The Walt Disney Company $DIS Holdings Lifted by CFC Planning Co LLC

CFC Planning Co LLC lifted its position in shares of The Walt Disney Company (NYSE:DIS) by 4.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 45,793 shares of the entertainment giant’s stock after buying an additional 2,021 shares during the quarter. Walt Disney makes up 5.4% of CFC Planning Co LLC’s investment portfolio, making the stock its 3rd largest position. CFC Planning Co LLC’s holdings in Walt Disney were worth $5,679,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of DIS. Kingstone Capital Partners Texas LLC acquired a new position in Walt Disney in the 2nd quarter valued at $4,220,599,000. Nuveen LLC purchased a new stake in shares of Walt Disney in the first quarter valued at $1,353,607,000. Boston Partners increased its stake in Walt Disney by 83.7% in the second quarter. Boston Partners now owns 6,904,741 shares of the entertainment giant’s stock valued at $854,537,000 after purchasing an additional 3,146,450 shares during the last quarter. Diamond Hill Capital Management Inc. lifted its position in Walt Disney by 1,080.7% during the first quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock worth $277,993,000 after buying an additional 2,578,004 shares during the period. Finally, Vanguard Group Inc. boosted its stake in Walt Disney by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock worth $15,383,615,000 after buying an additional 2,446,087 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

NYSE:DIS opened at $102.77 on Friday. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The firm has a market capitalization of $183.48 billion, a price-to-earnings ratio of 16.11, a PEG ratio of 1.45 and a beta of 1.55. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The firm’s fifty day simple moving average is $111.79 and its 200 day simple moving average is $114.78.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.08. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $22.46 billion for the quarter, compared to analysts’ expectations of $22.78 billion. During the same quarter in the previous year, the firm posted $1.14 earnings per share. The firm’s quarterly revenue was down .5% on a year-over-year basis. As a group, equities research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Announces Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be given a $0.75 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a yield of 139.0%. Walt Disney’s dividend payout ratio (DPR) is 21.87%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on DIS shares. Raymond James Financial reaffirmed a “market perform” rating on shares of Walt Disney in a research note on Friday, November 14th. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. JPMorgan Chase & Co. lifted their price target on shares of Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a report on Tuesday, July 29th. Rosenblatt Securities restated a “buy” rating and set a $141.00 price objective on shares of Walt Disney in a report on Friday, October 17th. Finally, Morgan Stanley lifted their target price on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Eighteen equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $134.41.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.