Nationwide Fund Advisors trimmed its stake in shares of Walt Disney Co (NYSE:DIS) by 13.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 952,662 shares of the entertainment giant’s stock after selling 147,892 shares during the quarter. Nationwide Fund Advisors owned 0.06% of Walt Disney worth $93,904,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Lee Financial Co raised its stake in shares of Walt Disney by 7.6% during the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after buying an additional 74 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. acquired a new stake in shares of Walt Disney in the 1st quarter worth approximately $144,000. Krilogy Financial LLC grew its holdings 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 worth $151,000 after acquiring an additional 166 shares during the period. IHT Wealth Management LLC grew its holdings 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 worth $152,000 after acquiring an additional 3,923 shares during the period. Finally, BDO Wealth Advisors LLC acquired a new stake in shares of Walt Disney in the 2nd quarter worth approximately $153,000. 61.39% of the stock is owned by hedge funds and other institutional investors.

Shares of Walt Disney Co (NYSE DIS) opened at $108.67 on Monday. Walt Disney Co has a fifty-two week low of $96.20 and a fifty-two week high of $116.10. 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 $164,130.00, a price-to-earnings ratio of 19.13, a PEG ratio of 2.33 and a beta of 1.38.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the 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 analyst estimates of $13.30 billion. During the same quarter last year, the business earned $1.10 EPS. Walt Disney’s revenue for the quarter was down 2.8% compared to the same quarter last year. research analysts expect that Walt Disney Co will post 6.23 EPS for the current fiscal year.

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

A number of research firms recently weighed in on DIS. Piper Jaffray Companies set a $130.00 price target on Walt Disney and gave the stock a “buy” rating in a report on Tuesday, October 31st. JPMorgan Chase & Co. set a $125.00 price target on Walt Disney and gave the stock a “buy” rating in a report on Friday, November 10th. Vetr cut Walt Disney from a “buy” rating to a “hold” rating and set a $106.77 price target on the stock. in a report on Monday, November 13th. Rosenblatt Securities restated a “hold” rating and issued a $115.00 price target on shares of Walt Disney in a report on Monday, December 4th. Finally, Citigroup restated a “neutral” rating on shares of Walt Disney in a report on Thursday, September 28th. Four research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seventeen have issued a buy rating to the company’s stock. Walt Disney currently has a consensus rating of “Hold” and an average price target of $113.20.

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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.

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

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