Accurate Investment Solutions Inc. cut its holdings in Walt Disney Co (NYSE:DIS) by 18.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,191 shares of the entertainment giant’s stock after selling 483 shares during the period. Accurate Investment Solutions Inc.’s holdings in Walt Disney were worth $256,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Moody Aldrich Partners LLC bought a new stake in Walt Disney during the second quarter valued at about $71,061,000. Live Your Vision LLC boosted its holdings in Walt Disney by 91.6% during the second quarter. Live Your Vision LLC now owns 1,046 shares of the entertainment giant’s stock valued at $113,000 after acquiring an additional 500 shares during the period. Trilogy Capital Inc. bought a new stake in Walt Disney during the first quarter valued at about $107,000. CSat Investment Advisory L.P. bought a new stake in Walt Disney during the second quarter valued at about $112,000. Finally, BDO Wealth Advisors LLC boosted its holdings in Walt Disney by 184.3% during the first quarter. BDO Wealth Advisors LLC now owns 1,140 shares of the entertainment giant’s stock valued at $114,000 after acquiring an additional 739 shares during the period. Hedge funds and other institutional investors own 63.15% of the company’s stock.
In related news, EVP Mary Jayne Parker sold 29,192 shares of the stock in a transaction dated 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 owns 29,199 shares of the company’s stock, valued at $3,445,190.01. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Brent Woodford sold 952 shares of the stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $111.87, for a total transaction of $106,500.24. Following the completion of the transaction, the executive vice president now directly owns 26,698 shares of the company’s stock, valued at approximately $2,986,705.26. The disclosure for this sale can be found here. Insiders sold 31,105 shares of company stock valued at $3,663,359 in the last three months. Company insiders own 0.38% of the company’s stock.
Shares of DIS opened at $116.71 on Wednesday. The stock has a market cap of $171.30 billion, a PE ratio of 20.48, a P/E/G ratio of 1.45 and a beta of 1.17. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.88 and a quick ratio of 0.81. Walt Disney Co has a 52 week low of $97.68 and a 52 week high of $119.69.
Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Tuesday, August 7th. The entertainment giant reported $1.87 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.97 by ($0.10). Walt Disney had a return on equity of 21.37% and a net margin of 20.76%. The business had revenue of $15.23 billion during the quarter, compared to analyst estimates of $15.49 billion. During the same period last year, the company earned $1.58 EPS. Equities analysts predict that Walt Disney Co will post 6.92 EPS for the current year.
A number of equities research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Walt Disney from a “sell” rating to a “hold” rating in a report on Monday, October 1st. Morgan Stanley upped their price target on shares of Walt Disney from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Monday, October 15th. ValuEngine raised shares of Walt Disney from a “hold” rating to a “buy” rating in a research report on Friday, October 19th. Barclays raised shares of Walt Disney from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $104.00 to $130.00 in a research report on Friday, October 19th. Finally, Bank of America set a $144.00 price objective on shares of Walt Disney and gave the company a “buy” rating in a research report on Wednesday, August 8th. One research 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 presently has a consensus rating of “Buy” and an average price target of $120.99.
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Walt Disney Company 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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