYSE:DIS) by 2.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,975 shares of the entertainment giant’s stock after selling 2,196 shares during the quarter. Walt Disney makes up about 1.8% of Greenwood Capital Associates LLC’s portfolio, making the stock its 8th biggest holding. Greenwood Capital Associates LLC owned 47.93% of Walt Disney worth $7,292,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of DIS. Telos Capital Management Inc. lifted its position in shares of Walt Disney by 3.0% in the third quarter. Telos Capital Management Inc. now owns 32,394 shares of the entertainment giant’s stock valued at $3,193,000 after buying an additional 942 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Walt Disney by 2.4% in the third quarter. Principal Financial Group Inc. now owns 2,787,855 shares of the entertainment giant’s stock valued at $274,799,000 after buying an additional 64,704 shares during the last quarter. Exchange Capital Management Inc. lifted its position in shares of Walt Disney by 2.0% in the third quarter. Exchange Capital Management Inc. now owns 52,244 shares of the entertainment giant’s stock valued at $5,150,000 after buying an additional 1,033 shares during the last quarter. Greatmark Investment Partners Inc. acquired a new stake in shares of Walt Disney in the third quarter valued at approximately $222,000. Finally, Oregon Public Employees Retirement Fund lifted its position in shares of Walt Disney by 1.7% in the third quarter. Oregon Public Employees Retirement Fund now owns 371,095 shares of the entertainment giant’s stock valued at $36,579,000 after buying an additional 6,172 shares during the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

A number of research firms have recently issued reports on DIS. Bank of America reaffirmed a “buy” rating and issued a $144.00 price objective (up from $130.00) on shares of Walt Disney in a research report on Wednesday. Zacks Investment Research cut Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Pivotal Research reaffirmed a “sell” rating and issued a $93.00 price objective (up from $91.00) on shares of Walt Disney in a research report on Tuesday, January 9th. Rosenblatt Securities raised Walt Disney from a “neutral” rating to a “buy” rating and raised their price objective for the company from $115.00 to $130.00 in a research report on Wednesday, January 3rd. Finally, Royal Bank of Canada raised their price objective on Walt Disney to $135.00 and gave the company a “top pick” rating in a research report on Wednesday, January 3rd. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. Walt Disney presently has a consensus rating of “Hold” and a consensus target price of $116.07.

Walt Disney Co (NYSE:DIS) opened at $112.47 on Friday. The firm has a market capitalization of $169,860.00, a price-to-earnings ratio of 19.80, a price-to-earnings-growth ratio of 1.98 and a beta of 1.38. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42. Walt Disney Co has a fifty-two week low of $96.20 and a fifty-two week high of $116.10.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). The company had revenue of $12.78 billion during the quarter, compared to analyst estimates of $13.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. Walt Disney’s revenue was down 2.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.10 earnings per share. equities research analysts anticipate that Walt Disney Co will post 6.31 earnings per share for the current fiscal year.

The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, January 11th. Shareholders of record on Monday, December 11th were issued a $0.84 dividend. The ex-dividend date was Friday, December 8th. Walt Disney’s dividend payout ratio is presently 29.58%.

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About Walt Disney

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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