Jacobi Capital Management LLC Acquires 608 Shares of Walt Disney Co (DIS)

Jacobi Capital Management LLC lifted its holdings in Walt Disney Co (NYSE:DIS) by 7.2% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 9,093 shares of the entertainment giant’s stock after acquiring an additional 608 shares during the quarter. Jacobi Capital Management LLC’s holdings in Walt Disney were worth $905,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in DIS. Amalgamated Bank raised its holdings in Walt Disney by 49.8% during the 2nd quarter. Amalgamated Bank now owns 180,632 shares of the entertainment giant’s stock valued at $19,192,000 after buying an additional 60,088 shares during the last quarter. Tdam USA Inc. raised its holdings in Walt Disney by 4.1% during the 2nd quarter. Tdam USA Inc. now owns 195,498 shares of the entertainment giant’s stock valued at $20,666,000 after buying an additional 7,785 shares during the last quarter. Walter & Keenan Financial Consulting Co. MI ADV raised its holdings in Walt Disney by 7.9% during the 2nd quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 24,719 shares of the entertainment giant’s stock valued at $2,626,000 after buying an additional 1,800 shares during the last quarter. Connecticut Wealth Management LLC raised its holdings in Walt Disney by 1.4% during the 2nd quarter. Connecticut Wealth Management LLC now owns 3,038 shares of the entertainment giant’s stock valued at $315,000 after buying an additional 42 shares during the last quarter. Finally, Riverpark Capital Management LLC raised its holdings in Walt Disney by 15.2% during the 2nd quarter. Riverpark Capital Management LLC now owns 301,225 shares of the entertainment giant’s stock valued at $32,005,000 after buying an additional 39,822 shares during the last quarter. Hedge funds and other institutional investors own 61.52% of the company’s stock.

A number of equities research analysts recently commented on DIS shares. Goldman Sachs Group upped their price target on shares of Walt Disney from $115.00 to $120.00 and gave the company a “buy” rating in a report on Friday, November 10th. Macquarie raised shares of Walt Disney from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $112.00 to $125.00 in a research report on Tuesday, January 2nd. Loop Capital reissued a “buy” rating and set a $106.00 price objective on shares of Walt Disney in a research report on Monday, December 11th. Zacks Investment Research raised shares of Walt Disney from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Finally, Pivotal Research boosted their price objective on shares of Walt Disney from $83.00 to $91.00 and gave the company a “sell” rating in a research report on Thursday, December 14th. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. Walt Disney presently has a consensus rating of “Hold” and a consensus target price of $116.07.

Shares of Walt Disney Co (NYSE DIS) opened at $112.47 on Friday. The firm has a market cap of $169,860.00, a PE ratio of 19.80, a PEG ratio of 2.38 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74. Walt Disney Co has a 1 year low of $96.20 and a 1 year high of $116.10.

Walt Disney (NYSE:DIS) last released its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). The business had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. Walt Disney had a return on equity of 16.71% and a net margin of 14.59%. The firm’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.10 earnings per share. research analysts anticipate that Walt Disney Co will post 6.23 earnings per share for the current fiscal year.

The firm also recently announced a Semi-Annual dividend, which was paid on Thursday, January 11th. Stockholders 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 dividend payout ratio is presently 29.58%.

ILLEGAL ACTIVITY NOTICE: “Jacobi Capital Management LLC Acquires 608 Shares of Walt Disney Co (DIS)” was originally reported by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this news story on another site, it was illegally copied and republished in violation of international copyright law. The legal version of this news story can be viewed at https://www.chaffeybreeze.com/2018/01/13/jacobi-capital-management-llc-acquires-608-shares-of-walt-disney-co-dis.html.

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.

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

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.

Latest News

Leave a Reply