Calamos Wealth Management LLC boosted its position in shares of Walt Disney Company (The) (NYSE:DIS) by 35.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 83,773 shares of the entertainment giant’s stock after purchasing an additional 21,760 shares during the period. Walt Disney accounts for 1.3% of Calamos Wealth Management LLC’s investment portfolio, making the stock its 18th biggest holding. Calamos Wealth Management LLC’s holdings in Walt Disney were worth $8,901,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Sterling Investment Advisors Ltd. grew its position in Walt Disney by 3.0% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 3,475 shares of the entertainment giant’s stock worth $369,000 after purchasing an additional 100 shares in the last quarter. Atlantic Trust Group LLC grew its position in Walt Disney by 34.9% during the 2nd quarter. Atlantic Trust Group LLC now owns 331,189 shares of the entertainment giant’s stock worth $35,190,000 after purchasing an additional 85,753 shares in the last quarter. Meiji Yasuda Life Insurance Co grew its position in Walt Disney by 9.4% during the 2nd quarter. Meiji Yasuda Life Insurance Co now owns 43,249 shares of the entertainment giant’s stock worth $4,595,000 after purchasing an additional 3,700 shares in the last quarter. Leisure Capital Management grew its position in Walt Disney by 0.5% during the 2nd quarter. Leisure Capital Management now owns 4,449 shares of the entertainment giant’s stock worth $473,000 after purchasing an additional 20 shares in the last quarter. Finally, Synovus Financial Corp grew its position in Walt Disney by 8.0% during the 2nd quarter. Synovus Financial Corp now owns 148,062 shares of the entertainment giant’s stock worth $15,759,000 after purchasing an additional 10,954 shares in the last quarter. Hedge funds and other institutional investors own 61.51% of the company’s stock.

Shares of Walt Disney Company (NYSE:DIS) opened at $107.22 on Wednesday. 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 Company has a 52 week low of $96.20 and a 52 week high of $116.10. The stock has a market cap of $166,466.58, a price-to-earnings ratio of 19.34, a P/E/G ratio of 2.34 and a beta of 1.38.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.05). Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The business had revenue of $12.78 billion during the quarter, compared to analyst estimates of $13.30 billion. During the same period in the previous year, the firm posted $1.10 EPS. The firm’s revenue for the quarter was down 2.8% on a year-over-year basis. research analysts forecast that Walt Disney Company will post 6.24 earnings per share for the current year.

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, January 11th. Investors of record on Monday, December 11th will be paid a $0.84 dividend. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s payout ratio is presently 27.42%.

Several research firms have weighed in on DIS. Rosenblatt Securities reiterated a “hold” rating and set a $115.00 price objective on shares of Walt Disney in a research report on Monday. Goldman Sachs Group set a $133.00 price target on shares of Walt Disney and gave the company a “buy” rating in a report on Wednesday, August 9th. Jefferies Group restated a “hold” rating and set a $110.00 price target on shares of Walt Disney in a report on Wednesday, August 9th. BidaskClub cut shares of Walt Disney from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Finally, FBR & Co lowered their price target on shares of Walt Disney from $114.00 to $112.00 and set a “market perform” rating on the stock in a report on Wednesday, August 9th. Three equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and sixteen have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $112.20.

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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.

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

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