The Walt Disney Company (NYSE:DIS) Shares Acquired by Regatta Capital Group LLC

Regatta Capital Group LLC grew its stake in shares of The Walt Disney Company (NYSE:DISFree Report) by 0.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,493 shares of the entertainment giant’s stock after purchasing an additional 232 shares during the period. Walt Disney comprises about 0.8% of Regatta Capital Group LLC’s holdings, making the stock its 28th biggest holding. Regatta Capital Group LLC’s holdings in Walt Disney were worth $3,024,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Markel Corp boosted its position in shares of Walt Disney by 2.3% in the first quarter. Markel Corp now owns 1,922,665 shares of the entertainment giant’s stock worth $263,713,000 after buying an additional 42,500 shares during the period. Fairfield Bush & CO. lifted its stake in Walt Disney by 3.4% in the 1st quarter. Fairfield Bush & CO. now owns 9,624 shares of the entertainment giant’s stock worth $1,320,000 after acquiring an additional 320 shares in the last quarter. United Bank boosted its position in Walt Disney by 8.7% during the 1st quarter. United Bank now owns 9,949 shares of the entertainment giant’s stock worth $1,365,000 after acquiring an additional 794 shares during the period. AMI Investment Management Inc. raised its holdings in shares of Walt Disney by 4.6% during the 1st quarter. AMI Investment Management Inc. now owns 24,918 shares of the entertainment giant’s stock valued at $3,418,000 after purchasing an additional 1,094 shares in the last quarter. Finally, Mackenzie Financial Corp boosted its holdings in Walt Disney by 0.6% in the first quarter. Mackenzie Financial Corp now owns 828,308 shares of the entertainment giant’s stock worth $113,611,000 after purchasing an additional 4,722 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

DIS has been the subject of a number of analyst reports. Barclays raised Walt Disney from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $95.00 to $135.00 in a research report on Monday, March 25th. Rosenblatt Securities decreased their target price on Walt Disney from $114.00 to $112.00 and set a “buy” rating for the company in a research report on Friday, December 22nd. Needham & Company LLC lifted their price target on shares of Walt Disney from $120.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, March 28th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Walt Disney from $115.00 to $110.00 and set a “buy” rating for the company in a research note on Wednesday, February 7th. Finally, Macquarie raised their target price on shares of Walt Disney from $94.00 to $104.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-one have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $119.96.

Read Our Latest Report on Walt Disney

Walt Disney Stock Performance

Shares of NYSE:DIS opened at $121.53 on Tuesday. The Walt Disney Company has a 1-year low of $78.73 and a 1-year high of $123.74. The business has a 50-day moving average price of $108.99 and a two-hundred day moving average price of $95.42. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $222.92 billion, a P/E ratio of 75.02, a P/E/G ratio of 1.88 and a beta of 1.42.

Walt Disney (NYSE:DISGet Free Report) last announced its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.25. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The business had revenue of $23.50 billion for the quarter, compared to analyst estimates of $23.71 billion. During the same period in the prior year, the business posted $0.99 earnings per share. Walt Disney’s revenue was down .1% compared to the same quarter last year. Equities analysts predict that The Walt Disney Company will post 4.66 earnings per share for the current year.

Walt Disney Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Thursday, July 25th. Investors of record on Monday, July 8th will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, July 8th. This represents a dividend yield of 0.5%. Walt Disney’s dividend payout ratio (DPR) is presently 18.52%.

About Walt Disney

(Free Report)

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.

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

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