Afam Capital Inc. Boosts Stake in Walt Disney Co (DIS)
Afam Capital Inc. grew its stake in shares of Walt Disney Co (NYSE:DIS) by 3.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 107,221 shares of the entertainment giant’s stock after purchasing an additional 3,308 shares during the quarter. Walt Disney makes up 1.5% of Afam Capital Inc.’s portfolio, making the stock its 5th largest holding. Afam Capital Inc.’s holdings in Walt Disney were worth $11,392,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently bought and sold shares of DIS. Lee Financial Co grew its holdings in Walt Disney by 7.6% in the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after buying an additional 74 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. bought a new position in Walt Disney in the 1st quarter worth approximately $144,000. Krilogy Financial LLC grew its holdings in Walt Disney by 13.2% in the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock worth $151,000 after buying an additional 166 shares in the last quarter. IHT Wealth Management LLC grew its holdings in Walt Disney by 34.3% in the 2nd quarter. IHT Wealth Management LLC now owns 15,377 shares of the entertainment giant’s stock worth $152,000 after buying an additional 3,923 shares in the last quarter. Finally, BDO Wealth Advisors LLC bought a new position in Walt Disney in the 2nd quarter worth approximately $153,000. 61.51% of the stock is owned by institutional investors.
A number of brokerages recently issued reports on DIS. B. Riley reissued a “neutral” rating on shares of Walt Disney in a report on Wednesday, November 1st. Rosenblatt Securities reaffirmed a “hold” rating and set a $115.00 price target on shares of Walt Disney in a research note on Monday, December 4th. Loop Capital reaffirmed a “hold” rating and set a $107.00 price target (down from $108.00) on shares of Walt Disney in a research note on Wednesday, August 16th. Citigroup reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Thursday, September 28th. Finally, Jefferies Group reaffirmed a “hold” rating and set a $103.00 price target (down from $110.00) on shares of Walt Disney in a research note on Friday, October 6th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seventeen have issued a buy rating to the stock. Walt Disney currently has a consensus rating of “Hold” and a consensus price target of $112.44.
Shares of Walt Disney Co (NYSE DIS) opened at $107.61 on Thursday. Walt Disney Co has a 52-week low of $96.20 and a 52-week high of $116.10. The company has a market capitalization of $162,109.33, a price-to-earnings ratio of 18.83, a PEG ratio of 2.29 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 analysts’ consensus estimates of $1.12 by ($0.05). Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The company had revenue of $12.78 billion for the quarter, compared to analyst estimates of $13.30 billion. During the same quarter last year, the company posted $1.10 EPS. Walt Disney’s revenue was down 2.8% on a year-over-year basis. sell-side analysts forecast that Walt Disney Co will post 6.23 earnings per share for the current fiscal year.
The business also recently disclosed 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 is Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is presently 29.53%.
Walt Disney Company 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.
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