Lindsell Train Ltd raised its position in shares of Walt Disney Co (NYSE:DIS) by 17.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,962,229 shares of the entertainment giant’s stock after purchasing an additional 439,000 shares during the period. Walt Disney makes up approximately 9.8% of Lindsell Train Ltd’s holdings, making the stock its 4th largest holding. Lindsell Train Ltd owned approximately 0.19% of Walt Disney worth $291,987,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lee Financial Co increased its holdings in shares of Walt Disney by 7.6% in the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after buying an additional 74 shares during the period. Sumitomo Mitsui Financial Group Inc. purchased a new position in shares of Walt Disney in the first quarter worth about $144,000. Krilogy Financial LLC increased its holdings in shares of Walt Disney by 13.2% in the second quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock worth $151,000 after buying an additional 166 shares during the period. IHT Wealth Management LLC increased its holdings in shares of Walt Disney by 34.3% in the second quarter. IHT Wealth Management LLC now owns 15,377 shares of the entertainment giant’s stock worth $152,000 after buying an additional 3,923 shares during the period. Finally, BDO Wealth Advisors LLC purchased a new position in shares of Walt Disney in the second quarter worth about $153,000. Institutional investors and hedge funds own 61.51% of the company’s stock.
Shares of Walt Disney Co (NYSE:DIS) opened at $111.62 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $168,580.00, a PE ratio of 19.65, a P/E/G ratio of 2.39 and a beta of 1.38. Walt Disney Co has a 12 month low of $96.20 and a 12 month high of $116.10.
The company also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, January 11th. Shareholders of record on Monday, December 11th will be given a dividend of $0.84 per share. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s payout ratio is 29.58%.
Several research analysts have recently commented on the company. FBR & Co reiterated a “hold” rating and issued a $97.00 price objective on shares of Walt Disney in a report on Friday, September 8th. B. Riley reiterated a “neutral” rating on shares of Walt Disney in a report on Wednesday, November 1st. Jefferies Group reiterated a “hold” rating and issued a $103.77 price objective (up previously from $102.68) on shares of Walt Disney in a report on Friday, November 10th. Vetr downgraded Walt Disney from a “buy” rating to a “hold” rating and set a $113.39 price objective on the stock. in a report on Wednesday. Finally, Rosenblatt Securities reiterated a “hold” rating and issued a $110.00 price objective on shares of Walt Disney in a report on Thursday, September 28th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $114.91.
Walt Disney Company 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.
Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.