The Walt Disney Company $DIS Stock Position Boosted by Jones Financial Companies Lllp

Jones Financial Companies Lllp raised its stake in shares of The Walt Disney Company (NYSE:DISFree Report) by 11.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 501,691 shares of the entertainment giant’s stock after buying an additional 52,515 shares during the period. Jones Financial Companies Lllp’s holdings in Walt Disney were worth $56,976,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Kondo Wealth Advisors Inc. grew its holdings in Walt Disney by 1.2% during the second quarter. Kondo Wealth Advisors Inc. now owns 7,317 shares of the entertainment giant’s stock worth $904,000 after acquiring an additional 84 shares during the period. 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 purchasing an additional 86 shares in the last quarter. Apollon Financial LLC boosted its position in shares of Walt Disney by 1.5% during the 2nd 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. grew its stake in shares of Walt Disney by 1.0% in the 2nd 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 holdings in shares of Walt Disney by 1.3% in the 2nd quarter. Baltimore Washington Financial Advisors Inc. now owns 6,957 shares of the entertainment giant’s stock worth $863,000 after purchasing an additional 88 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DIS. Phillip Securities upgraded shares of Walt Disney to a “moderate buy” rating in a report on Monday, January 12th. Barclays reissued an “overweight” rating on shares of Walt Disney in a research note on Monday. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Walt Disney in a research report on Wednesday, November 12th. Wells Fargo & Company reduced their target price on Walt Disney from $159.00 to $152.00 and set an “overweight” rating for the company in a report on Friday, November 14th. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Walt Disney in a research report on Friday, November 14th. Eighteen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $136.00.

View Our Latest Stock Analysis on Walt Disney

Walt Disney Stock Down 7.2%

Shares of Walt Disney stock opened at $104.68 on Tuesday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The company has a market cap of $186.88 billion, a P/E ratio of 15.26, a P/E/G ratio of 1.58 and a beta of 1.43. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.31. The stock has a 50-day moving average price of $110.74 and a 200 day moving average price of $113.00.

Walt Disney (NYSE:DISGet Free Report) last issued its earnings results on Monday, February 2nd. The entertainment giant reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.06. The company had revenue of $25.98 billion for the quarter, compared to the consensus estimate of $25.54 billion. Walt Disney had a return on equity of 9.37% and a net margin of 13.14%.The firm’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.40 EPS. As a group, analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Announces Dividend

The business also recently announced a dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a dividend yield of 139.0%. Walt Disney’s dividend payout ratio (DPR) is 21.87%.

Trending Headlines about Walt Disney

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Walt Disney 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.

Further Reading

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

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