The Walt Disney Company $DIS Shares Acquired by Qtron Investments LLC

Qtron Investments LLC lifted its position in shares of The Walt Disney Company (NYSE:DIS) by 40.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 18,077 shares of the entertainment giant’s stock after buying an additional 5,223 shares during the period. Qtron Investments LLC’s holdings in Walt Disney were worth $2,242,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DIS. DiNuzzo Private Wealth Inc. lifted its stake 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 period. Harbor Asset Planning Inc. purchased a new stake in shares of Walt Disney in the second quarter valued at $37,000. RMG Wealth Management LLC purchased a new position in Walt Disney during the second quarter worth about $49,000. Legacy Investment Solutions LLC acquired a new stake in Walt Disney in the 2nd quarter worth about $53,000. Finally, Wolff Wiese Magana LLC boosted its stake in Walt Disney by 41.5% in the 2nd quarter. Wolff Wiese Magana LLC now owns 460 shares of the entertainment giant’s stock worth $57,000 after buying an additional 135 shares during the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Trading Down 0.2%

Shares of DIS stock opened at $105.25 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.31. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The firm’s 50 day moving average price is $109.64 and its two-hundred day moving average price is $114.64. The stock has a market cap of $187.90 billion, a price-to-earnings ratio of 15.34, a price-to-earnings-growth ratio of 1.46 and a beta of 1.49.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.08. The company had revenue of $22.46 billion during 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 quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.14 earnings per share. On average, analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have recently commented on DIS. Chardan Capital reiterated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Raymond James Financial reaffirmed a “market perform” rating on shares of Walt Disney in a research report on Friday, November 14th. Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research note on Thursday, November 13th. Citigroup reiterated a “positive” rating on shares of Walt Disney in a report on Friday, November 14th. Finally, KeyCorp restated a “sector weight” 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 assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and an average price target of $134.41.

About Walt Disney

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.