Waldron LP raised its stake in shares of Walt Disney Co (NYSE:DIS) by 33.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,161 shares of the entertainment giant’s stock after purchasing an additional 1,800 shares during the quarter. Waldron LP’s holdings in Walt Disney were worth $769,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently made changes to their positions in the business. Legacy Advisors LLC bought a new stake in shares of Walt Disney in the 3rd quarter worth approximately $137,000. Malaga Cove Capital LLC bought a new stake in shares of Walt Disney in the 3rd quarter worth approximately $140,000. Wealthcare Advisory Partners LLC bought a new stake in shares of Walt Disney in the 3rd quarter worth approximately $142,000. Cerebellum GP LLC bought a new stake in shares of Walt Disney in the 4th quarter worth approximately $142,000. Finally, Krilogy Financial LLC lifted its holdings in shares of Walt Disney by 13.2% in the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock worth $151,000 after acquiring an additional 166 shares during the last quarter. Institutional investors and hedge funds own 62.63% of the company’s stock.
A number of equities research analysts have recently weighed in on the stock. Bank of America restated a “buy” rating and issued a $144.00 price objective (up from $130.00) on shares of Walt Disney in a report on Wednesday, January 10th. Vetr lowered shares of Walt Disney from a “strong-buy” rating to a “buy” rating and set a $114.86 price objective for the company. in a report on Tuesday, February 13th. B. Riley restated a “hold” rating and issued a $122.00 price objective on shares of Walt Disney in a report on Monday, January 29th. Macquarie set a $125.00 price target on shares of Walt Disney and gave the company a “buy” rating in a report on Tuesday, February 6th. Finally, Rosenblatt Securities upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their price target for the company from $115.00 to $130.00 in a report on Wednesday, January 3rd. Two analysts have rated the stock with a sell rating, ten have given a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $118.82.
Walt Disney stock traded down $1.76 during mid-day trading on Friday, reaching $100.35. 7,162,386 shares of the company traded hands, compared to its average volume of 7,157,335. The company has a current ratio of 0.87, a quick ratio of 0.80 and a debt-to-equity ratio of 0.43. The company has a market cap of $150,893.89, a P/E ratio of 17.61, a PEG ratio of 1.71 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.
Walt Disney (NYSE:DIS) last released its earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.61 by $0.28. The firm had revenue of $15.35 billion for the quarter, compared to the consensus estimate of $15.47 billion. Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. The company’s revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.55 EPS. analysts predict that Walt Disney Co will post 6.95 EPS for the current fiscal year.
In other 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 directly owns 85,636 shares of the company’s stock, valued at approximately $9,282,086.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.38% of the stock is 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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