Autumn Glory Partners LLC Trims Holdings in The Walt Disney Company $DIS

Autumn Glory Partners LLC reduced its position in shares of The Walt Disney Company (NYSE:DIS) by 18.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,924 shares of the entertainment giant’s stock after selling 5,745 shares during the period. Walt Disney accounts for about 1.2% of Autumn Glory Partners LLC’s investment portfolio, making the stock its 19th largest position. Autumn Glory Partners LLC’s holdings in Walt Disney were worth $2,968,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Copeland Capital Management LLC purchased a new stake in Walt Disney in the 3rd quarter worth approximately $25,000. DiNuzzo Private Wealth Inc. lifted its stake in shares of Walt Disney by 82.5% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after purchasing an additional 94 shares during the period. Harbor Asset Planning Inc. acquired a new stake in shares of Walt Disney during the second quarter worth $37,000. Total Investment Management Inc. purchased a new stake in shares of Walt Disney in the second quarter valued at $37,000. Finally, Navigoe LLC grew its position in shares of Walt Disney by 89.2% in the third quarter. Navigoe LLC now owns 403 shares of the entertainment giant’s stock valued at $46,000 after purchasing an additional 190 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Wall Street Zen downgraded Walt Disney from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Citigroup reaffirmed a “positive” rating on shares of Walt Disney in a research note on Friday, November 14th. Rosenblatt Securities reiterated a “buy” rating and set a $141.00 price objective on shares of Walt Disney in a report on Friday, October 17th. Weiss Ratings reissued a “buy (b-)” rating on shares of Walt Disney in a research report on Monday, December 29th. Finally, Wells Fargo & Company dropped their price target on shares of Walt Disney from $159.00 to $152.00 and set an “overweight” rating for the company in a research 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 company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.94.

Walt Disney Stock Up 2.0%

DIS opened at $114.10 on Tuesday. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The firm has a 50 day moving average price of $109.62 and a 200 day moving average price of $114.29. 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 company has a market cap of $203.71 billion, a PE ratio of 16.63, a price-to-earnings-growth ratio of 1.54 and a beta of 1.44.

Walt Disney (NYSE:DIS) last released its quarterly earnings data 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. Walt Disney had a net margin of 13.14% and a return on equity of 9.37%. The company had revenue of $22.46 billion during the quarter, compared to the consensus estimate of $22.78 billion. During the same period in the previous year, the firm earned $1.14 earnings per share. Walt Disney’s revenue for the quarter was down .5% on a year-over-year basis. Sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, July 22nd. Investors of record on Tuesday, June 30th will be issued a $0.75 dividend. This represents a yield of 139.0%. The ex-dividend date is Tuesday, June 30th. Walt Disney’s dividend payout ratio is currently 21.87%.

About Walt Disney

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.