OLD Mission Capital LLC bought a new position in shares of The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,000 shares of the entertainment giant’s stock, valued at approximately $1,935,000.
Other large investors have also recently made changes to their positions in the company. Circle Wealth Management LLC increased its holdings in shares of The Walt Disney by 9.9% in the fourth quarter. Circle Wealth Management LLC now owns 8,694 shares of the entertainment giant’s stock valued at $935,000 after buying an additional 780 shares in the last quarter. TIAA CREF Investment Management LLC increased its holdings in shares of The Walt Disney by 2.6% in the fourth quarter. TIAA CREF Investment Management LLC now owns 7,237,916 shares of the entertainment giant’s stock valued at $778,148,000 after buying an additional 182,031 shares in the last quarter. GHP Investment Advisors Inc. increased its holdings in shares of The Walt Disney by 1.6% in the fourth quarter. GHP Investment Advisors Inc. now owns 44,609 shares of the entertainment giant’s stock valued at $4,796,000 after buying an additional 685 shares in the last quarter. Teachers Advisors LLC increased its holdings in shares of The Walt Disney by 27.3% in the fourth quarter. Teachers Advisors LLC now owns 4,147,494 shares of the entertainment giant’s stock valued at $445,897,000 after buying an additional 888,876 shares in the last quarter. Finally, Captrust Financial Advisors bought a new position in shares of The Walt Disney in the fourth quarter valued at $3,145,000. 62.81% of the stock is currently owned by hedge funds and other institutional investors.
Several research analysts have issued reports on DIS shares. Cowen reaffirmed a “hold” rating and issued a $102.00 price target on shares of The Walt Disney in a report on Monday, February 5th. Morgan Stanley upped their price target on The Walt Disney from $120.00 to $130.00 and gave the company an “overweight” rating in a report on Wednesday, January 31st. Vetr raised The Walt Disney from a “buy” rating to a “strong-buy” rating and set a $114.50 price target on the stock in a report on Tuesday, April 10th. Zacks Investment Research raised The Walt Disney from a “hold” rating to a “buy” rating and set a $118.00 price target on the stock in a report on Friday, February 16th. Finally, Pivotal Research reaffirmed a “sell” rating and issued a $94.00 price target on shares of The Walt Disney in a report on Wednesday, February 7th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $118.56.
In other news, Director Aylwin B. Lewis sold 1,797 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $108.39, for a total transaction of $194,776.83. Following the transaction, the director now directly owns 85,636 shares in the company, valued at approximately $9,282,086.04. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.38% of the company’s stock.
The Walt Disney stock opened at $104.34 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.85. The Walt Disney Company has a 12 month low of $103.16 and a 12 month high of $104.28. The firm has a market cap of $156.56 billion, a PE ratio of 16.46, a P/E/G ratio of 1.48 and a beta of 1.29.
The Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Tuesday, May 8th. The entertainment giant reported $1.84 EPS for the quarter, beating the consensus estimate of $1.70 by $0.14. The Walt Disney had a net margin of 20.16% and a return on equity of 21.13%. The business had revenue of $14.55 billion for the quarter, compared to analysts’ expectations of $14.11 billion. During the same period in the previous year, the company posted $1.50 EPS. The Walt Disney’s revenue was up 9.1% on a year-over-year basis. equities analysts expect that The Walt Disney Company will post 7.05 earnings per share for the current fiscal year.
About The Walt Disney
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.
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