Corient Private Wealth LLC Has $164.07 Million Stake in The Walt Disney Company $DIS

Corient Private Wealth LLC lowered its holdings in The Walt Disney Company (NYSE:DIS) by 13.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,323,043 shares of the entertainment giant’s stock after selling 202,348 shares during the quarter. Corient Private Wealth LLC’s holdings in Walt Disney were worth $164,071,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Walt Disney in the 2nd quarter valued at approximately $4,220,599,000. Wedge Capital Management L L P NC increased its stake in Walt Disney by 8,744.0% in the second quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant’s stock valued at $39,724,000 after purchasing an additional 316,707 shares in the last quarter. Lodge Hill Capital LLC bought a new stake in Walt Disney in the first quarter valued at approximately $24,373,000. Border to Coast Pensions Partnership Ltd raised its holdings in Walt Disney by 13.6% in the second quarter. Border to Coast Pensions Partnership Ltd now owns 502,961 shares of the entertainment giant’s stock worth $62,372,000 after purchasing an additional 60,353 shares during the period. Finally, Chapin Davis Inc. boosted its position in shares of Walt Disney by 10.4% during the second quarter. Chapin Davis Inc. now owns 30,117 shares of the entertainment giant’s stock worth $3,735,000 after purchasing an additional 2,828 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on DIS. Rosenblatt Securities reaffirmed a “buy” rating and set a $141.00 price objective on shares of Walt Disney in a research note on Friday, October 17th. Wells Fargo & Company dropped their price target on Walt Disney from $159.00 to $152.00 and set an “overweight” rating on the stock in a research report on Friday, November 14th. Citigroup reiterated a “positive” rating on shares of Walt Disney in a report on Friday, November 14th. Guggenheim restated a “buy” rating and set a $140.00 target price on shares of Walt Disney in a report on Friday, November 14th. Finally, Cowen reaffirmed a “hold” rating on shares of Walt Disney in a research note on Friday, November 14th. Eighteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $134.41.

Walt Disney Stock Up 0.1%

Shares of Walt Disney stock opened at $111.52 on Monday. The firm has a market cap of $199.10 billion, a PE ratio of 16.26, a P/E/G ratio of 1.54 and a beta of 1.49. The business’s 50 day simple moving average is $109.24 and its 200 day simple moving average is $114.63. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.65 and a current ratio of 0.71. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69.

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

Walt Disney Dividend Announcement

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

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.