Mitchell Mcleod Pugh & Williams Inc. grew its holdings in shares of Walt Disney Co (NYSE:DIS) by 7.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,603 shares of the entertainment giant’s stock after purchasing an additional 1,094 shares during the quarter. Walt Disney makes up about 1.4% of Mitchell Mcleod Pugh & Williams Inc.’s portfolio, making the stock its 12th biggest holding. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Walt Disney were worth $1,711,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Phocas Financial Corp. boosted its position in shares of Walt Disney by 989,639.9% during the 2nd quarter. Phocas Financial Corp. now owns 67,054,876 shares of the entertainment giant’s stock valued at $703,000 after acquiring an additional 67,048,101 shares during the last quarter. Matthew Goff Investment Advisor LLC boosted its position in shares of Walt Disney by 10,381.0% during the 3rd quarter. Matthew Goff Investment Advisor LLC now owns 5,399,078 shares of the entertainment giant’s stock valued at $51,513,000 after acquiring an additional 5,347,565 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of Walt Disney by 112.1% during the 2nd quarter. Renaissance Technologies LLC now owns 1,665,507 shares of the entertainment giant’s stock valued at $174,562,000 after acquiring an additional 880,100 shares during the last quarter. LFA Lugano Financial Advisors SA acquired a new position in shares of Walt Disney during the 2nd quarter valued at about $684,000. Finally, Federated Investors Inc. PA boosted its position in shares of Walt Disney by 529.4% during the 3rd quarter. Federated Investors Inc. PA now owns 812,831 shares of the entertainment giant’s stock valued at $95,051,000 after acquiring an additional 683,682 shares during the last quarter. 66.58% of the stock is currently owned by institutional investors.
NYSE DIS opened at $109.44 on Tuesday. Walt Disney Co has a 12 month low of $97.68 and a 12 month high of $120.20. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.92 and a current ratio of 1.00. The stock has a market capitalization of $166.24 billion, a price-to-earnings ratio of 15.46, a P/E/G ratio of 2.67 and a beta of 0.96.
Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 EPS for the quarter, beating the Zacks’ consensus estimate of $1.57 by $0.27. Walt Disney had a net margin of 18.46% and a return on equity of 20.50%. The company had revenue of $15.30 billion for the quarter, compared to analysts’ expectations of $15.20 billion. During the same quarter in the prior year, the company posted $1.89 earnings per share. Walt Disney’s revenue for the quarter was down .3% compared to the same quarter last year. As a group, analysts predict that Walt Disney Co will post 7.11 EPS for the current fiscal year.
DIS has been the topic of several recent research reports. ValuEngine raised shares of Walt Disney from a “hold” rating to a “buy” rating in a research report on Friday, October 19th. Loop Capital boosted their price target on shares of Walt Disney to $130.00 and gave the company a “buy” rating in a research report on Friday, November 9th. Argus boosted their price target on shares of Walt Disney from $129.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, November 12th. Credit Suisse Group reissued a “hold” rating and set a $114.00 price target on shares of Walt Disney in a research report on Tuesday, January 22nd. Finally, Zacks Investment Research raised shares of Walt Disney from a “sell” rating to a “hold” rating in a research report on Thursday, January 17th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company. Walt Disney currently has an average rating of “Buy” and an average target price of $124.84.
In other Walt Disney news, EVP Brent Woodford sold 2,000 shares of the business’s stock in a transaction dated Wednesday, February 6th. The shares were sold at an average price of $113.60, for a total transaction of $227,200.00. Following the sale, the executive vice president now directly owns 26,517 shares in the company, valued at $3,012,331.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Alan N. Braverman sold 1,153 shares of the business’s stock in a transaction dated Friday, December 28th. The stock was sold at an average price of $107.70, for a total transaction of $124,178.10. Following the sale, the executive vice president now owns 106,390 shares in the company, valued at $11,458,203. The disclosure for this sale can be found here. Insiders have sold 14,648 shares of company stock worth $1,616,684 over the last quarter. Insiders own 0.36% of the company’s stock.
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Walt Disney Company Profile
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.
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