Appleton Partners Inc. MA trimmed its holdings in shares of Walt Disney Co (NYSE:DIS) by 2.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,570 shares of the entertainment giant’s stock after selling 711 shares during the quarter. Appleton Partners Inc. MA’s holdings in Walt Disney were worth $3,609,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Legacy Advisors LLC bought a new position in Walt Disney during the third quarter valued at $137,000. Malaga Cove Capital LLC bought a new position in Walt Disney during the third quarter valued at $140,000. Wealthcare Advisory Partners LLC bought a new position in Walt Disney during the third quarter valued at $142,000. Krilogy Financial LLC grew its holdings in Walt Disney by 13.2% during the second quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after purchasing an additional 166 shares during the period. Finally, IHT Wealth Management LLC grew its holdings in Walt Disney by 34.3% during the second quarter. IHT Wealth Management LLC now owns 15,377 shares of the entertainment giant’s stock valued at $152,000 after purchasing an additional 3,923 shares during the period. 61.23% of the stock is owned by institutional investors.
Shares of Walt Disney Co (DIS) opened at $107.25 on Friday. The stock has a market capitalization of $161,270.00, a price-to-earnings ratio of 18.52, a P/E/G ratio of 1.79 and a beta of 1.30. Walt Disney Co has a 52 week low of $96.20 and a 52 week high of $116.10. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.80 and a current ratio of 0.87.
Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.61 by $0.28. Walt Disney had a return on equity of 20.44% and a net margin of 19.61%. The company had revenue of $15.35 billion during the quarter, compared to analyst estimates of $15.47 billion. During the same quarter last year, the company earned $1.55 earnings per share. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. equities analysts expect that Walt Disney Co will post 6.95 EPS for the current fiscal year.
Several equities analysts have weighed in on DIS shares. Zacks Investment Research raised Walt Disney from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Barclays set a $105.00 price objective on Walt Disney and gave the company a “hold” rating in a report on Tuesday, January 23rd. Edward Jones lowered Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, December 15th. Wells Fargo & Co reissued a “buy” rating and set a $135.00 price objective on shares of Walt Disney in a report on Friday, December 15th. Finally, B. Riley reissued a “hold” rating and set a $101.00 price objective (up from $97.00) on shares of Walt Disney in a report on Friday, November 10th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $118.59.
Walt Disney Profile
The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.
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