Adviser Investments LLC grew its holdings in shares of Walt Disney Co (NYSE:DIS) by 3.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,285 shares of the entertainment giant’s stock after purchasing an additional 1,094 shares during the quarter. Adviser Investments LLC’s holdings in Walt Disney were worth $3,430,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Eagle Capital Management LLC grew its position in shares of Walt Disney by 2.3% during the 3rd quarter. Eagle Capital Management LLC now owns 26,193 shares of the entertainment giant’s stock valued at $3,063,000 after acquiring an additional 589 shares during the period. Patriot Wealth Management Inc. grew its position in shares of Walt Disney by 2.1% during the 3rd quarter. Patriot Wealth Management Inc. now owns 62,375 shares of the entertainment giant’s stock valued at $7,294,000 after acquiring an additional 1,305 shares during the period. Hemenway Trust Co LLC boosted its holdings in Walt Disney by 25.8% in the 3rd quarter. Hemenway Trust Co LLC now owns 12,621 shares of the entertainment giant’s stock worth $1,476,000 after buying an additional 2,592 shares during the period. Saratoga Research & Investment Management boosted its holdings in Walt Disney by 9.7% in the 3rd quarter. Saratoga Research & Investment Management now owns 428,685 shares of the entertainment giant’s stock worth $50,130,000 after buying an additional 37,931 shares during the period. Finally, First Hawaiian Bank bought a new position in Walt Disney in the 3rd quarter worth approximately $3,544,000. 63.71% of the stock is currently owned by institutional investors.
DIS opened at $114.96 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.00 and a debt-to-equity ratio of 0.32. Walt Disney Co has a 12 month low of $97.68 and a 12 month high of $120.20. The company has a market capitalization of $170.56 billion, a P/E ratio of 16.24, a price-to-earnings-growth ratio of 2.75 and a beta of 0.91.
Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.57 by $0.27. Walt Disney had a net margin of 18.46% and a return on equity of 20.50%. The firm had revenue of $15.30 billion during the quarter, compared to the consensus estimate of $15.20 billion. During the same period last year, the firm earned $1.89 EPS. The business’s quarterly revenue was down .3% compared to the same quarter last year. On average, equities analysts expect that Walt Disney Co will post 7.09 earnings per share for the current year.
In other Walt Disney news, EVP Alan N. Braverman sold 1,153 shares of the firm’s stock in a transaction on Friday, December 28th. The shares were sold at an average price of $107.70, for a total value of $124,178.10. Following the completion of the transaction, the executive vice president now directly owns 106,390 shares of the company’s stock, valued at approximately $11,458,203. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Brent Woodford sold 723 shares of the firm’s stock in a transaction on Wednesday, December 19th. The shares were sold at an average price of $110.10, for a total transaction of $79,602.30. Following the completion of the transaction, the executive vice president now directly owns 23,034 shares of the company’s stock, valued at $2,536,043.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,148 shares of company stock valued at $1,336,704. Insiders own 0.36% of the company’s stock.
Several research analysts recently commented on DIS shares. Edward Jones raised shares of Walt Disney from a “hold” rating to a “buy” rating in a report on Wednesday, February 13th. Tigress Financial reaffirmed a “buy” rating on shares of Walt Disney in a report on Tuesday, February 12th. Credit Suisse Group reaffirmed a “hold” rating and issued a $114.00 price objective on shares of Walt Disney in a report on Tuesday, January 22nd. Zacks Investment Research raised shares of Walt Disney from a “sell” rating to a “hold” rating in a report on Thursday, January 17th. Finally, BMO Capital Markets raised their price objective on shares of Walt Disney from $109.00 to $114.00 and gave the stock a “market perform” rating in a report on Thursday, February 7th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the stock. Walt Disney currently has an average rating of “Buy” and a consensus price target of $124.84.
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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 businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.
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