Green Valley Investors LLC reduced its stake in Walt Disney Co (NYSE:DIS) by 6.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 818,783 shares of the entertainment giant’s stock after selling 57,732 shares during the quarter. Walt Disney makes up 4.0% of Green Valley Investors LLC’s investment portfolio, making the stock its 8th largest holding. Green Valley Investors LLC owned approximately 0.06% of Walt Disney worth $85,817,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently bought and sold shares of DIS. HC Financial Advisors Inc. bought a new stake in shares of Walt Disney during the 4th quarter valued at $2,797,000. Westchester Capital Management Inc. grew its position in shares of Walt Disney by 0.7% during the 1st quarter. Westchester Capital Management Inc. now owns 76,433 shares of the entertainment giant’s stock valued at $7,677,000 after acquiring an additional 534 shares during the period. GW Henssler & Associates Ltd. grew its position in shares of Walt Disney by 0.9% during the 1st quarter. GW Henssler & Associates Ltd. now owns 208,862 shares of the entertainment giant’s stock valued at $20,978,000 after acquiring an additional 1,943 shares during the period. Grandfield & Dodd LLC grew its position in shares of Walt Disney by 4.2% during the 1st quarter. Grandfield & Dodd LLC now owns 110,639 shares of the entertainment giant’s stock valued at $11,113,000 after acquiring an additional 4,493 shares during the period. Finally, M&T Bank Corp grew its position in shares of Walt Disney by 13.2% during the 1st quarter. M&T Bank Corp now owns 563,260 shares of the entertainment giant’s stock valued at $56,575,000 after acquiring an additional 65,579 shares during the period. Hedge funds and other institutional investors own 63.04% of the company’s stock.
A number of equities research analysts have recently issued reports on DIS shares. Zacks Investment Research raised shares of Walt Disney from a “sell” rating to a “hold” rating in a research report on Monday, September 10th. BMO Capital Markets boosted their price objective on shares of Walt Disney from $100.00 to $110.00 and gave the company a “market perform” rating in a research report on Wednesday, August 8th. Pivotal Research downgraded shares of Walt Disney from a “hold” rating to a “sell” rating and set a $93.00 price objective for the company. in a research report on Monday, June 18th. ValuEngine raised shares of Walt Disney from a “sell” rating to a “hold” rating in a research report on Friday, June 15th. Finally, B. Riley cut their price objective on shares of Walt Disney from $123.00 to $121.00 and set a “buy” rating for the company in a research report on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company’s stock. Walt Disney has an average rating of “Buy” and a consensus price target of $119.54.
In other Walt Disney news, EVP Brent Woodford sold 952 shares of the business’s stock in a transaction on Tuesday, September 4th. The shares were sold at an average price of $111.87, for a total value of $106,500.24. Following the sale, the executive vice president now owns 26,698 shares in the company, valued at approximately $2,986,705.26. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman Robert A. Iger sold 437,679 shares of the business’s stock in a transaction on Monday, August 6th. The stock was sold at an average price of $115.00, for a total transaction of $50,333,085.00. Following the completion of the sale, the chairman now 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 valued at $69,049,384 in the last ninety days. 0.38% of the stock is currently owned by insiders.
Shares of Walt Disney stock opened at $112.61 on Friday. The firm has a market capitalization of $173.92 billion, a P/E ratio of 19.76, a PEG ratio of 1.55 and a beta of 1.29. The company has a quick ratio of 0.81, a current ratio of 0.88 and a debt-to-equity ratio of 0.35. Walt Disney Co has a fifty-two week low of $96.80 and a fifty-two week high of $118.10.
Walt Disney (NYSE:DIS) last issued its earnings results on Tuesday, August 7th. The entertainment giant reported $1.87 earnings per share for the quarter, missing the consensus estimate of $1.97 by ($0.10). The firm had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.49 billion. Walt Disney had a return on equity of 21.37% and a net margin of 20.76%. During the same period in the prior year, the company posted $1.58 EPS. On average, sell-side analysts forecast that Walt Disney Co will post 6.92 EPS for the current year.
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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