Greatmark Investment Partners Inc. Purchases Shares of 2,251 Walt Disney Co (DIS)

Greatmark Investment Partners Inc. purchased a new stake in Walt Disney Co (NYSE:DIS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,251 shares of the entertainment giant’s stock, valued at approximately $222,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DIS. Janus Henderson Group PLC lifted its holdings in Walt Disney by 929.6% in the 2nd quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock worth $574,907,000 after purchasing an additional 4,885,398 shares during the last quarter. AJO LP lifted its holdings in Walt Disney by 12,331.6% in the 2nd quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock worth $350,661,000 after purchasing an additional 3,273,787 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Walt Disney by 2.2% in the 2nd quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock worth $10,497,824,000 after purchasing an additional 2,131,932 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Walt Disney by 247.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock worth $280,999,000 after purchasing an additional 1,884,600 shares during the last quarter. Finally, Nordea Investment Management AB lifted its holdings in Walt Disney by 48.7% in the 2nd quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock worth $564,561,000 after purchasing an additional 1,740,128 shares during the last quarter. 61.52% of the stock is owned by institutional investors and hedge funds.

DIS has been the subject of several analyst reports. Jefferies Group restated a “hold” rating and issued a $103.00 target price (down from $110.00) on shares of Walt Disney in a report on Friday, October 6th. Pivotal Research boosted their target price on Walt Disney from $83.00 to $91.00 and gave the stock a “sell” rating in a report on Thursday, December 14th. BTIG Research restated a “sell” rating on shares of Walt Disney in a report on Monday, September 25th. Morgan Stanley reduced their target price on Walt Disney from $130.00 to $120.00 and set an “overweight” rating for the company in a report on Tuesday, October 31st. Finally, Piper Jaffray Companies restated a “buy” rating and issued a $120.00 target price on shares of Walt Disney in a report on Wednesday, November 22nd. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. Walt Disney currently has a consensus rating of “Hold” and an average price target of $116.07.

Walt Disney Co (NYSE DIS) opened at $112.47 on Friday. Walt Disney Co has a 1-year low of $96.20 and a 1-year high of $116.10. The company has a market capitalization of $169,860.00, a P/E ratio of 19.80, a PEG ratio of 1.98 and a beta of 1.38. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). The firm had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The business’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.10 earnings per share. equities research analysts anticipate that Walt Disney Co will post 6.31 EPS for the current year.

The company also recently disclosed a Semi-Annual dividend, which was paid on Thursday, January 11th. Stockholders of record on Monday, December 11th were given a dividend of $0.84 per share. The ex-dividend date was Friday, December 8th. Walt Disney’s dividend payout ratio is presently 29.58%.

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

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