Mediolanum International Funds Ltd Boosts Stock Holdings in The Walt Disney Company $DIS

Mediolanum International Funds Ltd boosted its stake in The Walt Disney Company (NYSE:DISFree Report) by 9.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 180,972 shares of the entertainment giant’s stock after purchasing an additional 15,885 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Walt Disney were worth $20,772,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in DIS. Kondo Wealth Advisors Inc. grew its holdings in Walt Disney by 1.2% during the 2nd quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant’s stock valued at $904,000 after buying an additional 84 shares in the last quarter. Cornerstone Advisory LLC boosted its position in shares of Walt Disney by 1.5% during the 2nd quarter. Cornerstone Advisory LLC now owns 5,890 shares of the entertainment giant’s stock valued at $730,000 after acquiring an additional 86 shares during the last quarter. Apollon Financial LLC grew its holdings in shares of Walt Disney by 1.5% in the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock valued at $755,000 after purchasing an additional 87 shares in the last quarter. Strategic Family Wealth Counselors L.L.C. increased its position in Walt Disney by 1.0% in the second quarter. Strategic Family Wealth Counselors L.L.C. now owns 8,586 shares of the entertainment giant’s stock worth $1,065,000 after purchasing an additional 87 shares during the last quarter. Finally, Baltimore Washington Financial Advisors Inc. raised its stake in Walt Disney by 1.3% during the second quarter. Baltimore Washington Financial Advisors Inc. now owns 6,957 shares of the entertainment giant’s stock valued at $863,000 after purchasing an additional 88 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

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Analyst Upgrades and Downgrades

DIS has been the subject of a number of recent research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Walt Disney in a research note on Monday, December 29th. Rosenblatt Securities reiterated a “buy” rating and issued a $141.00 price target on shares of Walt Disney in a research report on Friday, October 17th. Needham & Company LLC reissued a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research note on Thursday, November 13th. Arete Research raised Walt Disney to a “strong sell” rating in a research note on Tuesday, October 28th. Finally, Wells Fargo & Company cut their target price 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. Nineteen equities 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $135.20.

Get Our Latest Analysis on DIS

Walt Disney Stock Up 1.1%

Shares of NYSE:DIS opened at $112.83 on Friday. The firm has a market capitalization of $201.44 billion, a PE ratio of 16.45, a price-to-earnings-growth ratio of 1.56 and a beta of 1.44. The business has a 50 day simple moving average of $110.68 and a two-hundred day simple moving average of $113.17. 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 issued its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.08. Walt Disney had a return on equity of 9.37% and a net margin of 13.14%.The firm had revenue of $22.46 billion during the quarter, compared to analyst estimates of $22.78 billion. During the same period last year, the company earned $1.14 EPS. Walt Disney’s quarterly revenue was down .5% compared to the same quarter last year. On average, equities analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be paid 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 payout ratio is currently 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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