Annandale Capital LLC Trims Stock Holdings in The Walt Disney Company $DIS

Annandale Capital LLC reduced its holdings in shares of The Walt Disney Company (NYSE:DIS) by 96.5% in the second quarter, according to its most recent filing with the SEC. The fund owned 1,739 shares of the entertainment giant’s stock after selling 47,958 shares during the period. Annandale Capital LLC’s holdings in Walt Disney were worth $216,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of DIS. Brighton Jones LLC increased its stake in Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after buying an additional 1,904 shares during the period. Intrust Bank NA grew its stake in Walt Disney by 11.9% in the 1st quarter. Intrust Bank NA now owns 11,276 shares of the entertainment giant’s stock worth $1,113,000 after acquiring an additional 1,202 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Walt Disney by 17.3% during the first quarter. Goldman Sachs Group Inc. now owns 8,993,968 shares of the entertainment giant’s stock worth $887,705,000 after acquiring an additional 1,324,256 shares during the period. WealthShield Partners LLC increased its position in shares of Walt Disney by 7.2% during the first quarter. WealthShield Partners LLC now owns 2,038 shares of the entertainment giant’s stock worth $201,000 after acquiring an additional 136 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Walt Disney by 1.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 10,871,341 shares of the entertainment giant’s stock valued at $1,073,001,000 after acquiring an additional 109,197 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of DIS stock opened at $105.49 on Friday. The stock’s 50-day moving average is $109.81 and its 200 day moving average is $114.69. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.71 and a quick ratio of 0.65. The company has a market cap of $188.33 billion, a P/E ratio of 15.38, a PEG ratio of 1.46 and a beta of 1.49.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, beating the consensus estimate of $1.03 by $0.08. Walt Disney had a net margin of 13.14% and a return on equity of 9.37%. The business had revenue of $22.46 billion during the quarter, compared to analyst estimates of $22.78 billion. During the same period in the prior year, the firm posted $1.14 earnings per share. The company’s quarterly revenue was down .5% on a year-over-year basis. Research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be issued a $0.75 dividend. This represents a yield of 139.0%. The ex-dividend date of this dividend is Tuesday, June 30th. Walt Disney’s payout ratio is currently 14.58%.

Analyst Ratings Changes

Several research analysts recently issued reports on DIS shares. Wall Street Zen cut Walt Disney from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Stephens reissued a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Raymond James Financial restated a “market perform” rating on shares of Walt Disney in a report on Friday, November 14th. Arete Research raised shares of Walt Disney to a “strong sell” rating in a research note on Tuesday, October 28th. Finally, UBS Group reissued a “buy” rating and set a $138.00 target price on shares of Walt Disney in a research report on Friday, November 14th. Eighteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.