Compass Capital Management Inc. grew its stake in Walt Disney Co (NYSE:DIS) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 260,249 shares of the entertainment giant’s stock after buying an additional 4,018 shares during the period. Walt Disney accounts for 4.1% of Compass Capital Management Inc.’s holdings, making the stock its 10th biggest position. Compass Capital Management Inc.’s holdings in Walt Disney were worth $28,536,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently bought and sold shares of DIS. Contravisory Investment Management Inc. raised 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 worth $45,000 after purchasing an additional 261 shares during the last quarter. Watermark Asset Management Inc. raised 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 worth $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 worth $56,000. CX Institutional purchased a new position in shares of Walt Disney during the fourth quarter worth $80,000. Finally, Opera Trading Capital purchased a new position in shares of Walt Disney during the fourth quarter worth $137,000. 63.71% of the stock is owned by institutional investors and hedge funds.
DIS has been the subject of several recent research reports. Edward Jones raised shares of Walt Disney from a “hold” rating to a “buy” rating in a report on Wednesday, February 13th. Tigress Financial reissued a “buy” rating on shares of Walt Disney in a report on Tuesday, February 12th. Credit Suisse Group reissued a “hold” rating and set a $114.00 target price on shares of Walt Disney in a report on Tuesday, January 22nd. Zacks Investment Research raised shares of Walt Disney from a “sell” rating to a “hold” rating in a report on Thursday, January 17th. Finally, BMO Capital Markets raised their target price on shares of Walt Disney from $109.00 to $114.00 and gave the stock a “market perform” rating in a report on Thursday, February 7th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the company. Walt Disney currently has a consensus rating of “Buy” and a consensus target price of $124.84.
DIS stock opened at $114.96 on Friday. The firm has a market cap of $170.56 billion, a P/E ratio of 16.24, a PEG ratio of 2.75 and a beta of 0.91. The company has a current ratio of 1.00, a quick ratio of 0.92 and a debt-to-equity ratio of 0.32. Walt Disney Co has a one year low of $97.68 and a one year high of $120.20.
Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, February 5th. The entertainment giant reported $1.84 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.57 by $0.27. The company had revenue of $15.30 billion for 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 firm’s revenue was down .3% on a year-over-year basis. During the same quarter last year, the business earned $1.89 earnings per share. Research analysts predict that Walt Disney Co will post 7.09 earnings per share for the current year.
In related news, EVP Brent Woodford sold 1,341 shares of the firm’s stock in a transaction on Friday, December 21st. The shares were sold at an average price of $107.71, for a total transaction of $144,439.11. Following the sale, the executive vice president now owns 28,914 shares in the company, valued at $3,114,326.94. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Alan N. Braverman sold 1,153 shares of the firm’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 sale, the executive vice president now owns 106,390 shares in the company, valued at approximately $11,458,203. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,148 shares of company stock worth $1,336,704. 0.36% of the stock is owned by company insiders.
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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