Brave Asset Management Inc. raised its stake in shares of Walt Disney Co (NYSE:DIS) by 21.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,399 shares of the entertainment giant’s stock after buying an additional 3,809 shares during the quarter. Walt Disney comprises 1.1% of Brave Asset Management Inc.’s portfolio, making the stock its 25th largest holding. Brave Asset Management Inc.’s holdings in Walt Disney were worth $2,109,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of DIS. Janus Henderson Group PLC grew its holdings in Walt Disney by 929.6% during the 2nd quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock valued at $574,907,000 after buying an additional 4,885,398 shares in the last quarter. AJO LP grew its holdings in Walt Disney by 12,331.6% during the 2nd quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock valued at $350,661,000 after buying an additional 3,273,787 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Walt Disney by 2.2% during the 2nd quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock valued at $10,497,824,000 after acquiring an additional 2,131,932 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Walt Disney by 247.9% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock valued at $280,999,000 after acquiring an additional 1,884,600 shares during the last quarter. Finally, Nordea Investment Management AB boosted its position in shares of Walt Disney by 48.7% during the 2nd quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock valued at $564,561,000 after acquiring an additional 1,740,128 shares during the last quarter. 61.58% of the stock is owned by institutional investors and hedge funds.

Shares of Walt Disney Co (NYSE:DIS) opened at $103.09 on Friday. The firm has a market capitalization of $158,370.00, a P/E ratio of 14.64, a P/E/G ratio of 1.80 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. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.87 and a quick ratio of 0.74.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.61 by $0.28. Walt Disney had a return on equity of 20.44% and a net margin of 19.61%. The firm had revenue of $15.35 billion during the quarter, compared to the consensus estimate of $15.47 billion. During the same quarter in the previous year, the company posted $1.55 earnings per share. The business’s revenue was up 3.8% on a year-over-year basis. analysts expect that Walt Disney Co will post 6.55 earnings per share for the current fiscal year.

The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, January 11th. Shareholders of record on Monday, December 11th were given a $0.84 dividend. The ex-dividend date of this dividend was Friday, December 8th. Walt Disney’s payout ratio is currently 23.86%.

A number of brokerages have recently issued reports on DIS. Piper Jaffray Companies set a $130.00 price target on Walt Disney and gave the company a “buy” rating in a research report on Tuesday, October 31st. JPMorgan Chase & Co. set a $125.00 price target on Walt Disney and gave the company a “buy” rating in a research report on Friday, November 10th. Rosenblatt Securities upgraded Walt Disney from a “neutral” rating to a “buy” rating and lifted their price target for the company from $115.00 to $130.00 in a research report on Wednesday, January 3rd. Zacks Investment Research downgraded Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Finally, Vetr downgraded Walt Disney from a “buy” rating to a “hold” rating and set a $106.77 price target for the company. in a research report on Monday, November 13th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company. Walt Disney presently has a consensus rating of “Buy” and an average target price of $118.63.

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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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