Arlington Financial Advisors LLC Has $2.41 Million Holdings in Walt Disney Co (DIS)

Arlington Financial Advisors LLC raised its position in shares of Walt Disney Co (NYSE:DIS) by 15.1% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,231 shares of the entertainment giant’s stock after purchasing an additional 2,786 shares during the quarter. Walt Disney accounts for about 1.4% of Arlington Financial Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. Arlington Financial Advisors LLC’s holdings in Walt Disney were worth $2,411,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP grew its stake in shares of Walt Disney by 22.2% in the second quarter. Dimensional Fund Advisors LP now owns 6,228,738 shares of the entertainment giant’s stock worth $652,841,000 after acquiring an additional 1,129,743 shares during the period. Ruffer LLP grew its stake in shares of Walt Disney by 39.1% in the second quarter. Ruffer LLP now owns 3,977,520 shares of the entertainment giant’s stock worth $417,261,000 after acquiring an additional 1,117,959 shares during the period. Cornerstone Wealth Management LLC grew its stake in shares of Walt Disney by 10,630.8% in the second quarter. Cornerstone Wealth Management LLC now owns 1,022,536 shares of the entertainment giant’s stock worth $9,705,000 after acquiring an additional 1,013,007 shares during the period. Schroder Investment Management Group grew its stake in shares of Walt Disney by 73.7% in the first quarter. Schroder Investment Management Group now owns 2,174,764 shares of the entertainment giant’s stock worth $218,434,000 after acquiring an additional 923,048 shares during the period. Finally, Sustainable Growth Advisers LP grew its stake in shares of Walt Disney by 81.5% in the first quarter. Sustainable Growth Advisers LP now owns 1,951,121 shares of the entertainment giant’s stock worth $195,971,000 after acquiring an additional 875,955 shares during the period. Institutional investors and hedge funds own 63.04% of the company’s stock.

Shares of NYSE DIS opened at $116.18 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.88 and a quick ratio of 0.81. The company has a market cap of $173.92 billion, a P/E ratio of 20.38, a price-to-earnings-growth ratio of 1.55 and a beta of 1.29. Walt Disney Co has a 12-month low of $96.89 and a 12-month high of $118.10.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, August 7th. The entertainment giant reported $1.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.97 by ($0.10). Walt Disney had a net margin of 20.76% and a return on equity of 21.37%. The business had revenue of $15.23 billion for the quarter, compared to the consensus estimate of $15.49 billion. During the same quarter last year, the firm posted $1.58 earnings per share. Equities research analysts anticipate that Walt Disney Co will post 6.92 EPS for the current year.

In other Walt Disney news, EVP Brent Woodford sold 843 shares of Walt Disney stock in a transaction that occurred on Wednesday, August 1st. The shares were sold at an average price of $113.56, for a total transaction of $95,731.08. Following the transaction, the executive vice president now owns 27,650 shares of the company’s stock, valued at $3,139,934. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Robert A. Iger sold 437,679 shares of Walt Disney stock in a transaction that occurred on Monday, August 6th. The shares were sold at an average price of $115.00, for a total transaction of $50,333,085.00. Following the transaction, the chairman now directly owns 1,498,871 shares in the company, valued at approximately $172,370,165. The disclosure for this sale can be found here. Insiders have sold 599,701 shares of company stock worth $69,049,384 in the last ninety days. Insiders own 0.38% of the company’s stock.

A number of analysts have recently commented on DIS shares. Royal Bank of Canada reiterated a “buy” rating and issued a $140.00 price target on shares of Walt Disney in a research note on Wednesday, August 8th. Bank of America set a $144.00 price target on shares of Walt Disney and gave the stock a “buy” rating in a research note on Wednesday, August 8th. B. Riley reduced their price target on shares of Walt Disney from $123.00 to $121.00 and set a “buy” rating for the company in a research note on Wednesday, August 8th. Zacks Investment Research upgraded shares of Walt Disney from a “sell” rating to a “hold” rating in a research note on Wednesday, September 19th. Finally, Imperial Capital boosted their target price on shares of Walt Disney from $108.00 to $112.00 and gave the company an “inline” rating in a research report on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $119.77.

About 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.

Recommended Story: Asset Allocation and Your Retirement

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walt Disney Co (NYSE:DIS).

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

Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply