Stonebridge Capital Management Inc. lifted its position in shares of Walt Disney Co (NYSE:DIS) by 5.5% in the third quarter, HoldingsChannel.com reports. The firm owned 70,956 shares of the entertainment giant’s stock after purchasing an additional 3,698 shares during the period. Walt Disney makes up about 2.6% of Stonebridge Capital Management Inc.’s investment portfolio, making the stock its 13th biggest position. Stonebridge Capital Management Inc.’s holdings in Walt Disney were worth $6,994,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. Vantage Financial Partners Ltd. Inc. purchased a new position in Walt Disney in the 2nd quarter worth approximately $925,000. Lee Financial Co boosted 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 acquiring an additional 74 shares during the period. Krilogy Financial LLC boosted 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 acquiring an additional 166 shares during the period. BDO Wealth Advisors LLC purchased a new position in Walt Disney in the 2nd quarter worth approximately $153,000. Finally, Acrospire Investment Management LLC purchased a new position in Walt Disney in the 2nd quarter worth approximately $170,000. Institutional investors and hedge funds own 61.51% of the company’s stock.

Shares of Walt Disney Co (DIS) opened at $111.62 on Monday. 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 capitalization of $168,580.00, a P/E ratio of 19.65, a P/E/G ratio of 2.38 and a beta of 1.38. Walt Disney Co has a 52-week low of $96.20 and a 52-week high of $116.10.

Walt Disney (NYSE:DIS) last posted its quarterly 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 firm had revenue of $12.78 billion for the quarter, compared to analyst estimates of $13.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The business’s revenue was down 2.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.10 earnings per share. research analysts predict that Walt Disney Co will post 6.23 earnings per share for the current year.

The company also recently declared a Semi-Annual dividend, which will be paid on Thursday, January 11th. Investors 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 is currently 29.58%.

A number of equities analysts have weighed in on the company. B. Riley restated a “neutral” rating on shares of Walt Disney in a report on Wednesday, November 1st. Zacks Investment Research upgraded Walt Disney from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. Rosenblatt Securities restated a “hold” rating and issued a $110.00 price target on shares of Walt Disney in a report on Thursday, September 28th. Vetr upgraded Walt Disney from a “hold” rating to a “buy” rating and set a $112.50 price target for the company in a report on Monday, January 1st. Finally, Citigroup restated a “neutral” rating on shares of Walt Disney in a report on Thursday, September 28th. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. Walt Disney presently has an average rating of “Hold” and a consensus target price of $114.91.

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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.

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

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