Argent Trust Co raised its holdings in shares of Walt Disney Co (NYSE:DIS) by 7.9% in the 3rd quarter, Holdings Channel reports. The firm owned 11,484 shares of the entertainment giant’s stock after buying an additional 840 shares during the quarter. Argent Trust Co’s holdings in Walt Disney were worth $1,132,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Lee Financial Co lifted its holdings in shares of 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 last quarter. Legacy Advisors LLC bought a new stake in shares of Walt Disney in the 3rd quarter worth about $137,000. Malaga Cove Capital LLC bought a new stake in shares of Walt Disney in the 3rd quarter worth about $140,000. Krilogy Financial LLC lifted its holdings in shares of 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 last quarter. Finally, IHT Wealth Management LLC lifted its holdings in shares of 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 acquiring an additional 3,923 shares during the last quarter. Institutional investors and hedge funds own 61.58% of the company’s stock.

Walt Disney Co (DIS) opened at $101.35 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. The company has a market cap of $153,070.00, a PE ratio of 14.40, a price-to-earnings-growth ratio of 1.85 and a beta of 1.30. Walt Disney Co has a 12-month low of $96.20 and a 12-month high of $116.10.

Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.28. The business had revenue of $15.35 billion for the quarter, compared to the consensus estimate of $15.47 billion. Walt Disney had a net margin of 19.61% and a return on equity of 20.55%. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.55 EPS. equities research analysts expect that Walt Disney Co will post 6.46 earnings per share for the current fiscal year.

The firm also recently announced a Semi-Annual dividend, which was paid on Thursday, January 11th. Shareholders of record on Monday, December 11th were given a dividend of $0.84 per share. The ex-dividend date was Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is 23.86%.

Several research firms have recently issued reports on DIS. Piper Jaffray Companies set a $130.00 target price on shares of Walt Disney and gave the stock a “buy” rating in a report on Tuesday, October 31st. JPMorgan Chase & Co. set a $125.00 target price on shares of Walt Disney and gave the stock a “buy” rating in a report on Friday, November 10th. Rosenblatt Securities upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and raised their target price for the stock from $115.00 to $130.00 in a report on Wednesday, January 3rd. Zacks Investment Research downgraded shares of Walt Disney from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. Finally, Vetr downgraded shares of Walt Disney from a “buy” rating to a “hold” rating and set a $106.77 price target on the stock. in a research note on Monday, November 13th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $119.13.

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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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