Ritter Daniher Financial Advisory LLC DE Acquires 5,987 Shares of The Walt Disney Company $DIS

by · The Markets Daily

Ritter Daniher Financial Advisory LLC DE lifted its position in The Walt Disney Company (NYSE:DISFree Report) by 805.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,730 shares of the entertainment giant’s stock after purchasing an additional 5,987 shares during the quarter. Ritter Daniher Financial Advisory LLC DE’s holdings in Walt Disney were worth $771,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIS. Copeland Capital Management LLC bought a new stake in Walt Disney during the 3rd quarter worth approximately $25,000. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Walt Disney in the third quarter worth about $33,000. Harbor Asset Planning Inc. acquired a new stake in shares of Walt Disney in the second quarter valued at approximately $37,000. Total Investment Management Inc. bought a new position in Walt Disney in the 2nd quarter worth approximately $37,000. Finally, Howard Hughes Medical Institute acquired a new position in Walt Disney during the 2nd quarter worth $48,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney News Roundup

Here are the key news stories impacting Walt Disney this week:

Analyst Upgrades and Downgrades

A number of research firms have commented on DIS. TD Cowen reaffirmed a “hold” rating on shares of Walt Disney in a report on Friday, November 14th. Jefferies Financial Group cut their price target on shares of Walt Disney from $144.00 to $136.00 and set a “buy” rating on the stock in a research report on Friday, November 14th. Guggenheim reissued a “buy” rating and set a $140.00 price objective on shares of Walt Disney in a research note on Friday, November 14th. Arete Research raised shares of Walt Disney to a “strong sell” rating in a research note on Tuesday, October 28th. Finally, Wells Fargo & Company decreased their price target on shares of Walt Disney from $159.00 to $152.00 and set an “overweight” rating for the company in a report on Friday, November 14th. Nineteen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $135.20.

Read Our Latest Analysis on DIS

Walt Disney Stock Performance

DIS opened at $111.62 on Friday. The business’s fifty day moving average is $110.51 and its 200-day moving average is $113.26. The firm has a market cap of $199.28 billion, a P/E ratio of 16.27, a price-to-earnings-growth ratio of 1.53 and a beta of 1.44. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.65 and a current ratio of 0.71. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69.

Walt Disney (NYSE:DISGet Free Report) last announced its quarterly earnings results on Thursday, November 13th. The entertainment giant reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.08. The company had revenue of $22.46 billion for the quarter, compared to analyst estimates of $22.78 billion. Walt Disney had a net margin of 13.14% and a return on equity of 9.37%. The firm’s revenue was down .5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.14 EPS. Sell-side analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a dividend yield of 139.0%. Walt Disney’s dividend payout ratio (DPR) is 21.87%.

Walt Disney Profile

(Free Report)

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.

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