OLD Dominion Capital Management Inc. acquired a new stake in Walt Disney Co (NYSE:DIS) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 3,368 shares of the entertainment giant’s stock, valued at approximately $362,000.
A number of other large investors also recently modified their holdings of the stock. Leisure Capital Management raised its stake in shares of Walt Disney by 0.5% during the second quarter. Leisure Capital Management now owns 4,449 shares of the entertainment giant’s stock valued at $473,000 after acquiring an additional 20 shares during the last quarter. Atwood & Palmer Inc. raised its stake in shares of Walt Disney by 1.3% during the second quarter. Atwood & Palmer Inc. now owns 1,987 shares of the entertainment giant’s stock valued at $211,000 after acquiring an additional 25 shares during the last quarter. Manchester Capital Management LLC raised its stake in shares of Walt Disney by 0.3% during the second quarter. Manchester Capital Management LLC now owns 11,636 shares of the entertainment giant’s stock valued at $1,236,000 after acquiring an additional 30 shares during the last quarter. Marathon Capital Management raised its stake in shares of Walt Disney by 1.9% during the second quarter. Marathon Capital Management now owns 2,082 shares of the entertainment giant’s stock valued at $221,000 after acquiring an additional 38 shares during the last quarter. Finally, SNS Financial Group LLC raised its stake in shares of Walt Disney by 1.0% during the second quarter. SNS Financial Group LLC now owns 4,069 shares of the entertainment giant’s stock valued at $433,000 after acquiring an additional 39 shares during the last quarter. 62.56% of the stock is owned by institutional investors and hedge funds.
Several equities analysts have recently issued reports on the stock. Bank of America reaffirmed a “buy” rating and set a $144.00 price target (up previously from $130.00) on shares of Walt Disney in a research note on Wednesday, January 10th. Vetr downgraded shares of Walt Disney from a “strong-buy” rating to a “buy” rating and set a $114.86 target price for the company. in a research note on Tuesday, February 13th. B. Riley reissued a “hold” rating and set a $122.00 target price on shares of Walt Disney in a research note on Monday, January 29th. Macquarie set a $125.00 target price on shares of Walt Disney and gave the stock a “buy” rating in a research note on Tuesday, February 6th. Finally, Rosenblatt Securities raised shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $115.00 to $130.00 in a research note on Wednesday, January 3rd. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $119.40.
In other news, Director Aylwin B. Lewis sold 1,797 shares of Walt Disney stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $108.39, for a total transaction of $194,776.83. Following the completion of the transaction, the director now directly owns 85,636 shares in the company, valued at $9,282,086.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.38% of the stock is owned by company insiders.
Shares of Walt Disney stock opened at $102.87 on Monday. The company has a quick ratio of 0.80, a current ratio of 0.87 and a debt-to-equity ratio of 0.43. The company has a market cap of $154,683.16, a price-to-earnings ratio of 17.03, a price-to-earnings-growth ratio of 1.75 and a beta of 1.30. Walt Disney Co has a twelve month low of $96.20 and a twelve month high of $116.10.
Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.28. The firm had revenue of $15.35 billion during the quarter, compared to analysts’ expectations of $15.47 billion. Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. The business’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the company earned $1.55 earnings per share. equities analysts predict that Walt Disney Co will post 6.95 EPS for the current fiscal year.
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Walt Disney Company Profile
The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.
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