Autumn Glory Partners LLC Reduces Stock Holdings in The Walt Disney Company $DIS

Autumn Glory Partners LLC lessened its stake in The Walt Disney Company (NYSE:DIS) by 18.1% in the third quarter, Holdings Channel reports. The fund owned 25,924 shares of the entertainment giant’s stock after selling 5,745 shares during the quarter. Walt Disney makes up about 1.2% of Autumn Glory Partners LLC’s holdings, making the stock its 19th biggest holding. Autumn Glory Partners LLC’s holdings in Walt Disney were worth $2,968,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of DIS. Kondo Wealth Advisors Inc. boosted its stake in shares of Walt Disney by 1.2% in the second quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant’s stock valued at $904,000 after purchasing an additional 84 shares during the period. Cornerstone Advisory LLC lifted its holdings in Walt Disney by 1.5% in the 2nd quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant’s stock worth $730,000 after buying an additional 86 shares in the last quarter. Physician Wealth Advisors Inc. boosted its position in Walt Disney by 3.5% in the 2nd quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock valued at $323,000 after buying an additional 87 shares during the last quarter. Childress Capital Advisors LLC boosted its position in Walt Disney by 3.3% in the 2nd quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock valued at $341,000 after buying an additional 87 shares during the last quarter. Finally, Apollon Financial LLC grew its stake in shares of Walt Disney by 1.5% during the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock valued at $755,000 after acquiring an additional 87 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Up 2.0%

Shares of NYSE DIS opened at $114.10 on Tuesday. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.31. The stock’s 50 day moving average price is $109.62 and its two-hundred day moving average price is $114.29. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The stock has a market capitalization of $203.71 billion, a P/E ratio of 16.63, a PEG ratio of 1.54 and a beta of 1.44.

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, beating analysts’ consensus estimates of $1.03 by $0.08. The business had revenue of $22.46 billion during the quarter, compared to the consensus estimate of $22.78 billion. Walt Disney had a return on equity of 9.37% and a net margin of 13.14%.The business’s quarterly revenue was down .5% on a year-over-year basis. During the same period in the previous year, the business earned $1.14 EPS. On average, analysts anticipate 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 announced a dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.75 per share. This represents a dividend yield of 139.0%. The ex-dividend date of this dividend is Tuesday, June 30th. Walt Disney’s dividend payout ratio is 21.87%.

Analysts Set New Price Targets

DIS has been the topic of several recent analyst reports. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walt Disney in a research note on Wednesday, November 12th. Weiss Ratings restated a “buy (b-)” rating on shares of Walt Disney in a report on Monday, December 29th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $141.00 target price on shares of Walt Disney in a research report on Friday, October 17th. Raymond James Financial reiterated a “market perform” rating on shares of Walt Disney in a research note on Friday, November 14th. Finally, Cowen reissued a “hold” rating on shares of Walt Disney in a research report on Friday, November 14th. Nineteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average target price of $135.94.

About Walt Disney

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.