Rothschild & Co. Asset Management US Inc. Lowers Stock Position in Walt Disney Co (NYSE:DIS)

Rothschild & Co. Asset Management US Inc. lowered its position in shares of Walt Disney Co (NYSE:DIS) by 1.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 374,849 shares of the entertainment giant’s stock after selling 3,998 shares during the quarter. Rothschild & Co. Asset Management US Inc.’s holdings in Walt Disney were worth $52,344,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. increased its holdings in shares of Walt Disney by 6.5% during the fourth quarter. BlackRock Inc. now owns 92,790,946 shares of the entertainment giant’s stock valued at $10,174,527,000 after acquiring an additional 5,639,712 shares in the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of Walt Disney by 14,778.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 53,195,820 shares of the entertainment giant’s stock valued at $485,000 after acquiring an additional 52,838,274 shares in the last quarter. FMR LLC increased its holdings in shares of Walt Disney by 37.2% during the first quarter. FMR LLC now owns 33,901,641 shares of the entertainment giant’s stock valued at $3,764,098,000 after acquiring an additional 9,190,235 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Walt Disney by 4.5% during the fourth quarter. Northern Trust Corp now owns 21,001,994 shares of the entertainment giant’s stock valued at $2,302,868,000 after acquiring an additional 896,051 shares in the last quarter. Finally, Clearbridge Investments LLC increased its holdings in shares of Walt Disney by 10.5% during the first quarter. Clearbridge Investments LLC now owns 10,855,844 shares of the entertainment giant’s stock valued at $1,205,324,000 after acquiring an additional 1,031,035 shares in the last quarter. 64.09% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently weighed in on the company. UBS Group raised their price target on Walt Disney from $128.00 to $165.00 and gave the company a “buy” rating in a report on Monday, May 6th. Imperial Capital raised their price target on Walt Disney from $139.00 to $147.00 and gave the company an “outperform” rating in a report on Tuesday, May 7th. Moffett Nathanson set a $150.00 price objective on Walt Disney and gave the stock a “buy” rating in a report on Wednesday. BTIG Research upgraded Walt Disney from a “sell” rating to a “neutral” rating in a report on Monday, April 15th. Finally, ValuEngine upgraded Walt Disney from a “hold” rating to a “buy” rating in a report on Saturday, April 13th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and twenty have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $148.61.

In other Walt Disney news, EVP Zenia B. Mucha sold 49,561 shares of the business’s stock in a transaction dated Wednesday, June 19th. The stock was sold at an average price of $140.00, for a total transaction of $6,938,540.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Brent Woodford sold 2,200 shares of the business’s stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $138.23, for a total value of $304,106.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 158,423 shares of company stock valued at $22,284,125. Corporate insiders own 0.36% of the company’s stock.

NYSE DIS traded up $0.63 during trading hours on Friday, hitting $138.52. The company’s stock had a trading volume of 8,504,811 shares, compared to its average volume of 9,404,546. Walt Disney Co has a 12 month low of $100.35 and a 12 month high of $147.15. The stock has a 50 day moving average price of $141.69. The company has a market capitalization of $242.71 billion, a P/E ratio of 19.56, a P/E/G ratio of 4.07 and a beta of 0.96. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.74 and a current ratio of 0.70.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, August 6th. The entertainment giant reported $1.35 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.76 by ($0.41). The firm had revenue of $20.25 billion for the quarter, compared to the consensus estimate of $21.40 billion. Walt Disney had a net margin of 19.02% and a return on equity of 13.08%. The company’s revenue for the quarter was up 32.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.87 earnings per share. On average, equities analysts predict that Walt Disney Co will post 6.35 EPS for the current year.

The company also recently declared a Semi-Annual dividend, which was paid on Thursday, July 25th. Shareholders of record on Monday, July 8th were paid a dividend of $0.88 per share. The ex-dividend date was Friday, July 5th. Walt Disney’s dividend payout ratio is currently 24.86%.

About Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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

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