Bay Colony Advisory Group Inc d b a Bay Colony Advisors Increases Holdings in Walt Disney Co (NYSE:DIS)

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Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in shares of Walt Disney Co (NYSE:DIS) by 21.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,661 shares of the entertainment giant’s stock after purchasing an additional 1,188 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Walt Disney were worth $930,000 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. Altfest L J & Co. Inc. boosted its position in shares of Walt Disney by 0.5% in the 2nd quarter. Altfest L J & Co. Inc. now owns 13,978 shares of the entertainment giant’s stock worth $1,952,000 after purchasing an additional 74 shares in the last quarter. West Oak Capital LLC boosted its position in shares of Walt Disney by 1.7% in the 2nd quarter. West Oak Capital LLC now owns 4,910 shares of the entertainment giant’s stock worth $686,000 after purchasing an additional 81 shares in the last quarter. Harbour Capital Advisors LLC boosted its position in shares of Walt Disney by 0.6% in the 2nd quarter. Harbour Capital Advisors LLC now owns 16,384 shares of the entertainment giant’s stock worth $2,288,000 after purchasing an additional 92 shares in the last quarter. Stockman Wealth Management Inc. boosted its position in shares of Walt Disney by 1.0% in the 4th quarter. Stockman Wealth Management Inc. now owns 9,392 shares of the entertainment giant’s stock worth $1,030,000 after purchasing an additional 95 shares in the last quarter. Finally, Crewe Advisors LLC boosted its position in shares of Walt Disney by 55.6% in the 4th quarter. Crewe Advisors LLC now owns 280 shares of the entertainment giant’s stock worth $31,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 64.50% of the company’s stock.

Shares of DIS opened at $133.41 on Friday. The firm has a market cap of $244.52 billion, a PE ratio of 18.84, a P/E/G ratio of 4.35 and a beta of 0.96. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 0.38. The firm has a fifty day simple moving average of $141.26 and a two-hundred day simple moving average of $128.68. Walt Disney Co has a 1-year low of $100.35 and a 1-year high of $147.15.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, August 6th. The entertainment giant reported $1.35 earnings per share for the quarter, missing analysts’ consensus estimates of $1.76 by ($0.41). The company had revenue of $20.25 billion for the quarter, compared to analysts’ expectations of $21.40 billion. Walt Disney had a net margin of 19.02% and a return on equity of 13.08%. Walt Disney’s quarterly revenue was up 32.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.87 earnings per share. As a group, research analysts forecast that Walt Disney Co will post 6.19 EPS for the current fiscal year.

The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, July 25th. Stockholders of record on Monday, July 8th were paid a $0.88 dividend. The ex-dividend date was Friday, July 5th. Walt Disney’s dividend payout ratio (DPR) is 24.86%.

A number of analysts have recently commented on DIS shares. Guggenheim reissued a “buy” rating and issued a $157.00 price target on shares of Walt Disney in a research report on Tuesday, April 23rd. Credit Suisse Group reissued a “buy” rating and issued a $150.00 price target on shares of Walt Disney in a research report on Thursday, August 8th. Loop Capital boosted their price objective on shares of Walt Disney to $165.00 and gave the stock a “buy” rating in a report on Friday, June 14th. JPMorgan Chase & Co. restated a “buy” rating and issued a $150.00 price objective on shares of Walt Disney in a report on Wednesday, August 7th. Finally, Imperial Capital boosted their price objective on shares of Walt Disney from $139.00 to $147.00 and gave the stock an “outperform” rating in a report on Tuesday, May 7th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twenty have assigned a buy rating to the stock. Walt Disney presently has a consensus rating of “Buy” and a consensus target price of $148.61.

In other news, EVP Alan N. Braverman sold 94,462 shares of the company’s stock in a transaction on Friday, July 5th. The stock was sold at an average price of $141.18, for a total value of $13,336,145.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Brent Woodford sold 2,200 shares of the company’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $138.23, for a total value of $304,106.00. The disclosure for this sale can be found here. Insiders sold a total of 154,423 shares of company stock valued at $21,743,165 over the last 90 days. 0.36% of the stock is currently owned by company insiders.

Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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

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