Randolph Co Inc acquired a new position in shares of Walt Disney Co (NYSE:DIS) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 3,275 shares of the entertainment giant’s stock, valued at approximately $352,000.
Several other large investors have also recently bought and sold shares of the stock. Legacy Advisors LLC bought a new position in Walt Disney in the third quarter valued at approximately $137,000. Malaga Cove Capital LLC bought a new position in Walt Disney in the third quarter valued at approximately $140,000. Wealthcare Advisory Partners LLC bought a new position in Walt Disney in the third quarter valued at approximately $142,000. Cerebellum GP LLC bought a new position in Walt Disney in the fourth quarter valued at approximately $142,000. Finally, Krilogy Financial LLC grew its stake in Walt Disney by 13.2% in the second quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after purchasing an additional 166 shares in the last quarter. Institutional investors and hedge funds own 62.56% of the company’s stock.
In other news, Director Aylwin B. Lewis sold 1,797 shares of Walt Disney stock in a transaction on Monday, February 26th. The stock was sold at an average price of $108.39, for a total value of $194,776.83. Following the transaction, the director now owns 85,636 shares in the company, valued at approximately $9,282,086.04. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.38% of the company’s stock.
Walt Disney stock opened at $101.82 on Thursday. Walt Disney Co has a 52 week low of $96.20 and a 52 week high of $116.10. 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 stock has a market capitalization of $152,397.56, a price-to-earnings ratio of 14.44, a PEG ratio of 1.73 and a beta of 1.30.
Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.61 by $0.28. Walt Disney had a return on equity of 20.44% and a net margin of 19.61%. The company had revenue of $15.35 billion for the quarter, compared to analyst estimates of $15.47 billion. During the same quarter last year, the company posted $1.55 EPS. The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. sell-side analysts expect that Walt Disney Co will post 6.95 earnings per share for the current year.
DIS has been the subject of a number of analyst reports. Vetr upgraded Walt Disney from a “hold” rating to a “buy” rating and set a $112.50 price target for the company in a research note on Monday, January 1st. Credit Suisse Group reaffirmed a “buy” rating on shares of Walt Disney in a research report on Friday, December 22nd. Wells Fargo reaffirmed a “buy” rating and issued a $135.00 price objective on shares of Walt Disney in a research report on Friday, December 15th. Piper Jaffray Companies set a $125.00 price objective on Walt Disney and gave the company a “buy” rating in a research report on Friday, December 15th. Finally, Loop Capital reaffirmed a “buy” rating and issued a $106.00 price objective on shares of Walt Disney in a research report on Monday, December 11th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. Walt Disney currently has an average rating of “Buy” and a consensus target price of $118.95.
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Walt Disney 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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