Triodos Investment Management BV lessened its stake in shares of Walt Disney Co (NYSE:DIS) by 6.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 169,500 shares of the entertainment giant’s stock after selling 11,800 shares during the quarter. Walt Disney accounts for about 5.6% of Triodos Investment Management BV’s holdings, making the stock its 5th biggest holding. Triodos Investment Management BV’s holdings in Walt Disney were worth $22,089,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
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A number of other hedge funds also recently made changes to their positions in the business. Neville Rodie & Shaw Inc. boosted its stake in Walt Disney by 3.6% during the 2nd quarter. Neville Rodie & Shaw Inc. now owns 105,566 shares of the entertainment giant’s stock worth $14,741,000 after purchasing an additional 3,669 shares during the period. Bath Savings Trust Co lifted its stake in shares of Walt Disney by 1.7% in the 2nd quarter. Bath Savings Trust Co now owns 85,792 shares of the entertainment giant’s stock worth $11,980,000 after acquiring an additional 1,456 shares during the period. Thomasville National Bank lifted its stake in shares of Walt Disney by 1.4% in the 2nd quarter. Thomasville National Bank now owns 162,075 shares of the entertainment giant’s stock worth $22,632,000 after acquiring an additional 2,276 shares during the period. Private Trust Co. NA lifted its stake in shares of Walt Disney by 3.6% in the 2nd quarter. Private Trust Co. NA now owns 22,398 shares of the entertainment giant’s stock worth $3,127,000 after acquiring an additional 783 shares during the period. Finally, Baystate Wealth Management LLC lifted its stake in shares of Walt Disney by 2.7% in the second quarter. Baystate Wealth Management LLC now owns 5,414 shares of the entertainment giant’s stock valued at $767,000 after purchasing an additional 142 shares during the period. 68.42% of the stock is owned by institutional investors.
DIS stock traded up $5.00 during midday trading on Friday, reaching $137.96. 23,891,567 shares of the company’s stock traded hands, compared to its average volume of 7,565,782. The company has a market capitalization of $248.52 billion, a P/E ratio of 19.49, a PEG ratio of 4.43 and a beta of 0.96. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.70 and a quick ratio of 0.67. Walt Disney Co has a fifty-two week low of $100.35 and a fifty-two week high of $147.15. The business has a 50-day moving average price of $131.00 and a two-hundred day moving average price of $136.12.
Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.12. The firm had revenue of $19.10 billion for the quarter, compared to analysts’ expectations of $19.02 billion. Walt Disney had a net margin of 19.02% and a return on equity of 13.08%. Walt Disney’s revenue was up 33.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.48 earnings per share. As a group, research analysts forecast that Walt Disney Co will post 5.74 earnings per share for the current fiscal year.
Several brokerages recently commented on DIS. Moffett Nathanson set a $150.00 price objective on shares of Walt Disney and gave the company a “buy” rating in a research note on Wednesday, August 7th. Morgan Stanley set a $160.00 price target on shares of Walt Disney and gave the stock a “buy” rating in a report on Friday, August 2nd. Wells Fargo & Co lowered their price target on shares of Walt Disney from $173.00 to $167.00 and set an “outperform” rating for the company in a report on Friday. Needham & Company LLC reissued a “hold” rating on shares of Walt Disney in a research report on Friday, September 27th. Finally, Imperial Capital decreased their target price on shares of Walt Disney from $140.00 to $139.00 and set an “in-line” rating on the stock in a research report on Thursday, September 19th. Six investment analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $150.47.
Walt Disney Profile
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.
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