RNC Capital Management LLC grew its position in Walt Disney Co (NYSE:DIS) by 2.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,393 shares of the entertainment giant’s stock after purchasing an additional 644 shares during the quarter. RNC Capital Management LLC’s holdings in Walt Disney were worth $3,123,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of DIS. Janus Henderson Group PLC lifted its position 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 valued at $574,907,000 after purchasing an additional 4,885,398 shares during the last quarter. AJO LP lifted its position 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 valued at $350,661,000 after purchasing an additional 3,273,787 shares during the last quarter. Vanguard Group Inc. lifted its position 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 valued at $10,497,824,000 after purchasing an additional 2,131,932 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position 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 valued at $280,999,000 after purchasing an additional 1,884,600 shares during the last quarter. Finally, Nordea Investment Management AB lifted its position 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 valued at $564,561,000 after purchasing an additional 1,740,128 shares during the last quarter. Institutional investors and hedge funds own 61.51% of the company’s stock.

Shares of Walt Disney Co (NYSE:DIS) traded up $2.96 during trading on Friday, reaching $110.57. 27,571,300 shares of the company’s stock traded hands, compared to its average volume of 7,369,209. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. Walt Disney Co has a one year low of $96.20 and a one year high of $116.10. The company has a market cap of $162,524.66, a PE ratio of 18.88, a price-to-earnings-growth ratio of 2.29 and a beta of 1.38.

Walt Disney (NYSE:DIS) last issued 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). 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 the consensus estimate of $13.30 billion. During the same quarter in the previous year, the company earned $1.10 earnings per share. The firm’s revenue was down 2.8% on a year-over-year basis. research analysts predict that Walt Disney Co will post 6.23 earnings per share for the current year.

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

Several equities research analysts have recently weighed in on DIS shares. Bank of America reissued a “buy” rating and issued a $120.00 target price (down previously from $125.00) on shares of Walt Disney in a research note on Friday, September 8th. FBR & Co reissued a “hold” rating and issued a $97.00 target price on shares of Walt Disney in a research note on Friday, September 8th. Goldman Sachs Group increased their target price on shares of Walt Disney from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, November 10th. Guggenheim reissued a “buy” rating and issued a $122.00 target price on shares of Walt Disney in a research note on Tuesday, September 5th. Finally, UBS reissued a “buy” rating and issued a $126.00 target price on shares of Walt Disney in a research note on Tuesday, September 5th. Three investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and seventeen have given a buy rating to the stock. Walt Disney presently has an average rating of “Hold” and a consensus price target of $113.44.

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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.

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

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