Cannell Peter B & Co. Inc. Buys 2,102 Shares of Walt Disney Co (DIS)

Cannell Peter B & Co. Inc. boosted its stake in shares of Walt Disney Co (NYSE:DIS) by 0.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 324,852 shares of the entertainment giant’s stock after buying an additional 2,102 shares during the quarter. Cannell Peter B & Co. Inc.’s holdings in Walt Disney were worth $32,021,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Tortoise Investment Management LLC lifted its stake in shares of Walt Disney by 0.6% in the 2nd quarter. Tortoise Investment Management LLC now owns 2,269 shares of the entertainment giant’s stock valued at $241,000 after purchasing an additional 14 shares during the period. Burt Wealth Advisors lifted its stake in shares of Walt Disney by 0.5% in the 2nd quarter. Burt Wealth Advisors now owns 3,182 shares of the entertainment giant’s stock valued at $338,000 after purchasing an additional 15 shares during the period. Sonata Capital Group Inc. lifted its stake in shares of Walt Disney by 0.7% in the 2nd quarter. Sonata Capital Group Inc. now owns 2,732 shares of the entertainment giant’s stock valued at $290,000 after purchasing an additional 20 shares during the period. Leisure Capital Management lifted its stake in shares of Walt Disney by 0.5% in the 2nd quarter. Leisure Capital Management now owns 4,449 shares of the entertainment giant’s stock valued at $473,000 after purchasing an additional 20 shares during the period. Finally, First Capital Advisors Group LLC. raised its stake in Walt Disney by 0.4% during the 2nd quarter. First Capital Advisors Group LLC. now owns 6,515 shares of the entertainment giant’s stock worth $692,000 after buying an additional 24 shares during the period. 61.12% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Co (NYSE:DIS) opened at $103.39 on Tuesday. The stock has a market capitalization of $155,013.95, a P/E ratio of 17.07, a PEG ratio of 1.79 and a beta of 1.30. The company has a quick ratio of 0.80, a current ratio of 0.87 and a debt-to-equity ratio of 0.43. Walt Disney Co has a twelve month low of $96.20 and a twelve month high of $116.10.

Walt Disney (NYSE:DIS) last released its earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share (EPS) for the quarter, beating the 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 period in the prior year, the company posted $1.55 earnings per share. Walt Disney’s quarterly revenue was up 3.8% on a year-over-year basis. analysts anticipate that Walt Disney Co will post 6.8 EPS for the current year.

A number of research analysts recently weighed in on the company. B. Riley reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Wednesday, November 1st. Bank of America reaffirmed a “buy” rating and set a $144.00 price target (up from $130.00) on shares of Walt Disney in a research note on Wednesday, January 10th. Vetr downgraded Walt Disney from a “strong-buy” rating to a “buy” rating and set a $114.86 price target on the stock. in a research note on Tuesday. Jefferies Group reaffirmed a “hold” rating and set a $103.77 price target (up from $102.68) on shares of Walt Disney in a research note on Friday, November 10th. Finally, Macquarie set a $125.00 price target on Walt Disney and gave the stock a “buy” rating in a research note on Tuesday, February 6th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. Walt Disney presently has an average rating of “Buy” and an average target price of $118.61.

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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.

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

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