Walt Disney Co (DIS) Holdings Lifted by St. James Investment Company LLC

St. James Investment Company LLC lifted its holdings in Walt Disney Co (NYSE:DIS) by 0.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 260,498 shares of the entertainment giant’s stock after acquiring an additional 1,306 shares during the quarter. Walt Disney accounts for 2.8% of St. James Investment Company LLC’s holdings, making the stock its 16th biggest position. St. James Investment Company LLC’s holdings in Walt Disney were worth $30,463,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Phocas Financial Corp. boosted its holdings in Walt Disney by 989,639.9% during the second quarter. Phocas Financial Corp. now owns 67,054,876 shares of the entertainment giant’s stock worth $703,000 after buying an additional 67,048,101 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Walt Disney by 22.2% during the second quarter. Dimensional Fund Advisors LP now owns 6,228,738 shares of the entertainment giant’s stock worth $652,841,000 after buying an additional 1,129,743 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in Walt Disney by 2.7% during the second quarter. Schwab Charles Investment Management Inc. now owns 5,966,257 shares of the entertainment giant’s stock worth $625,324,000 after buying an additional 159,265 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in Walt Disney by 5.4% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,979,316 shares of the entertainment giant’s stock worth $521,882,000 after buying an additional 254,293 shares in the last quarter. Finally, Swiss National Bank boosted its holdings in Walt Disney by 2.6% during the second quarter. Swiss National Bank now owns 4,971,428 shares of the entertainment giant’s stock worth $521,055,000 after buying an additional 125,900 shares in the last quarter. Hedge funds and other institutional investors own 62.99% of the company’s stock.

DIS opened at $115.74 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 0.32. The firm has a market cap of $171.93 billion, a price-to-earnings ratio of 16.35, a P/E/G ratio of 1.73 and a beta of 1.18. Walt Disney Co has a 52-week low of $97.68 and a 52-week high of $120.20.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Thursday, November 8th. The entertainment giant reported $1.48 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.31 by $0.17. The business had revenue of $14.30 billion for the quarter, compared to the consensus estimate of $13.76 billion. Walt Disney had a net margin of 21.20% and a return on equity of 21.43%. The company’s revenue was up 11.9% compared to the same quarter last year. During the same period last year, the firm posted $1.07 earnings per share. On average, research analysts anticipate that Walt Disney Co will post 7.07 earnings per share for the current fiscal year.

The business also recently disclosed a semiannual dividend, which will be paid on Thursday, January 10th. Shareholders of record on Monday, December 10th will be issued a dividend of $0.88 per share. This represents a yield of 1.51%. This is an increase from Walt Disney’s previous semiannual dividend of $0.84. The ex-dividend date is Friday, December 7th. Walt Disney’s dividend payout ratio (DPR) is presently 23.73%.

DIS has been the topic of a number of recent analyst reports. ValuEngine raised shares of Walt Disney from a “hold” rating to a “buy” rating in a report on Friday, October 19th. Royal Bank of Canada reissued a “buy” rating and set a $140.00 price target on shares of Walt Disney in a report on Wednesday, August 8th. Bank of America set a $144.00 price target on shares of Walt Disney and gave the stock a “buy” rating in a report on Wednesday, August 8th. B. Riley lowered their price target on shares of Walt Disney from $123.00 to $121.00 and set a “buy” rating on the stock in a report on Wednesday, August 8th. Finally, Loop Capital increased their price target on shares of Walt Disney to $130.00 and gave the stock a “buy” rating in a report on Friday, November 9th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $122.39.

In other Walt Disney news, EVP Mary Jayne Parker sold 29,192 shares of the stock in a transaction on Wednesday, October 3rd. The shares were sold at an average price of $117.99, for a total transaction of $3,444,364.08. Following the transaction, the executive vice president now directly owns 29,199 shares of the company’s stock, valued at $3,445,190.01. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Brent Woodford sold 961 shares of the stock in a transaction on Monday, October 1st. The shares were sold at an average price of $117.06, for a total transaction of $112,494.66. Following the transaction, the executive vice president now directly owns 25,737 shares in the company, valued at $3,012,773.22. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 77,886 shares of company stock worth $9,284,819. Insiders own 0.38% of the company’s stock.

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Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.

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

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