One Capital Management LLC lifted its position in Walt Disney Co (NYSE:DIS) by 7.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 29,666 shares of the entertainment giant’s stock after purchasing an additional 2,064 shares during the period. One Capital Management LLC’s holdings in Walt Disney were worth $3,109,000 as of its most recent SEC filing.
Several other institutional investors have also recently modified their holdings of DIS. Carnick & Kubik Group LLC increased its holdings in Walt Disney by 149.1% in the 2nd quarter. Carnick & Kubik Group LLC now owns 39,689 shares of the entertainment giant’s stock worth $4,160,000 after buying an additional 23,755 shares in the last quarter. Hudock Capital Group LLC grew its stake in shares of Walt Disney by 58.4% during the 2nd quarter. Hudock Capital Group LLC now owns 1,839 shares of the entertainment giant’s stock valued at $192,000 after purchasing an additional 678 shares during the period. Everett Harris & Co. CA grew its stake in shares of Walt Disney by 2.1% during the 2nd quarter. Everett Harris & Co. CA now owns 1,157,965 shares of the entertainment giant’s stock valued at $121,366,000 after purchasing an additional 24,140 shares during the period. Sunbelt Securities Inc. bought a new stake in shares of Walt Disney during the 1st quarter valued at about $241,000. Finally, Hall Laurie J Trustee grew its stake in shares of Walt Disney by 14.5% during the 2nd quarter. Hall Laurie J Trustee now owns 20,950 shares of the entertainment giant’s stock valued at $2,195,000 after purchasing an additional 2,650 shares during the period. Hedge funds and other institutional investors own 63.04% of the company’s stock.
In other news, EVP Brent Woodford sold 952 shares of the stock in a transaction on Tuesday, September 4th. The stock was sold at an average price of $111.87, for a total transaction of $106,500.24. Following the transaction, the executive vice president now owns 26,698 shares of the company’s stock, valued at approximately $2,986,705.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Robert A. Iger sold 437,679 shares of the stock in a transaction on Monday, August 6th. The stock was sold at an average price of $115.00, for a total value of $50,333,085.00. Following the transaction, the chairman now directly owns 1,498,871 shares in the company, valued at approximately $172,370,165. The disclosure for this sale can be found here. Insiders sold a total of 599,701 shares of company stock worth $69,049,384 in the last ninety days. 0.38% of the stock is currently owned by corporate insiders.
Shares of Walt Disney stock opened at $116.89 on Wednesday. The firm has a market capitalization of $173.92 billion, a price-to-earnings ratio of 20.39, a price-to-earnings-growth ratio of 1.55 and a beta of 1.29. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.81 and a current ratio of 0.88. Walt Disney Co has a 52 week low of $96.80 and a 52 week high of $118.10.
Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, August 7th. The entertainment giant reported $1.87 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.97 by ($0.10). The business had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.49 billion. Walt Disney had a net margin of 20.76% and a return on equity of 21.37%. During the same period last year, the company earned $1.58 EPS. On average, equities analysts expect that Walt Disney Co will post 6.92 EPS for the current fiscal year.
A number of equities research analysts have issued reports on the company. Zacks Investment Research upgraded Walt Disney from a “sell” rating to a “hold” rating in a research note on Monday, October 1st. Pivotal Research reiterated a “sell” rating and set a $95.00 price objective on shares of Walt Disney in a research note on Sunday, September 23rd. Royal Bank of Canada reiterated a “buy” rating and set a $140.00 price objective on shares of Walt Disney in a research note on Wednesday, August 8th. Imperial Capital boosted their price objective on Walt Disney from $108.00 to $112.00 and gave the company an “inline” rating in a research note on Wednesday, August 8th. Finally, BMO Capital Markets boosted their price target on Walt Disney from $100.00 to $110.00 and gave the stock a “market perform” rating in a report on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. Walt Disney presently has a consensus rating of “Buy” and an average target price of $119.54.
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.
Further Reading: Compound Annual Growth Rate (CAGR)