Rikoon Group LLC raised its stake in shares of Walt Disney Co (NYSE:DIS) by 6.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,081 shares of the entertainment giant’s stock after purchasing an additional 1,155 shares during the quarter. Rikoon Group LLC’s holdings in Walt Disney were worth $2,133,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Tortoise Investment Management LLC grew its position in shares of Walt Disney by 0.6% in the 2nd quarter. Tortoise Investment Management LLC now owns 2,269 shares of the entertainment giant’s stock worth $241,000 after buying an additional 14 shares during the period. Burt Wealth Advisors grew its position in shares of Walt Disney by 0.5% in the 2nd quarter. Burt Wealth Advisors now owns 3,182 shares of the entertainment giant’s stock worth $338,000 after buying an additional 15 shares during the period. Sonata Capital Group Inc. grew its position in shares of Walt Disney by 0.7% in the 2nd quarter. Sonata Capital Group Inc. now owns 2,732 shares of the entertainment giant’s stock worth $290,000 after buying an additional 20 shares during the period. Leisure Capital Management grew its position in shares of Walt Disney by 0.5% in the 2nd quarter. Leisure Capital Management now owns 4,449 shares of the entertainment giant’s stock worth $473,000 after buying an additional 20 shares during the period. Finally, First Capital Advisors Group LLC. grew its position in shares of Walt Disney by 0.4% in the 2nd quarter. First Capital Advisors Group LLC. now owns 6,515 shares of the entertainment giant’s stock worth $692,000 after buying an additional 24 shares during the period. 61.51% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Co (DIS) opened at $107.61 on Thursday. 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 stock has a market cap of $162,109.33, a PE ratio of 18.83, a price-to-earnings-growth ratio of 2.29 and a beta of 1.38. Walt Disney Co has a one year low of $96.20 and a one year high of $116.10.

Walt Disney (NYSE:DIS) last posted its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). The company had revenue of $12.78 billion for the quarter, compared to the consensus estimate 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 quarter in the prior year, the company posted $1.10 EPS. equities research analysts forecast that Walt Disney Co will post 6.23 earnings per share for the current fiscal year.

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

A number of research firms have recently weighed in on DIS. B. Riley reaffirmed a “neutral” rating on shares of Walt Disney in a research report on Wednesday, November 1st. Rosenblatt Securities reaffirmed a “hold” rating and issued a $115.00 target price on shares of Walt Disney in a research report on Monday, December 4th. Loop Capital reaffirmed a “hold” rating and issued a $107.00 target price (down from $108.00) on shares of Walt Disney in a research report on Wednesday, August 16th. Citigroup reaffirmed a “neutral” rating on shares of Walt Disney in a research report on Thursday, September 28th. Finally, Jefferies Group reaffirmed a “hold” rating and issued a $103.00 target price (down from $110.00) on shares of Walt Disney in a research report on Friday, October 6th. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus 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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