Lafayette Investments Inc. cut its holdings in shares of Walt Disney Co (NYSE:DIS) by 9.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 49,993 shares of the entertainment giant’s stock after selling 5,062 shares during the quarter. Walt Disney comprises approximately 1.8% of Lafayette Investments Inc.’s portfolio, making the stock its 24th biggest holding. Lafayette Investments Inc.’s holdings in Walt Disney were worth $4,928,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Legacy Advisors LLC acquired a new stake in Walt Disney during the third quarter worth about $137,000. Malaga Cove Capital LLC acquired a new stake in Walt Disney during the third quarter worth about $140,000. Krilogy Financial LLC increased its stake in Walt Disney by 13.2% during the second 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. IHT Wealth Management LLC increased its stake in Walt Disney by 34.3% during the second 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. Finally, BDO Wealth Advisors LLC acquired a new stake in Walt Disney during the second quarter worth about $153,000. Hedge funds and other institutional investors own 61.58% of the company’s stock.

Shares of Walt Disney Co (NYSE:DIS) opened at $103.09 on Friday. Walt Disney Co has a 12 month low of $96.20 and a 12 month high of $116.10. The company has a current ratio of 0.87, a quick ratio of 0.74 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $152,397.56, a P/E ratio of 14.62, a price-to-earnings-growth ratio of 1.77 and a beta of 1.30.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $15.47 billion. During the same quarter last year, the firm earned $1.55 EPS. Walt Disney’s quarterly revenue was up 3.8% on a year-over-year basis. equities research analysts forecast that Walt Disney Co will post 6.77 earnings per share for the current year.

The firm also recently disclosed a Semi-Annual dividend, which was paid on Thursday, January 11th. Shareholders of record on Monday, December 11th were paid a dividend of $0.84 per share. The ex-dividend date was Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is presently 23.83%.

Several equities research analysts have commented on the company. B. Riley restated a “neutral” rating on shares of Walt Disney in a research note on Wednesday, November 1st. Vetr upgraded Walt Disney from a “buy” rating to a “strong-buy” rating and set a $115.49 price target for the company in a research note on Monday. Jefferies Group restated a “hold” rating and set a $112.00 price target on shares of Walt Disney in a research note on Wednesday. Cowen restated a “hold” rating and set a $102.00 price target on shares of Walt Disney in a research note on Monday, February 5th. Finally, Pivotal Research restated a “sell” rating and set a $94.00 price target on shares of Walt Disney in a research note on Wednesday. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus 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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