Cooke & Bieler LP Has $87.77 Million Stock Position in The Walt Disney Company $DIS

Cooke & Bieler LP lessened its stake in The Walt Disney Company (NYSE:DISFree Report) by 12.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 766,589 shares of the entertainment giant’s stock after selling 113,359 shares during the quarter. Cooke & Bieler LP’s holdings in Walt Disney were worth $87,774,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. DiNuzzo Private Wealth Inc. raised its position in shares of Walt Disney by 82.5% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock valued at $26,000 after buying an additional 94 shares in the last quarter. Copeland Capital Management LLC bought a new position in Walt Disney in the third quarter valued at approximately $25,000. Harbor Asset Planning Inc. acquired a new position in Walt Disney during the second quarter valued at approximately $37,000. Total Investment Management Inc. bought a new stake in Walt Disney during the second quarter worth $37,000. Finally, Howard Hughes Medical Institute bought a new stake in Walt Disney during the second quarter worth $48,000. Institutional investors own 65.71% of the company’s stock.

Key Walt Disney News

Here are the key news stories impacting Walt Disney this week:

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Raymond James Financial reiterated a “market perform” rating on shares of Walt Disney in a research note on Friday, November 14th. KeyCorp reissued a “sector weight” rating on shares of Walt Disney in a research note on Friday, November 14th. Rosenblatt Securities restated a “buy” rating and issued a $141.00 price target on shares of Walt Disney in a research note on Friday, October 17th. Guggenheim reaffirmed a “buy” rating and set a $140.00 price target on shares of Walt Disney in a report on Friday, November 14th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Thursday, November 13th. Nineteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $135.20.

Get Our Latest Report on DIS

Walt Disney Stock Performance

Walt Disney stock opened at $110.99 on Monday. The business has a 50 day moving average of $110.04 and a 200-day moving average of $113.43. The company has a market capitalization of $198.15 billion, a P/E ratio of 16.18, a P/E/G ratio of 1.55 and a beta of 1.44. 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.

Walt Disney (NYSE:DISGet Free Report) last posted its earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.08. Walt Disney had a net margin of 13.14% and a return on equity of 9.37%. The firm had revenue of $22.46 billion for the quarter, compared to analyst estimates of $22.78 billion. During the same period in the previous year, the firm posted $1.14 EPS. The company’s revenue for the quarter was down .5% compared to the same quarter last year. On average, equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be issued a $0.75 dividend. This represents a yield of 139.0%. The ex-dividend date is Tuesday, June 30th. Walt Disney’s dividend payout ratio is presently 21.87%.

Walt Disney Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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