HL Financial Services LLC Sells 5,505 Shares of Walt Disney Co (DIS)

HL Financial Services LLC trimmed its holdings in shares of Walt Disney Co (NYSE:DIS) by 0.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,692,626 shares of the entertainment giant’s stock after selling 5,505 shares during the quarter. Walt Disney comprises approximately 3.2% of HL Financial Services LLC’s holdings, making the stock its 6th largest holding. HL Financial Services LLC’s holdings in Walt Disney were worth $166,842,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in DIS. Lee Financial Co lifted its stake in shares of Walt Disney by 7.6% in the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after purchasing an additional 74 shares during the period. Legacy Advisors LLC acquired a new position in shares of Walt Disney in the 3rd quarter valued at $137,000. Krilogy Financial LLC lifted its stake in shares of Walt Disney by 13.2% in the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after purchasing an additional 166 shares during the period. IHT Wealth Management LLC lifted its stake in shares of Walt Disney by 34.3% in the 2nd quarter. IHT Wealth Management LLC now owns 15,377 shares of the entertainment giant’s stock valued at $152,000 after purchasing an additional 3,923 shares during the period. Finally, BDO Wealth Advisors LLC acquired a new position in shares of Walt Disney in the 2nd quarter valued at $153,000. Institutional investors and hedge funds own 61.55% of the company’s stock.

Several equities analysts recently issued reports on the stock. Vetr upgraded shares of Walt Disney from a “hold” rating to a “buy” rating and set a $115.53 target price for the company in a research note on Tuesday. Bank of America restated a “buy” rating and set a $144.00 price objective (up from $130.00) on shares of Walt Disney in a research report on Wednesday, January 10th. Zacks Investment Research cut shares of Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Pivotal Research restated a “sell” rating and set a $93.00 price objective (up from $91.00) on shares of Walt Disney in a research report on Tuesday, January 9th. Finally, Rosenblatt Securities upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $115.00 to $130.00 in a research report on Wednesday, January 3rd. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $116.15.

Shares of Walt Disney Co (NYSE DIS) opened at $110.69 on Wednesday. Walt Disney Co has a 1-year low of $96.20 and a 1-year high of $116.10. The stock has a market cap of $167,180.00, a price-to-earnings ratio of 19.49, a PEG ratio of 2.01 and a beta of 1.38. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42.

Walt Disney (NYSE:DIS) last released its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The business had revenue of $12.78 billion for the quarter, compared to analysts’ expectations of $13.30 billion. During the same period in the previous year, the company earned $1.10 EPS. Walt Disney’s quarterly revenue was down 2.8% compared to the same quarter last year. equities research analysts forecast that Walt Disney Co will post 6.31 EPS for the current fiscal year.

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

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Walt Disney Company Profile

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.

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

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