Investment House LLC Has $4.08 Million Stock Position in The Walt Disney Company $DIS

Investment House LLC lifted its stake in The Walt Disney Company (NYSE:DIS) by 532.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,892 shares of the entertainment giant’s stock after purchasing an additional 27,692 shares during the period. Investment House LLC’s holdings in Walt Disney were worth $4,079,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Walt Disney by 1.1% during the 2nd quarter. Vanguard Group Inc. now owns 157,501,484 shares of the entertainment giant’s stock worth $19,531,759,000 after buying an additional 1,639,123 shares during the period. State Street Corp raised its position in shares of Walt Disney by 0.8% in the 2nd quarter. State Street Corp now owns 79,643,043 shares of the entertainment giant’s stock valued at $9,915,465,000 after acquiring an additional 625,893 shares during the period. Geode Capital Management LLC boosted its stake in Walt Disney by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 39,992,231 shares of the entertainment giant’s stock worth $4,935,928,000 after acquiring an additional 458,077 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in Walt Disney during the second quarter valued at approximately $4,220,599,000. Finally, Norges Bank acquired a new stake in Walt Disney in the second quarter worth $2,618,295,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

NYSE DIS opened at $108.85 on Thursday. The firm’s 50 day moving average is $109.27 and its 200-day moving average is $114.60. 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 company has a market capitalization of $194.33 billion, a PE ratio of 15.87, a price-to-earnings-growth ratio of 1.48 and a beta of 1.49. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69.

Walt Disney (NYSE:DIS) last released its earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share for the quarter, beating 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 business had revenue of $22.46 billion during the quarter, compared to the consensus estimate of $22.78 billion. During the same quarter last year, the firm earned $1.14 earnings per share. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. Equities research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Dividend Announcement

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

Wall Street Analysts Forecast Growth

DIS has been the subject of several research analyst reports. Raymond James Financial reissued a “market perform” rating on shares of Walt Disney in a report on Friday, November 14th. Wall Street Zen lowered Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Wells Fargo & Company decreased their target price on Walt Disney from $159.00 to $152.00 and set an “overweight” rating for the company in a research note on Friday, November 14th. Cowen restated a “hold” rating on shares of Walt Disney in a report on Friday, November 14th. Finally, Guggenheim reaffirmed a “buy” rating and set a $140.00 price target on shares of Walt Disney in a research report on Friday, November 14th. Eighteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and an average price target of $134.41.

Walt Disney Company Profile

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.