Osprey Private Wealth LLC Purchases 10,605 Shares of The Walt Disney Company $DIS

by · The Cerbat Gem

Osprey Private Wealth LLC increased its stake in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 29.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,155 shares of the entertainment giant’s stock after purchasing an additional 10,605 shares during the period. Walt Disney makes up 1.9% of Osprey Private Wealth LLC’s investment portfolio, making the stock its 20th largest holding. Osprey Private Wealth LLC’s holdings in Walt Disney were worth $5,285,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of DIS. Vanguard Group Inc. increased its holdings in Walt Disney by 1.1% in the 2nd quarter. Vanguard Group Inc. now owns 157,501,484 shares of the entertainment giant’s stock worth $19,531,759,000 after acquiring an additional 1,639,123 shares in the last quarter. State Street Corp increased its stake in Walt Disney by 0.8% in the 2nd quarter. State Street Corp now owns 79,643,043 shares of the entertainment giant’s stock worth $9,915,465,000 after buying an additional 625,893 shares during the period. Geode Capital Management LLC lifted its holdings in Walt Disney by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 39,992,231 shares of the entertainment giant’s stock valued at $4,935,928,000 after buying an additional 458,077 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new position in Walt Disney in the second quarter worth approximately $4,220,599,000. Finally, Norges Bank purchased a new position in Walt Disney during the 2nd quarter worth $2,618,295,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of DIS opened at $110.56 on Thursday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.71 and a quick ratio of 0.65. The firm has a 50-day simple moving average of $109.15 and a two-hundred day simple moving average of $114.58. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The stock has a market cap of $197.39 billion, a PE ratio of 16.12, a P/E/G ratio of 1.54 and a beta of 1.49.

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

Walt Disney Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on DIS shares. Sanford C. Bernstein reiterated an “outperform” rating on shares of Walt Disney in a research note on Wednesday, November 12th. Raymond James Financial reiterated a “market perform” rating on shares of Walt Disney in a research note on Friday, November 14th. Weiss Ratings raised Walt Disney from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Arete Research raised shares of Walt Disney to a “strong sell” rating in a report on Tuesday, October 28th. Finally, Guggenheim restated a “buy” rating and issued a $140.00 price target on shares of Walt Disney in a research note on Friday, November 14th. Nineteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $134.41.

View Our Latest Stock Report on DIS

Walt Disney Company Profile

(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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