Arlington Partners LLC purchased a new position in Walt Disney Co (NYSE:DIS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,650 shares of the entertainment giant’s stock, valued at approximately $607,000.
A number of other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Walt Disney by 2.2% in the second quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock worth $10,497,824,000 after purchasing an additional 2,131,932 shares during the last quarter. Northern Trust Corp lifted its stake in Walt Disney by 2.5% in the second quarter. Northern Trust Corp now owns 20,462,287 shares of the entertainment giant’s stock worth $2,174,118,000 after purchasing an additional 500,349 shares during the last quarter. Legal & General Group Plc increased its position in shares of Walt Disney by 3.8% in the third quarter. Legal & General Group Plc now owns 8,186,026 shares of the entertainment giant’s stock valued at $806,872,000 after acquiring an additional 300,973 shares during the period. Parnassus Investments CA increased its position in shares of Walt Disney by 19.3% in the third quarter. Parnassus Investments CA now owns 6,941,130 shares of the entertainment giant’s stock valued at $684,187,000 after acquiring an additional 1,123,949 shares during the period. Finally, Swiss National Bank increased its position in shares of Walt Disney by 7.8% in the second quarter. Swiss National Bank now owns 5,777,328 shares of the entertainment giant’s stock valued at $613,841,000 after acquiring an additional 420,200 shares during the period. 62.63% of the stock is owned by institutional investors and hedge funds.
A number of equities analysts have issued reports on the stock. Loop Capital assumed coverage on shares of Walt Disney in a research report on Thursday. They issued a “buy” rating and a $130.00 price objective on the stock. Zacks Investment Research cut shares of Walt Disney from a “buy” rating to a “hold” rating in a research report on Tuesday, March 13th. Vetr cut shares of Walt Disney from a “strong-buy” rating to a “buy” rating and set a $114.86 price objective on the stock. in a research report on Tuesday, February 13th. BMO Capital Markets boosted their price objective on shares of Walt Disney from $90.00 to $95.00 and gave the company a “positive” rating in a research report on Thursday, February 8th. Finally, Jefferies Group restated a “hold” rating and issued a $112.00 price objective on shares of Walt Disney in a research report on Wednesday, February 7th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. Walt Disney presently has a consensus rating of “Buy” and a consensus price target of $119.40.
Walt Disney stock opened at $102.87 on Monday. 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. The stock has a market cap of $154,683.16, a PE ratio of 14.59, a P/E/G ratio of 1.75 and a beta of 1.30.
Walt Disney (NYSE:DIS) last announced its quarterly 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. The company had revenue of $15.35 billion for the quarter, compared to analysts’ expectations of $15.47 billion. Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. Walt Disney’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.55 earnings per share. research analysts forecast that Walt Disney Co will post 6.95 EPS for the current fiscal year.
In other Walt Disney news, Director Aylwin B. Lewis sold 1,797 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $108.39, for a total value of $194,776.83. Following the sale, the director now owns 85,636 shares in the company, valued at $9,282,086.04. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.38% of the stock is currently owned by corporate insiders.
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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.
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