Dorsey & Whitney Trust CO LLC trimmed its position in shares of Walt Disney Co (NYSE:DIS) by 1.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 80,545 shares of the entertainment giant’s stock after selling 1,487 shares during the quarter. Walt Disney makes up approximately 1.6% of Dorsey & Whitney Trust CO LLC’s holdings, making the stock its 13th largest position. Dorsey & Whitney Trust CO LLC’s holdings in Walt Disney were worth $8,833,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of DIS. Contravisory Investment Management Inc. lifted its holdings in shares of Walt Disney by 176.4% during the fourth quarter. Contravisory Investment Management Inc. now owns 409 shares of the entertainment giant’s stock valued at $45,000 after purchasing an additional 261 shares during the last quarter. Watermark Asset Management Inc. lifted its holdings in shares of Walt Disney by 52.2% during the fourth quarter. Watermark Asset Management Inc. now owns 446 shares of the entertainment giant’s stock valued at $49,000 after purchasing an additional 153 shares during the last quarter. Highwater Wealth Management LLC purchased a new position in shares of Walt Disney during the fourth quarter valued at approximately $56,000. CX Institutional purchased a new position in shares of Walt Disney during the fourth quarter valued at approximately $80,000. Finally, Opera Trading Capital purchased a new position in shares of Walt Disney during the fourth quarter valued at approximately $137,000. 63.71% of the stock is currently owned by institutional investors and hedge funds.
Several equities analysts have recently issued reports on DIS shares. Tigress Financial reiterated a “buy” rating on shares of Walt Disney in a report on Tuesday, February 12th. Edward Jones upgraded shares of Walt Disney from a “hold” rating to a “buy” rating in a report on Wednesday, February 13th. Credit Suisse Group restated a “hold” rating and issued a $114.00 price objective on shares of Walt Disney in a report on Tuesday, January 22nd. Zacks Investment Research upgraded shares of Walt Disney from a “sell” rating to a “hold” rating in a report on Thursday, January 17th. Finally, Imperial Capital upgraded shares of Walt Disney from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $113.00 to $129.00 in a report on Tuesday, November 27th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the stock. Walt Disney presently has an average rating of “Buy” and an average target price of $124.84.
Shares of DIS opened at $114.96 on Friday. The firm has a market cap of $170.56 billion, a price-to-earnings ratio of 16.24, a P/E/G ratio of 2.75 and a beta of 0.91. The company has a quick ratio of 0.92, a current ratio of 1.00 and a debt-to-equity ratio of 0.32. Walt Disney Co has a 1-year low of $97.68 and a 1-year high of $120.20.
Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.27. The business had revenue of $15.30 billion during the quarter, compared to analyst estimates of $15.20 billion. Walt Disney had a net margin of 18.46% and a return on equity of 20.50%. The company’s quarterly revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.89 EPS. Sell-side analysts expect that Walt Disney Co will post 7.09 earnings per share for the current year.
In other Walt Disney news, EVP Alan N. Braverman sold 1,153 shares of the business’s stock in a transaction on Friday, December 28th. The shares were sold at an average price of $107.70, for a total transaction of $124,178.10. Following the completion of the sale, the executive vice president now directly owns 106,390 shares in the company, valued at approximately $11,458,203. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Brent Woodford sold 723 shares of the business’s stock in a transaction on Wednesday, December 19th. The shares were sold at an average price of $110.10, for a total transaction of $79,602.30. Following the sale, the executive vice president now owns 23,034 shares of the company’s stock, valued at $2,536,043.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,148 shares of company stock valued at $1,336,704. Company 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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