Boston Family Office LLC grew its position in The Walt Disney Company (NYSE:DIS) by 4.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,943 shares of the entertainment giant’s stock after buying an additional 1,311 shares during the period. Boston Family Office LLC’s holdings in The Walt Disney were worth $3,004,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in DIS. Vantage Financial Partners Ltd. Inc. purchased a new position in shares of The Walt Disney in the 2nd quarter valued at approximately $925,000. Front Row Advisors LLC purchased a new position in shares of The Walt Disney in the 4th quarter valued at approximately $122,000. Legacy Advisors LLC purchased a new position in shares of The Walt Disney in the 3rd quarter valued at approximately $137,000. Cerebellum GP LLC purchased a new position in shares of The Walt Disney in the 4th quarter valued at approximately $142,000. Finally, Malaga Cove Capital LLC purchased a new position in shares of The Walt Disney in the 3rd quarter valued at approximately $140,000. Institutional investors and hedge funds own 62.58% of the company’s stock.
In related news, Director Aylwin B. Lewis sold 1,797 shares of The Walt Disney stock in a transaction on Monday, February 26th. The shares were sold at an average price of $108.39, for a total value of $194,776.83. Following the sale, the director now owns 85,636 shares of the company’s stock, valued at approximately $9,282,086.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.38% of the stock is owned by insiders.
Several equities analysts recently commented on the stock. Zacks Investment Research lowered shares of The Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Rosenblatt Securities raised shares of The Walt Disney from a “neutral” rating to a “buy” rating and increased their price objective for the company from $115.00 to $130.00 in a research report on Wednesday, January 3rd. Vetr raised shares of The Walt Disney from a “buy” rating to a “strong-buy” rating and set a $113.13 price objective for the company in a research report on Friday, March 23rd. Cowen reaffirmed a “hold” rating and issued a $102.00 price objective on shares of The Walt Disney in a research report on Monday, February 5th. Finally, Macquarie raised shares of The Walt Disney from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $112.00 to $125.00 in a research report on Tuesday, January 2nd. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $118.66.
NYSE:DIS opened at $100.24 on Tuesday. 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 $150,893.89, a PE ratio of 17.59, a PEG ratio of 1.57 and a beta of 1.30. The Walt Disney Company has a 1-year low of $96.20 and a 1-year high of $116.10.
The Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.28. The firm had revenue of $15.35 billion during the quarter, compared to analyst estimates of $15.47 billion. The Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.55 EPS. analysts expect that The Walt Disney Company will post 6.92 earnings per share for the current fiscal year.
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The 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 services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.
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