Cypress Wealth Advisors LLC reduced its position in shares of Walt Disney Co (NYSE:DIS) by 31.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,037 shares of the entertainment giant’s stock after selling 4,213 shares during the period. Walt Disney accounts for about 1.1% of Cypress Wealth Advisors LLC’s investment portfolio, making the stock its 24th largest position. Cypress Wealth Advisors LLC’s holdings in Walt Disney were worth $960,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in DIS. Janus Henderson Group PLC boosted its stake in shares of Walt Disney by 929.6% during the 2nd quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock worth $574,907,000 after purchasing an additional 4,885,398 shares during the last quarter. AJO LP lifted its holdings in shares of Walt Disney by 12,331.6% during the 2nd quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock worth $350,661,000 after acquiring an additional 3,273,787 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Walt Disney by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock worth $10,497,824,000 after acquiring an additional 2,131,932 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Walt Disney by 247.9% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock worth $280,999,000 after acquiring an additional 1,884,600 shares during the period. Finally, Nordea Investment Management AB lifted its holdings in shares of Walt Disney by 48.7% during the 2nd quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock worth $564,561,000 after acquiring an additional 1,740,128 shares during the period. 61.51% of the stock is currently owned by institutional investors.

Shares of Walt Disney Co (DIS) opened at $107.43 on Wednesday. Walt Disney Co has a 1 year low of $96.20 and a 1 year high of $116.10. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81. The firm has a market cap of $161,346.63, a P/E ratio of 18.74, a PEG ratio of 2.28 and a beta of 1.38.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The company had revenue of $12.78 billion for the quarter, compared to analyst estimates of $13.30 billion. During the same period in the previous year, the business posted $1.10 EPS. The firm’s quarterly revenue was down 2.8% compared to the same quarter last year. research analysts expect that Walt Disney Co will post 6.23 EPS for the current fiscal year.

The business also recently declared a Semi-Annual dividend, which will be paid on Thursday, January 11th. Stockholders of record on Monday, December 11th will be given a dividend of $0.84 per share. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s payout ratio is currently 29.53%.

Several research analysts have recently weighed in on DIS shares. Piper Jaffray Companies set a $130.00 price objective on shares of Walt Disney and gave the stock a “buy” rating in a report on Tuesday, August 15th. Loop Capital reiterated a “hold” rating and set a $107.00 price objective (down from $108.00) on shares of Walt Disney in a report on Wednesday, August 16th. Goldman Sachs Group set a $119.00 price objective on shares of Walt Disney and gave the stock a “buy” rating in a report on Saturday, August 19th. Vetr lowered shares of Walt Disney from a “buy” rating to a “hold” rating and set a $103.55 price objective on the stock. in a report on Monday, August 21st. Finally, Wells Fargo & Company upgraded shares of Walt Disney from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $109.00 to $116.00 in a report on Tuesday, September 5th. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and seventeen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $112.44.

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Walt Disney Profile

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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