The Walt Disney Company (NYSE:DIS) Shares Bought by Waters Parkerson & CO. LLC

Waters Parkerson & CO. LLC grew its stake in shares of The Walt Disney Company (NYSE:DISGet Rating) by 3.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 256,487 shares of the entertainment giant’s stock after acquiring an additional 8,140 shares during the period. Walt Disney comprises approximately 1.6% of Waters Parkerson & CO. LLC’s holdings, making the stock its 24th biggest position. Waters Parkerson & CO. LLC’s holdings in Walt Disney were worth $24,194,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Markel Corp lifted its position in Walt Disney by 2.3% in the 1st quarter. Markel Corp now owns 1,922,665 shares of the entertainment giant’s stock valued at $263,713,000 after purchasing an additional 42,500 shares during the last quarter. Fairfield Bush & CO. lifted its position in Walt Disney by 3.4% in the 1st quarter. Fairfield Bush & CO. now owns 9,624 shares of the entertainment giant’s stock valued at $1,320,000 after purchasing an additional 320 shares during the last quarter. United Bank lifted its position in Walt Disney by 8.7% in the 1st quarter. United Bank now owns 9,949 shares of the entertainment giant’s stock valued at $1,365,000 after purchasing an additional 794 shares during the last quarter. AMI Investment Management Inc. lifted its position in Walt Disney by 4.6% in the 1st quarter. AMI Investment Management Inc. now owns 24,918 shares of the entertainment giant’s stock valued at $3,418,000 after purchasing an additional 1,094 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its position in Walt Disney by 0.6% in the 1st quarter. Mackenzie Financial Corp now owns 828,308 shares of the entertainment giant’s stock valued at $113,611,000 after purchasing an additional 4,722 shares during the last quarter. 62.22% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DIS has been the topic of several recent research reports. Moffett Nathanson upgraded shares of Walt Disney from a “market perform” rating to an “outperform” rating and set a $120.00 price objective on the stock in a research report on Monday, November 21st. Barclays dropped their price target on shares of Walt Disney from $105.00 to $98.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 9th. Morgan Stanley dropped their price target on shares of Walt Disney from $125.00 to $115.00 and set an “overweight” rating on the stock in a research report on Monday, December 12th. Cowen dropped their price target on shares of Walt Disney from $124.00 to $94.00 in a research report on Wednesday, November 9th. Finally, Tigress Financial dropped their price target on shares of Walt Disney from $229.00 to $177.00 in a research report on Tuesday, November 22nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.74.

Walt Disney Stock Down 1.0 %

NYSE DIS traded down $1.05 during trading on Wednesday, reaching $104.95. The company’s stock had a trading volume of 2,459,490 shares, compared to its average volume of 11,569,230. The company has a current ratio of 1.00, a quick ratio of 0.94 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $191.39 billion, a PE ratio of 61.63, a PEG ratio of 2.21 and a beta of 1.22. The business has a 50-day moving average price of $94.07 and a 200-day moving average price of $101.01. The Walt Disney Company has a 1-year low of $84.07 and a 1-year high of $157.50.

Walt Disney (NYSE:DISGet Rating) last issued its quarterly earnings data on Tuesday, November 8th. The entertainment giant reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.20). Walt Disney had a return on equity of 6.96% and a net margin of 3.80%. The firm had revenue of $20.15 billion during the quarter, compared to analyst estimates of $21.10 billion. On average, research analysts forecast that The Walt Disney Company will post 3.97 earnings per share for the current fiscal year.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 18,110 shares of the business’s stock in a transaction on Thursday, January 12th. The shares were sold at an average price of $98.46, for a total value of $1,783,110.60. Following the completion of the sale, the executive vice president now directly owns 33,186 shares in the company, valued at $3,267,493.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, EVP Brent Woodford sold 18,110 shares of the company’s stock in a transaction on Thursday, January 12th. The shares were sold at an average price of $98.46, for a total transaction of $1,783,110.60. Following the completion of the transaction, the executive vice president now directly owns 33,186 shares in the company, valued at approximately $3,267,493.56. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Christine M. Mccarthy sold 42,533 shares of the company’s stock in a transaction on Thursday, January 12th. The shares were sold at an average price of $98.46, for a total transaction of $4,187,799.18. Following the transaction, the chief financial officer now owns 181,830 shares of the company’s stock, valued at $17,902,981.80. The disclosure for this sale can be found here. 0.10% of the stock is owned by corporate insiders.

Walt Disney Company Profile

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The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company’s global film and episodic television content production and distribution activities.

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

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