Level Four Advisory Services LLC trimmed its holdings in shares of Walt Disney Co (NYSE:DIS) by 10.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 32,249 shares of the entertainment giant’s stock after selling 3,671 shares during the period. Level Four Advisory Services LLC’s holdings in Walt Disney were worth $3,644,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. Janus Henderson Group PLC grew its holdings in Walt Disney by 929.6% during the second quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock worth $574,907,000 after acquiring an additional 4,885,398 shares during the period. AJO LP grew its holdings in Walt Disney by 12,331.6% during the second 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. grew its holdings in Walt Disney by 2.2% during the second 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 grew its holdings in Walt Disney by 247.9% during the second 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 grew its holdings in Walt Disney by 48.7% during the second 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.

DIS has been the topic of a number of research analyst reports. Bank of America reaffirmed a “buy” rating and set a $120.00 target price (down from $125.00) on shares of Walt Disney in a report on Friday, September 8th. FBR & Co reaffirmed a “hold” rating and set a $97.00 target price on shares of Walt Disney in a report on Friday, September 8th. Goldman Sachs Group lifted their target price on Walt Disney from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, November 10th. Guggenheim reaffirmed a “buy” rating and set a $122.00 target price on shares of Walt Disney in a report on Tuesday, September 5th. Finally, UBS reaffirmed a “buy” rating and set a $126.00 target price on shares of Walt Disney in a report on Tuesday, September 5th. Three investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $113.44.

Shares of Walt Disney Co (DIS) opened at $111.27 on Friday. Walt Disney Co has a 1 year low of $96.20 and a 1 year high of $116.10. The company has a market capitalization of $168,052.41, a PE ratio of 19.52, a price-to-earnings-growth ratio of 2.37 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81.

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

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

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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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