Cypress Capital Group Has $3.99 Million Stock Position in The Walt Disney Company $DIS

Key Points

• Cypress Capital Group reduced its holdings in The Walt Disney Company by 9.0%, now owning 32,177 shares worth approximately $3.99 million.
• Walt Disney's stock is currently valued at $109.17, down 1.6%, with a market cap of $196.27 billion and a 52-week price range of $80.10 to $124.69.
• The company's latest earnings report showed a net margin of 12.22% and revenue of $23.65 billion, surpassing last year's figures despite slightly missing analyst expectations.

Cypress Capital Group lessened its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 9.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 32,177 shares of the entertainment giant's stock after selling 3,182 shares during the quarter. Cypress Capital Group's holdings in Walt Disney were worth $3,990,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC acquired a new position in Walt Disney during the second quarter worth about $4,220,599,000. Nuveen LLC bought a new stake in shares of Walt Disney during the 1st quarter valued at approximately $1,353,607,000. Diamond Hill Capital Management Inc. increased its position in Walt Disney by 1,080.7% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant's stock worth $277,993,000 after purchasing an additional 2,578,004 shares in the last quarter. Vanguard Group Inc. lifted its stake in Walt Disney by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant's stock valued at $15,383,615,000 after purchasing an additional 2,446,087 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Walt Disney by 9.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 18,509,924 shares of the entertainment giant's stock valued at $1,826,930,000 after buying an additional 1,642,907 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Stock Down 1.6%

Walt Disney stock opened at $109.17 on Monday. The firm has a market cap of $196.27 billion, a price-to-earnings ratio of 17.11, a PEG ratio of 1.43 and a beta of 1.54. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The firm has a 50 day moving average price of $115.36 and a two-hundred day moving average price of $110.48.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, beating analysts' consensus estimates of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business had revenue of $23.65 billion for the quarter, compared to analysts' expectations of $23.69 billion. During the same quarter in the prior year, the firm posted $1.39 earnings per share. The business's quarterly revenue was up 2.1% compared to the same quarter last year. Equities analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DIS shares. Keefe, Bruyette & Woods reiterated a "market perform" rating on shares of Walt Disney in a research note on Monday, August 11th. Chardan Capital reiterated a "buy" rating on shares of Walt Disney in a research report on Monday, August 11th. Rosenblatt Securities boosted their price target on Walt Disney from $140.00 to $141.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Barclays raised their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Walt Disney in a report on Wednesday, October 8th. Nineteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $131.18.

Walt Disney Profile

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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