Windward Capital Management Co. CA Trims Position in The Walt Disney Company $DIS

Windward Capital Management Co. CA trimmed its position in The Walt Disney Company (NYSE:DIS) by 0.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 161,871 shares of the entertainment giant’s stock after selling 1,175 shares during the quarter. Walt Disney makes up approximately 1.7% of Windward Capital Management Co. CA’s portfolio, making the stock its 22nd biggest holding. Windward Capital Management Co. CA’s holdings in Walt Disney were worth $20,074,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. J. Safra Sarasin Holding AG raised its position in shares of Walt Disney by 8.1% in the first quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant’s stock worth $21,983,000 after buying an additional 16,781 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in Walt Disney during the second quarter worth about $4,220,599,000. Wedge Capital Management L L P NC increased its stake in Walt Disney by 8,744.0% in the 2nd quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant’s stock worth $39,724,000 after acquiring an additional 316,707 shares during the last quarter. Lodge Hill Capital LLC bought a new position in Walt Disney in the 1st quarter worth about $24,373,000. Finally, Border to Coast Pensions Partnership Ltd raised its holdings in shares of Walt Disney by 13.6% in the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 502,961 shares of the entertainment giant’s stock valued at $62,372,000 after acquiring an additional 60,353 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on DIS shares. JPMorgan Chase & Co. upped their price objective on shares of Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Citigroup reissued a “positive” rating on shares of Walt Disney in a report on Friday, November 14th. Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a report on Thursday, November 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Walt Disney in a research report on Wednesday. Finally, Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Eighteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $134.41.

Walt Disney Stock Performance

NYSE DIS opened at $104.15 on Monday. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The company has a 50-day simple moving average of $111.56 and a two-hundred day simple moving average of $115.12. The firm has a market cap of $185.94 billion, a price-to-earnings ratio of 16.32, a PEG ratio of 1.45 and a beta of 1.55.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.08. The business had revenue of $22.46 billion for the quarter, compared to analyst estimates of $22.78 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.Walt Disney’s revenue for the quarter was down .5% compared to the same quarter last year. During the same period last year, the company earned $1.14 EPS. On average, equities analysts forecast that The Walt Disney Company will post 5.47 EPS for the current 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 is Tuesday, June 30th. This represents a dividend yield of 139.0%. Walt Disney’s payout ratio is presently 21.87%.

About Walt Disney

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.