Winfield Associates Inc. Acquires 100 Shares of The Walt Disney Company (NYSE:DIS)

Winfield Associates Inc. boosted its holdings in The Walt Disney Company (NYSE:DIS) by 2.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,895 shares of the entertainment giant’s stock after purchasing an additional 100 shares during the quarter. Winfield Associates Inc.’s holdings in Walt Disney were worth $659,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its stake in Walt Disney by 0.7% in the second quarter. Vanguard Group Inc. now owns 136,666,060 shares of the entertainment giant’s stock valued at $24,021,793,000 after acquiring an additional 940,877 shares during the period. BlackRock Inc. grew its stake in Walt Disney by 2.2% in the second quarter. BlackRock Inc. now owns 119,480,524 shares of the entertainment giant’s stock valued at $21,001,090,000 after acquiring an additional 2,623,659 shares during the period. State Street Corp grew its stake in Walt Disney by 1.9% in the second quarter. State Street Corp now owns 71,914,682 shares of the entertainment giant’s stock valued at $12,640,444,000 after acquiring an additional 1,355,380 shares during the period. Morgan Stanley grew its stake in Walt Disney by 1.9% in the second quarter. Morgan Stanley now owns 32,666,477 shares of the entertainment giant’s stock valued at $5,741,785,000 after acquiring an additional 595,313 shares during the period. Finally, Geode Capital Management LLC grew its stake in Walt Disney by 3.0% in the second quarter. Geode Capital Management LLC now owns 27,929,476 shares of the entertainment giant’s stock valued at $4,893,596,000 after acquiring an additional 813,689 shares during the period. Institutional investors and hedge funds own 64.08% of the company’s stock.

In related news, CEO Robert A. Chapek sold 10,587 shares of the business’s stock in a transaction dated Tuesday, August 31st. The stock was sold at an average price of $182.00, for a total transaction of $1,926,834.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.25% of the company’s stock.

Shares of NYSE:DIS traded up $0.31 during midday trading on Thursday, reaching $151.34. 14,123,739 shares of the company traded hands, compared to its average volume of 10,012,573. The company has a quick ratio of 1.04, a current ratio of 1.08 and a debt-to-equity ratio of 0.52. The Walt Disney Company has a 12 month low of $146.29 and a 12 month high of $203.02. The firm has a market capitalization of $275.00 billion, a price-to-earnings ratio of 138.84, a price-to-earnings-growth ratio of 1.49 and a beta of 1.17. The firm’s fifty day moving average price is $170.25 and its two-hundred day moving average price is $175.01.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, November 10th. The entertainment giant reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.13). Walt Disney had a net margin of 2.96% and a return on equity of 4.86%. During the same period in the prior year, the business earned ($0.20) EPS. Analysts forecast that The Walt Disney Company will post 4.74 earnings per share for the current year.

DIS has been the topic of several analyst reports. Zacks Investment Research cut Walt Disney from a “buy” rating to a “hold” rating and set a $185.00 target price on the stock. in a research report on Wednesday, August 18th. Evercore ISI reaffirmed a “buy” rating and set a $210.00 target price on shares of Walt Disney in a research report on Wednesday, September 22nd. Citigroup cut their target price on Walt Disney from $230.00 to $210.00 and set a “buy” rating on the stock in a research report on Tuesday, November 16th. Atlantic Securities cut Walt Disney from an “overweight” rating to a “neutral” rating and cut their target price for the company from $219.00 to $172.00 in a research report on Thursday, November 11th. Finally, Royal Bank of Canada lifted their target price on Walt Disney from $202.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, August 13th. Six equities research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $200.15.

Walt Disney Company Profile

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Media Networks, Parks, Experiences and Products, Studio Entertainment and Direct-to-Consumer and International (DTCI). The Media Networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, radio networks and stations.

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

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