WealthTrust Fairport LLC lowered its position in Walt Disney Co (NYSE:DIS) by 1.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,810 shares of the entertainment giant’s stock after selling 531 shares during the quarter. WealthTrust Fairport LLC’s holdings in Walt Disney were worth $4,277,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of DIS. Trilogy Capital Inc. bought a new stake in shares of Walt Disney during the 1st quarter worth about $107,000. CSat Investment Advisory L.P. acquired a new position in shares of Walt Disney during the 2nd quarter worth about $112,000. Live Your Vision LLC lifted its position in shares of Walt Disney by 91.6% during the 2nd quarter. Live Your Vision LLC now owns 1,046 shares of the entertainment giant’s stock worth $113,000 after purchasing an additional 500 shares during the last quarter. BDO Wealth Advisors LLC lifted its position in shares of Walt Disney by 184.3% during the 1st quarter. BDO Wealth Advisors LLC now owns 1,140 shares of the entertainment giant’s stock worth $114,000 after purchasing an additional 739 shares during the last quarter. Finally, Bruderman Asset Management LLC acquired a new position in shares of Walt Disney during the 1st quarter worth about $116,000. Hedge funds and other institutional investors own 63.18% of the company’s stock.
Walt Disney stock opened at $115.18 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.88 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $170.78 billion, a price-to-earnings ratio of 20.21, a PEG ratio of 1.45 and a beta of 1.17. Walt Disney Co has a 12 month low of $97.68 and a 12 month high of $119.69.
Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Tuesday, August 7th. The entertainment giant reported $1.87 EPS for the quarter, missing the consensus estimate of $1.97 by ($0.10). The firm had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.49 billion. Walt Disney had a net margin of 20.76% and a return on equity of 21.37%. During the same period last year, the company earned $1.58 EPS. As a group, analysts expect that Walt Disney Co will post 6.92 earnings per share for the current fiscal year.
Several equities analysts recently weighed in on DIS shares. Imperial Capital boosted their price objective on Walt Disney from $108.00 to $112.00 and gave the stock an “inline” rating in a research report on Wednesday, August 8th. Zacks Investment Research raised Walt Disney from a “sell” rating to a “hold” rating in a research report on Monday, October 1st. Pivotal Research reissued a “sell” rating and set a $95.00 price objective on shares of Walt Disney in a research report on Sunday, September 23rd. ValuEngine raised Walt Disney from a “hold” rating to a “buy” rating in a research report on Friday, October 19th. Finally, B. Riley cut their price objective on Walt Disney from $123.00 to $121.00 and set a “buy” rating for the company in a research report on Wednesday, August 8th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $120.99.
In other Walt Disney news, EVP Brent Woodford sold 952 shares of the company’s stock in a transaction that occurred on Tuesday, September 4th. The stock was sold at an average price of $111.87, for a total value of $106,500.24. Following the completion of the transaction, the executive vice president now owns 26,698 shares of the company’s stock, valued at approximately $2,986,705.26. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Mary Jayne Parker sold 29,192 shares of the company’s stock in a transaction that occurred on Wednesday, October 3rd. The shares were sold at an average price of $117.99, for a total value of $3,444,364.08. Following the completion of the transaction, the executive vice president now directly owns 29,199 shares of the company’s stock, valued at approximately $3,445,190.01. The disclosure for this sale can be found here. In the last ninety days, insiders sold 598,858 shares of company stock valued at $68,953,653. Insiders own 0.38% of the company’s stock.
Walt Disney Profile
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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