Bienville Capital Management LLC lifted its stake in shares of Walt Disney Co (NYSE:DIS) by 3.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,845 shares of the entertainment giant’s stock after acquiring an additional 355 shares during the quarter. Bienville Capital Management LLC’s holdings in Walt Disney were worth $1,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently modified their holdings of the company. Lee Financial Co raised its stake in shares of Walt Disney by 7.6% during the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after purchasing an additional 74 shares during the period. Sumitomo Mitsui Financial Group Inc. acquired a new stake in shares of Walt Disney in the 1st quarter valued at $144,000. BDO Wealth Advisors LLC acquired a new stake in shares of Walt Disney in the 2nd quarter valued at $153,000. Allegis Investment Advisors LLC acquired a new stake in shares of Walt Disney in the 2nd quarter valued at $206,000. Finally, Atwood & Palmer Inc. raised its holdings in shares of Walt Disney by 1.3% in the 2nd quarter. Atwood & Palmer Inc. now owns 1,987 shares of the entertainment giant’s stock valued at $211,000 after purchasing an additional 25 shares in the last quarter. Institutional investors own 61.51% of the company’s stock.
Shares of Walt Disney Co (NYSE DIS) traded down $1.76 during trading on Thursday, reaching $105.46. 8,121,600 shares of the company’s stock traded hands, compared to its average volume of 7,259,450. Walt Disney Co has a 52 week low of $96.20 and a 52 week high of $116.10. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74. The stock has a market cap of $161,935.64, a P/E ratio of 18.81, a P/E/G ratio of 2.28 and a beta of 1.38.
Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The business had revenue of $12.78 billion for the quarter, compared to analysts’ expectations of $13.30 billion. During the same period in the previous year, the business posted $1.10 earnings per share. The company’s revenue for the quarter was down 2.8% on a year-over-year basis. sell-side analysts anticipate that Walt Disney Co will post 6.24 earnings per share for the current year.
The firm 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 currently 27.42%.
A number of brokerages have recently weighed in on DIS. BMO Capital Markets restated an “underperform” rating and issued a $90.00 price objective (down from $95.00) on shares of Walt Disney in a report on Thursday, August 10th. FBR & Co restated a “hold” rating and issued a $97.00 price objective on shares of Walt Disney in a report on Friday, September 8th. B. Riley restated a “neutral” rating on shares of Walt Disney in a report on Wednesday, November 1st. Cowen restated a “hold” rating and issued a $95.00 price objective on shares of Walt Disney in a report on Thursday, August 10th. Finally, BidaskClub lowered shares of Walt Disney from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Three investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and sixteen have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $112.34.
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.
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