Walt Disney Co (DIS) Shares Sold by Train Babcock Advisors LLC

Train Babcock Advisors LLC lowered its holdings in shares of Walt Disney Co (NYSE:DIS) by 14.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,474 shares of the entertainment giant’s stock after selling 758 shares during the quarter. Train Babcock Advisors LLC’s holdings in Walt Disney were worth $440,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Vantage Financial Partners Ltd. Inc. purchased a new position in Walt Disney during the 2nd quarter valued at approximately $925,000. Lee Financial Co grew its holdings in Walt Disney by 7.6% during the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after buying an additional 74 shares in the last quarter. Legacy Advisors LLC purchased a new position in Walt Disney during the 3rd quarter valued at approximately $137,000. Krilogy Financial LLC grew its holdings in Walt Disney by 13.2% during the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after buying an additional 166 shares in the last quarter. Finally, BDO Wealth Advisors LLC purchased a new position in Walt Disney during the 2nd quarter valued at approximately $153,000. Hedge funds and other institutional investors own 61.52% of the company’s stock.

Shares of Walt Disney Co (NYSE:DIS) opened at $110.99 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $167,630.00, a P/E ratio of 19.54, a P/E/G ratio of 2.38 and a beta of 1.38. Walt Disney Co has a one year low of $96.20 and a one year high of $116.10.

Walt Disney (NYSE:DIS) last issued its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). The firm had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. Walt Disney had a net margin of 14.59% and a return on equity of 16.71%. The company’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same period last year, the firm earned $1.10 earnings per share. analysts anticipate that Walt Disney Co will post 6.23 earnings per share for the current fiscal year.

The company also recently announced a Semi-Annual dividend, which was paid on Thursday, January 11th. Shareholders of record on Monday, December 11th were given a dividend of $0.84 per share. The ex-dividend date was Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is presently 29.58%.

Several research firms have weighed in on DIS. B. Riley restated a “neutral” rating on shares of Walt Disney in a report on Wednesday, November 1st. Pivotal Research restated a “sell” rating and set a $93.00 price target (up previously from $91.00) on shares of Walt Disney in a report on Tuesday. Zacks Investment Research cut Walt Disney from a “hold” rating to a “sell” rating in a report on Tuesday. Bank of America restated a “buy” rating and set a $144.00 price target (up previously from $130.00) on shares of Walt Disney in a report on Wednesday. Finally, Jefferies Group restated a “hold” rating and set a $103.77 price target (up previously from $102.68) on shares of Walt Disney in a report on Friday, November 10th. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $115.77.

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About Walt Disney

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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

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